China - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLubricating Oil Additive Price in China - 2023
Contents:
- Lubricating Oil Additive Price in China (CIF) - 2023
- Lubricating Oil Additive Price in China (FOB) - 2023
- Lubricating Oil Additive Imports in China
- Lubricating Oil Additive Exports in China
Lubricating Oil Additive Price in China (CIF) - 2023
The average lubricating oil additive import price stood at $4,345 per ton in June 2023, declining by -2.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 8.7% against the previous month. As a result, import price reached the peak level of $4,751 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($6,950 per ton), while the price for India ($2,976 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricating Oil Additive Price in China (FOB) - 2023
The average lubricating oil additive export price stood at $3,289 per ton in June 2023, with an increase of 1.6% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 5.7% m-o-m. Over the period under review, the average export prices hit record highs at $3,658 per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Indonesia ($4,477 per ton), while the average price for exports to Belgium ($2,801 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricating Oil Additive Imports in China
In 2022, approx. 278K tons of additives for lubricating oils were imported into China; with a decrease of -26.4% on the previous year. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 378K tons, and then declined markedly in the following year.
In value terms, lubricating oil additive imports declined to $1.1B in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports reached the peak of $1.3B, and then contracted in the following year.
| Import of Lubricating Oil Additive in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 551 | 503 | 561 | 459 | -5.9% |
| United States | 243 | 269 | 330 | 344 | 12.3% |
| France | 56.5 | 66.0 | 108 | 83.4 | 13.9% |
| South Korea | 22.0 | 26.5 | 48.4 | 49.0 | 30.6% |
| Japan | 48.4 | 48.6 | 53.3 | 47.1 | -0.9% |
| Italy | 75.7 | 49.5 | 56.0 | 42.6 | -17.4% |
| Germany | 29.6 | 31.9 | 48.3 | 39.6 | 10.2% |
| India | 19.0 | 10.8 | 18.2 | 17.7 | -2.3% |
| Others | 60.2 | 57.2 | 73.3 | 51.4 | -5.1% |
| Total | 1,105 | 1,062 | 1,296 | 1,134 | 0.9% |
Top Suppliers of Lubricating Oil Additive to China in 2022:
- Singapore (125.0K tons)
- United States (73.1K tons)
- France (21.1K tons)
- South Korea (15.1K tons)
- Italy (11.7K tons)
- Japan (9.1K tons)
- Germany (5.9K tons)
- India (5.6K tons)
Lubricating Oil Additive Exports in China
In 2022, exports of additives for lubricating oils from China skyrocketed to 206K tons, growing by 80% against 2021 figures. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lubricating oil additive exports skyrocketed to $695M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lubricating Oil Additive in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.3 | 0.3 | 1.2 | 236 | 823.1% |
| Singapore | 87.9 | 79.6 | 108 | 134 | 15.1% |
| United Arab Emirates | 44.1 | 42.7 | 48.0 | 82.1 | 23.0% |
| South Korea | 16.3 | 22.9 | 44.8 | 79.2 | 69.4% |
| Indonesia | 17.6 | 24.6 | 18.6 | 24.8 | 12.1% |
| Chad | 17.2 | N/A | 0.7 | 7.7 | -23.5% |
| Iran | 34.2 | 23.9 | 11.9 | 3.5 | -53.2% |
| Others | 41.2 | 54.4 | 65.8 | 129 | 46.3% |
| Total | 259 | 248 | 299 | 695 | 39.0% |
Top Export Markets for Lubricating Oil Additive from China in 2022:
- Russia (61.3K tons)
- Singapore (44.0K tons)
- United Arab Emirates (28.9K tons)
- South Korea (25.1K tons)
- Indonesia (7.2K tons)
- Chad (2.1K tons)
- Iran (1.2K tons)
This report provides an in-depth analysis of the lubricating oil additive market in China. 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 20594270 - Additives for lubricating oils
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
-
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
449
This report provides an in-depth analysis of the lubricating oil additive market in China.
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This report provides an in-depth analysis of the lubricant additives market in China.
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This report provides an in-depth analysis of the global lubricating oil additive market.
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This report provides an in-depth analysis of the global lubricant additives market.
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This report provides an in-depth analysis of the global anti-knock preparations market.
449
This report provides an in-depth analysis of the lubricating oil additive market in China.
478
This report provides an in-depth analysis of the lubricant additives market in China.
326
This report provides an in-depth analysis of the anti-knock preparations market in China.
816
This report provides an in-depth analysis of the global lubricating oil additive market.
396
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In April 2023, the lubricant additives price amounted to $4,144 per ton (CIF, China), reducing by -3.3% against the previous month.
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Explore the top import markets for lubricating oil additives, including China, Belgium, Germany, and more. Get key statistics and market insights from the IndexBox platform.
