United Arab Emirates - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLubricant Additives Price in the United Arab Emirates - 2021
Contents:
- Lubricant Additives Price in the United Arab Emirates (CIF) - 2022
- Lubricant Additives Price in the United Arab Emirates (FOB) - 2022
- Lubricant Additives Imports in the United Arab Emirates
- Lubricant Additives Exports in the United Arab Emirates
Lubricant Additives Price in the United Arab Emirates (CIF) - 2022
In 2022, the average lubricant additives import price amounted to $3,276 per ton, increasing by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $3,531 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,233 per ton), while the price for the Netherlands ($2,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricant Additives Price in the United Arab Emirates (FOB) - 2022
In 2022, the average lubricant additives export price amounted to $2,818 per ton, which is down by -9% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lubricant additives export price decreased by -21.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 32%. Over the period under review, the average export prices hit record highs at $3,576 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($3,919 per ton), while the average price for exports to Saudi Arabia ($1,371 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 (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricant Additives Imports in the United Arab Emirates
In 2022, approx. 231K tons of prepared additives for mineral oils were imported into the United Arab Emirates; with an increase of 13% compared with 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, lubricant additives imports surged to $756M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Lubricant Additives in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.4 | 42.7 | 48.0 | 190 | 103.9% |
| India | 19.8 | 23.6 | 28.3 | 126 | 85.3% |
| Singapore | 75.1 | 57.6 | 73.5 | 110 | 13.6% |
| France | 67.0 | 53.7 | 71.0 | 95.5 | 12.5% |
| United States | 26.3 | 23.4 | 26.7 | 69.7 | 38.4% |
| Italy | 47.1 | 26.7 | 26.1 | 52.9 | 3.9% |
| Belgium | 9.1 | 3.3 | 41.8 | 45.3 | 70.7% |
| Belarus | 9.4 | 12.8 | 10.3 | 4.0 | -24.8% |
| Others | 204 | 164 | 264 | 61.8 | -32.8% |
| Total | 480 | 408 | 589 | 756 | 16.3% |
Top Suppliers of Lubricant Additives to the United Arab Emirates in 2022:
- China (59.5K tons)
- India (52.8K tons)
- Singapore (34.9K tons)
- France (23.0K tons)
- United States (17.1K tons)
- Belgium (13.3K tons)
- Italy (12.5K tons)
- Belarus (1.4K tons)
Lubricant Additives Exports in the United Arab Emirates
Lubricant additives exports from the United Arab Emirates soared to 93K tons in 2022, rising by 127% compared with 2021 figures. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lubricant additives exports surged to $263M in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lubricant Additives in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | 0.1 | 0.1 | 27.2 | 1549.2% |
| Saudi Arabia | 5.6 | 6.6 | 10.3 | 25.7 | 66.2% |
| India | 1.9 | 1.2 | 1.3 | 22.8 | 128.9% |
| Nigeria | 2.3 | 27.1 | 6.6 | 20.1 | 106.0% |
| Pakistan | 3.9 | 3.3 | 3.4 | 18.8 | 68.9% |
| Iraq | N/A | N/A | N/A | 18.4 | 0% |
| Iran | 127 | 100 | 80.9 | 18.4 | -47.5% |
| China | N/A | N/A | N/A | 11.6 | 0% |
| Singapore | 0.2 | N/A | 0.1 | 7.9 | 240.6% |
| Oman | 15.2 | 10.3 | 8.5 | 7.5 | -21.0% |
| Kuwait | 0.6 | 0.9 | 0.4 | 5.8 | 113.0% |
| South Africa | 0.4 | 0.6 | 0.8 | 5.4 | 138.1% |
| Jordan | 0.9 | 2.4 | 1.1 | 3.4 | 55.7% |
| Others | 7.3 | 7.3 | 13.9 | 70.3 | 112.8% |
| Total | 165 | 160 | 127 | 263 | 16.8% |
Top Export Markets for Lubricant Additives from the United Arab Emirates in 2022:
- Saudi Arabia (18.7K tons)
- Iraq (8.9K tons)
- India (7.9K tons)
- Azerbaijan (7.1K tons)
- Nigeria (6.4K tons)
- Pakistan (6.1K tons)
- Iran (4.7K tons)
- China (3.3K tons)
- Oman (2.4K tons)
- Singapore (2.2K tons)
- Kuwait (2.1K tons)
- South Africa (1.9K tons)
- Jordan (1.9K tons)
This report provides an in-depth analysis of the lubricant additives market in the United Arab Emirates. 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:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the lubricant additives market in the United Arab Emirates.
377
This report provides an in-depth analysis of the lubricating oil additive market in the United Arab Emirates.
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This report provides an in-depth analysis of the anti-knock preparations market in the United Arab Emirates.
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