Croatia - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLubricating Oil Additive Price in Croatia - 2023
Contents:
- Lubricating Oil Additive Price in Croatia (CIF) - 2023
- Lubricating Oil Additive Price in Croatia (FOB) - 2023
- Lubricating Oil Additive Imports in Croatia
- Lubricating Oil Additive Exports in Croatia
Lubricating Oil Additive Price in Croatia (CIF) - 2023
The average lubricating oil additive import price stood at $8,783 per ton in June 2023, jumping by 29% against the previous month. Over the period under review, import price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, lubricating oil additive import price decreased by -6.7% against April 2023 indices. The growth pace was the most rapid in November 2022 when the average import price increased by 51% m-o-m. The import price peaked at $9,410 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat 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 the Netherlands ($25,548 per ton), while the price for Italy ($3,725 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 the Netherlands (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricating Oil Additive Price in Croatia (FOB) - 2023
The average lubricating oil additive export price stood at $6,422 per ton in June 2023, shrinking by -14.4% against the previous month. Overall, export price indicated moderate growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, lubricating oil additive export price decreased by +0.9% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 53% against the previous month. As a result, the export price attained the peak level of $10,536 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($17,160 per ton), while the average price for exports to Romania ($4,090 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 Turkey (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricating Oil Additive Imports in Croatia
In 2022, the amount of additives for lubricating oils imported into Croatia stood at 992 tons, with an increase of 8.5% compared with the year before. In general, imports, however, saw a deep contraction.
In value terms, lubricating oil additive imports skyrocketed to $5.9M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +54.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.
Import of Lubricating Oil Additive in Croatia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,883 | 1,686 | 1,862 | 1,908 | 0.4% |
Belgium | 840 | 780 | 1,102 | 1,606 | 24.1% |
Netherlands | 406 | 442 | 595 | 1,192 | 43.2% |
Germany | 217 | 295 | 763 | 618 | 41.7% |
United States | 199 | 320 | 138 | 176 | -4.0% |
Slovenia | 139 | 153 | 124 | 151 | 2.8% |
Spain | N/A | 21.3 | 12.7 | 131 | 148.0% |
Italy | 2.7 | 2.8 | 94.9 | 89.8 | 221.6% |
Hungary | 446 | 67.9 | 0.9 | N/A | -95.5% |
Others | 89.3 | 67.8 | 198 | 49.2 | -18.0% |
Total | 4,222 | 3,837 | 4,890 | 5,921 | 11.9% |
Top Suppliers of Lubricating Oil Additive to Croatia in 2022:
- Hungary (undefined tons)
- France (356.5 tons)
- Netherlands (237.4 tons)
- Belgium (230.5 tons)
- Germany (69.7 tons)
- Italy (27.0 tons)
- Spain (22.8 tons)
- Slovenia (20.5 tons)
- United States (18.1 tons)
Lubricating Oil Additive Exports in Croatia
Lubricating oil additive exports from Croatia reached 625 tons in 2022, increasing by 11% on the previous year. The total export volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, lubricating oil additive exports soared to $3.8M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Lubricating Oil Additive in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 831 | 657 | 956 | 1,517 | 22.2% |
Romania | 9.9 | 18.8 | 58.9 | 501 | 269.9% |
Slovenia | 282 | 349 | 851 | 438 | 15.8% |
Serbia | 413 | 340 | 218 | 393 | -1.6% |
Italy | 62.8 | 90.5 | 124 | 151 | 34.0% |
Turkey | 0.4 | 36.3 | 3.1 | 107 | 544.3% |
France | 73.3 | 55.5 | 104 | 93.9 | 8.6% |
Kosovo | N/A | 70.6 | 114 | 91.4 | 13.8% |
Austria | 51.7 | 33.3 | 59.4 | 69.4 | 10.3% |
Bulgaria | 42.9 | 132 | 9.8 | 60.5 | 12.1% |
Hungary | 176 | 91.8 | 116 | 58.8 | -30.6% |
Others | 166 | 336 | 485 | 359 | 29.3% |
Total | 2,109 | 2,211 | 3,099 | 3,840 | 22.1% |
Top Export Markets for Lubricating Oil Additive from Croatia in 2022:
- Bosnia and Herzegovina (271.1 tons)
- Romania (101.6 tons)
- Serbia (69.1 tons)
- Slovenia (47.1 tons)
- Italy (21.2 tons)
- Turkey (19.7 tons)
- Hungary (14.9 tons)
- Austria (14.1 tons)
- Bulgaria (12.4 tons)
- Kosovo (10.3 tons)
- France (8.4 tons)
This report provides an in-depth analysis of the lubricating oil additive market in Croatia. 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:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- 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
This report provides an in-depth analysis of the lubricating oil additive market in Croatia.
This report provides an in-depth analysis of the lubricant additives market in Croatia.
This report provides an in-depth analysis of the anti-knock preparations market in Croatia.
This report provides an in-depth analysis of the global lubricating oil additive market.
This report provides an in-depth analysis of the global lubricant additives market.
This report provides an in-depth analysis of the global anti-knock preparations market.
This report provides an in-depth analysis of the lubricating oil additive market in Croatia.
This report provides an in-depth analysis of the lubricant additives market in Croatia.
This report provides an in-depth analysis of the anti-knock preparations market in Croatia.
This report provides an in-depth analysis of the global lubricating oil additive market.
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