Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg - 2023
Contents:
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg (CIF) - 2022
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg (FOB) - 2022
- Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg
- Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg (CIF) - 2022
The average import price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses stood at $2,253 per ton in 2022, with a decrease of -41.1% against the previous year. In general, the import price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2019 an increase of 107% against the previous year. Over the period under review, average import prices attained the maximum at $3,823 per ton in 2021, and then contracted remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($7,753 per ton), while the price for Belgium ($2,031 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced a decline.
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg (FOB) - 2022
In 2022, the average export price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses amounted to $5,620 per ton, jumping by 83% against the previous year. Over the period under review, the export price, however, faced a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $50,884 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($11,111 per ton), while the average price for exports to Germany ($2,107 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 France (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg
In 2022, imports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses into Luxembourg soared to 191 tons, increasing by 155% compared with 2021. Overall, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses soared to $430K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 159 | 120 | 187 | 203 | 8.5% |
| Belgium | 50.8 | 60.7 | 72.0 | 172 | 50.2% |
| France | 21.2 | 17.0 | 24.2 | 51.4 | 34.3% |
| Others | 5.8 | 3.2 | 2.1 | 2.8 | -21.6% |
| Total | 237 | 200 | 286 | 430 | 22.0% |
Top Suppliers of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals to Luxembourg in 2022:
- Germany (99.0 tons)
- Belgium (84.9 tons)
- France (6.6 tons)
Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg
In 2022, after three years of growth, there was significant decline in overseas shipments of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses, when their volume decreased by -17.4% to 5.8 tons. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 349% against the previous year. As a result, the exports attained the peak of 7 tons, and then reduced remarkably in the following year.
In value terms, exports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses surged to $32K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 142% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 6.4 | 4.9 | 8.1 | 21.3 | 49.3% |
| Turkey | N/A | N/A | N/A | 6.8 | 0% |
| Germany | N/A | 3.4 | 13.1 | 3.4 | 0.0% |
| France | 0.2 | 0.5 | 0.2 | 1.0 | 71.0% |
| Others | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Total | 6.9 | 8.8 | 21.4 | 32.5 | 67.6% |
Top Export Markets for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals from Luxembourg in 2022:
- Turkey (2.1 tons)
- Belgium (1.9 tons)
- Germany (1.6 tons)
- France (0.1 tons)
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