Report Update: May 4, 2024

Czech Republic - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights

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Lubricant Additives Price in the Czech Republic - 2023

Lubricant Additives Price in the Czech Republic (CIF) - 2022

In 2022, the average lubricant additives import price amounted to $4,345 per ton, with a decrease of -4.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2020 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $4,534 per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,407 per ton), while the price for Poland ($2,391 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Lubricant Additives Price in the Czech Republic (FOB) - 2022

In 2022, the average lubricant additives export price amounted to $6,066 per ton, reducing by -30.7% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the average export price increased by 45% against the previous year. The export price peaked at $8,750 per ton in 2021, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($13,603 per ton), while the average price for exports to France ($3,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lubricant Additives Imports in the Czech Republic

In 2022, the amount of prepared additives for mineral oils imported into the Czech Republic dropped to 4K tons, waning by -5.4% compared with 2021 figures. Over the period under review, imports faced a abrupt decrease.

In value terms, lubricant additives imports reduced to $17M in 2022. In general, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 3% against the previous year. As a result, imports reached the peak of $19M, and then declined in the following year.

Import of Lubricant Additives in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	4.5	4.2	5.2	5.4	6.3%
Germany	3.9	4.3	4.6	3.7	-1.7%
Italy	0.9	1.0	1.3	2.9	47.7%
France	5.4	4.3	3.4	1.4	-36.2%
Poland	0.5	0.4	0.6	0.9	21.6%
Hungary	0.6	0.3	0.3	0.5	-5.9%
Slovakia	0.6	0.6	0.5	0.5	-5.9%
United Kingdom	1.0	1.8	0.8	0.3	-33.1%
Others	1.8	1.8	2.4	1.9	1.8%
Total	19.1	18.7	19.3	17.5	-2.9%

Top Suppliers of Lubricant Additives to the Czech Republic in 2022:

Austria (1247.4 tons)
Germany (1088.1 tons)
Italy (532.3 tons)
Poland (381.1 tons)
France (313.1 tons)
Hungary (128.7 tons)
Slovakia (118.0 tons)
United Kingdom (29.5 tons)

Lubricant Additives Exports in the Czech Republic

Lubricant additives exports from the Czech Republic soared to 1.4K tons in 2022, rising by 82% on 2021. In general, exports continue to indicate a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lubricant additives exports skyrocketed to $8.3M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lubricant Additives in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	2,349	2,801	3,365	4,551	24.7%
Poland	127	173	292	1,160	109.0%
Spain	506	466	589	501	-0.3%
Italy	391	319	479	457	5.3%
Germany	796	551	483	380	-21.8%
Austria	211	126	146	279	9.8%
Hungary	235	193	199	202	-4.9%
France	300	168	199	174	-16.6%
Greece	103	81.2	133	131	8.3%
Sweden	104	65.7	92.6	50.2	-21.6%
Others	404	548	592	385	-1.6%
Total	5,525	5,492	6,571	8,270	14.4%

Top Export Markets for Lubricant Additives from the Czech Republic in 2022:

Slovakia (784.4 tons)
Poland (150.2 tons)
Spain (140.9 tons)
Italy (67.7 tons)
France (52.0 tons)
Hungary (28.4 tons)
Germany (27.9 tons)
Greece (25.1 tons)
Austria (17.0 tons)
Sweden (14.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lubricant additives market in the Czech Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20594250 - Anti-knock preparations
Prodcom 20594270 - Additives for lubricating oils
Prodcom 20594290 - Additives for mineral oils or for other liquids used for the same purpose as mineral oils (including gasoline) (excluding anti-knock preparations, additives for lubricating oils)

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023