India - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLubricating Oil Additive Price in India - 2023
Contents:
- Lubricating Oil Additive Price in India (CIF) - 2023
- Lubricating Oil Additive Price in India (FOB) - 2023
- Lubricating Oil Additive Imports in India
- Lubricating Oil Additive Exports in India
Lubricating Oil Additive Price in India (CIF) - 2023
In July 2023, the average lubricating oil additive import price amounted to $4,889 per ton, standing approximately at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 7.6% month-to-month. Over the period under review, average import prices hit record highs at $5,434 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,710 per ton), while the price for South Korea ($3,559 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricating Oil Additive Price in India (FOB) - 2023
The average lubricating oil additive export price stood at $3,257 per ton in July 2023, surging by 6.7% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 8.8% month-to-month. The export price peaked at $3,771 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($4,158 per ton), while the average price for exports to China ($2,055 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricating Oil Additive Imports in India
In 2022, lubricating oil additive imports into India dropped significantly to 45K tons, shrinking by -26.7% on 2021 figures. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year.
In value terms, lubricating oil additive imports stood at $239M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Lubricating Oil Additive in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 77.7 | 58.6 | 83.1 | 82.2 | 1.9% |
| United States | 65.8 | 57.2 | 66.3 | 65.6 | -0.1% |
| Belgium | 40.9 | 28.7 | 27.7 | 31.6 | -8.2% |
| Japan | 9.0 | 9.1 | 13.0 | 12.8 | 12.5% |
| China | 6.7 | 7.7 | 9.3 | 9.2 | 11.1% |
| France | 7.8 | 5.4 | 8.0 | 7.9 | 0.4% |
| South Korea | 4.0 | 3.8 | 6.2 | 6.1 | 15.1% |
| Italy | 2.9 | 3.3 | 5.8 | 5.8 | 26.0% |
| United Arab Emirates | 8.5 | 1.9 | 5.2 | 5.1 | -15.7% |
| Others | 10.5 | 8.5 | 12.0 | 12.9 | 7.1% |
| Total | 234 | 184 | 236 | 239 | 0.7% |
Top Suppliers of Lubricating Oil Additive to India in 2022:
- Singapore (18.6K tons)
- United States (10.0K tons)
- Belgium (6.2K tons)
- Japan (1.7K tons)
- China (1.4K tons)
- South Korea (1.4K tons)
- France (1.3K tons)
- Italy (1.1K tons)
- United Arab Emirates (1.1K tons)
Lubricating Oil Additive Exports in India
In 2022, shipments abroad of additives for lubricating oils was finally on the rise to reach 39K tons after two years of decline. Over the period under review, exports, however, continue to indicate a dramatic contraction.
In value terms, lubricating oil additive exports surged to $121M in 2022. Overall, exports, however, saw a precipitous decline.
| Export of Lubricating Oil Additive in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.4 | 55.1 | 1.6 | 15.0 | 120.5% |
| United States | 18.0 | 16.8 | 18.4 | 14.7 | -6.5% |
| China | 17.4 | 10.3 | 16.0 | 12.8 | -9.7% |
| Netherlands | 43.4 | 0.9 | 0.8 | 11.7 | -35.4% |
| United Arab Emirates | 12.4 | 15.1 | 14.2 | 11.3 | -3.0% |
| Mozambique | 39.6 | N/A | N/A | 10.3 | -36.2% |
| South Africa | 21.9 | 2.2 | 1.5 | 6.7 | -32.6% |
| Nigeria | 9.3 | 8.2 | 6.6 | 6.3 | -12.2% |
| Singapore | 6.6 | 7.1 | 7.7 | 6.1 | -2.6% |
| France | 3.6 | 4.1 | 3.8 | 3.1 | -4.9% |
| Iran | 1.4 | N/A | 3.0 | 2.4 | 19.7% |
| Indonesia | 0.3 | 1.2 | 2.7 | 2.1 | 91.3% |
| Sri Lanka | 1.0 | 1.6 | 2.7 | 2.1 | 28.1% |
| Others | 82.5 | 16.5 | 21.1 | 16.8 | -41.2% |
| Total | 259 | 139 | 100 | 121 | -22.4% |
Top Export Markets for Lubricating Oil Additive from India in 2022:
- Mozambique (9.3K tons)
- China (5.9K tons)
- Netherlands (4.1K tons)
- Turkey (2.8K tons)
- United States (2.7K tons)
- United Arab Emirates (2.3K tons)
- South Africa (2.1K tons)
- France (1.1K tons)
- Nigeria (1.1K tons)
- Indonesia (0.8K tons)
- Singapore (0.8K tons)
- Sri Lanka (0.8K tons)
- Iran (0.7K tons)
This report provides an in-depth analysis of the lubricating oil additive market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
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This report provides an in-depth analysis of the lubricating oil additive market in India.
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