Vietnam - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingLubricating Oil Additive Price in Vietnam - 2021
Contents:
- Lubricating Oil Additive Price in Vietnam (CIF) - 2022
- Lubricating Oil Additive Price in Vietnam (FOB) - 2022
- Lubricating Oil Additive Imports in Vietnam
- Lubricating Oil Additive Exports in Vietnam
Lubricating Oil Additive Price in Vietnam (CIF) - 2022
In 2022, the average lubricating oil additive import price amounted to $3,631 per ton, which is down by -4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20%. Over the period under review, average import prices attained the maximum at $4,125 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($4,003 per ton) and the United States ($3,976 per ton), while the price for China ($2,935 per ton) and France ($3,018 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricating Oil Additive Price in Vietnam (FOB) - 2022
In 2022, the average lubricating oil additive export price amounted to $4,415 per ton, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($5,322 per ton) and the United States ($4,840 per ton), while the average price for exports to Australia ($4,030 per ton) and Indonesia ($4,079 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+49.0%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricating Oil Additive Imports in Vietnam
Lubricating oil additive imports into Vietnam fell significantly to 4.5K tons in 2022, waning by -79.9% on the previous year's figure. Over the period under review, imports recorded a significant contraction. The growth pace was the most rapid in 2021 when imports increased by 3.3% against the previous year.
In value terms, lubricating oil additive imports fell rapidly to $16M in 2022. Overall, imports showed a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 8.5%.
| Import of Lubricating Oil Additive in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 60.6 | 50.3 | 54.5 | 11.1 | -43.2% |
| China | 8.1 | 7.6 | 7.5 | 1.6 | -41.8% |
| South Korea | 4.6 | 4.2 | 5.1 | 1.1 | -37.9% |
| United States | 8.7 | 7.0 | 8.0 | 0.5 | -61.4% |
| France | 3.4 | 1.4 | 1.3 | 0.4 | -51.0% |
| Japan | 2.0 | 1.8 | 2.0 | 0.3 | -46.9% |
| Others | 5.7 | 5.6 | 6.2 | 1.2 | -40.5% |
| Total | 93.0 | 78.0 | 84.6 | 16.2 | -44.2% |
Top Suppliers of Lubricating Oil Additive to Vietnam in 2022:
- Singapore (3018.2 tons)
- China (546.2 tons)
- South Korea (271.5 tons)
- United States (131.6 tons)
- France (125.7 tons)
- Japan (47.3 tons)
Lubricating Oil Additive Exports in Vietnam
Lubricating oil additive exports from Vietnam fell notably to 54 tons in 2022, with a decrease of -41.9% compared with 2021 figures. Overall, exports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year.
In value terms, lubricating oil additive exports declined markedly to $239K in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
| Export of Lubricating Oil Additive in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 164 | 69.8 | 112 | 81.7 | -20.7% |
| Japan | 64.8 | 44.9 | 52.0 | 38.8 | -15.7% |
| Singapore | 111 | 39.3 | 22.6 | 30.3 | -35.1% |
| United States | 51.6 | 35.3 | 35.8 | 29.0 | -17.5% |
| Thailand | 11.3 | 33.3 | 30.4 | 22.3 | 25.4% |
| Australia | 4.4 | 16.3 | 46.6 | 19.9 | 65.4% |
| Malaysia | 9.7 | 17.5 | 14.0 | 9.5 | -0.7% |
| Nigeria | N/A | 37.3 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 14.1 | N/A | 0% |
| Mauritius | 9.6 | N/A | 3.6 | N/A | -38.8% |
| Others | 16.0 | 15.1 | 38.8 | 8.0 | -20.6% |
| Total | 443 | 309 | 370 | 239 | -18.6% |
Top Export Markets for Lubricating Oil Additive from Vietnam in 2022:
- Taiwan (Chinese) (18.5 tons)
- Japan (8.5 tons)
- Singapore (7.3 tons)
- United States (6.0 tons)
- Thailand (5.1 tons)
- Australia (4.9 tons)
- Malaysia (1.8 tons)
This report provides an in-depth analysis of the lubricating oil additive market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
375
This report provides an in-depth analysis of the lubricating oil additive market in Vietnam.
616
This report provides an in-depth analysis of the lubricant additives market in Vietnam.
288
This report provides an in-depth analysis of the anti-knock preparations market in Vietnam.
822
This report provides an in-depth analysis of the global lubricating oil additive market.
1994
This report provides an in-depth analysis of the global lubricant additives market.
427
This report provides an in-depth analysis of the global anti-knock preparations market.
375
This report provides an in-depth analysis of the lubricating oil additive market in Vietnam.
616
This report provides an in-depth analysis of the lubricant additives market in Vietnam.
288
This report provides an in-depth analysis of the anti-knock preparations market in Vietnam.
822
This report provides an in-depth analysis of the global lubricating oil additive market.
104
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.
267
Explore the top import markets for lubricant additives and their key statistics and figures. Find out the leading countries, import values, and potential growth opportunities.
726
In value terms, preparations and charges for fire extinguishers imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; th...
1091
In value terms, preparations and charges for fire extinguishers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ...
929
Global lubricant additives imports totaled X tons in 2016, stabilizing at the previous year level. In general, lubricant additives imports continue to indicate a relatively flat trend pattern. Th...
1206
Global lubricant additives imports totaled X tons in 2016, stabilizing at the previous year level. In general, lubricant additives imports continue to indicate a relatively flat trend pattern. Th...
1182
The U.S. continued its dominance in the global trade of prepared additives for mineral oils. In 2014, the U.S. exported X thousand tons of prepared additives for mineral oils totaling X million USD, X% under the previous year. Its primary tradi
104
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.
267
Explore the top import markets for lubricant additives and their key statistics and figures. Find out the leading countries, import values, and potential growth opportunities.
726
In value terms, preparations and charges for fire extinguishers imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; th...
