Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco - 2023
Contents:
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco (CIF) - 2023
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco (FOB) - 2022
- Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco
- Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco (CIF) - 2023
The average import price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses stood at $5,128 per ton in June 2023, rising by 7.9% against the previous month. Over the period under review, the import price enjoyed pronounced growth. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 39% m-o-m. The import price peaked at $6,836 per ton in February 2023; however, from March 2023 to June 2023, 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 the United States ($9,607 per ton), while the price for Tunisia ($3,202 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 France (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco (FOB) - 2022
In 2022, the average export price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses amounted to $3,850 per ton, jumping by 31% against the previous year. Overall, the export price, however, saw a abrupt descent. The growth pace was the most rapid in 2021 when the average export price increased by 43%. The export price peaked at $7,343 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -3.4% per year.
Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco
In 2022, imports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses into Morocco reduced to 9.1K tons, falling by -6.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of 9.7K tons, and then dropped in the following year.
In value terms, imports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses surged to $32M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 15.2 | 14.7 | 16.2 | 18.1 | 6.0% |
| Italy | 3.1 | 2.6 | 3.9 | 7.1 | 31.8% |
| Belgium | 5.6 | 4.3 | 4.9 | 4.7 | -5.7% |
| Germany | 0.8 | 0.6 | 0.6 | 0.8 | 0.0% |
| United States | 0.8 | 1.1 | 0.9 | 0.7 | -4.4% |
| Tunisia | N/A | 0.1 | N/A | 0.6 | 144.9% |
| Others | 0.7 | 1.0 | 0.8 | 0.3 | -24.6% |
| Total | 26.2 | 24.4 | 27.3 | 32.4 | 7.3% |
Top Suppliers of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals to Morocco in 2022:
- France (5.5K tons)
- Italy (1.7K tons)
- Belgium (1.3K tons)
- Tunisia (0.2K tons)
- United States (0.1K tons)
- Germany (0.1K tons)
Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco
In 2022, shipments abroad of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses decreased by -2.5% to 9.2 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +12.2% over the period 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 2020 when exports increased by 49%. As a result, the exports attained the peak of 9.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses soared to $36K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 35.5 | 0% |
| Botswana | N/A | 0.9 | N/A | N/A | 0% |
| Senegal | 23.0 | 18.9 | 27.0 | N/A | 8.3% |
| Others | 1.9 | N/A | 0.7 | N/A | -39.3% |
| Total | 24.9 | 19.9 | 27.7 | 35.5 | 12.5% |
Top Export Markets for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals from Morocco in 2022:
- France (9.2 tons)
249
This report provides an in-depth analysis of the lubricating oil additive market in Morocco.
366
This report provides an in-depth analysis of the lubricant additives market in Morocco.
217
This report provides an in-depth analysis of the anti-knock preparations market in Morocco.
886
This report provides an in-depth analysis of the global lubricating oil additive market.
2064
This report provides an in-depth analysis of the global lubricant additives market.
470
This report provides an in-depth analysis of the global anti-knock preparations market.
249
This report provides an in-depth analysis of the lubricating oil additive market in Morocco.
366
This report provides an in-depth analysis of the lubricant additives market in Morocco.
217
This report provides an in-depth analysis of the anti-knock preparations market in Morocco.
886
This report provides an in-depth analysis of the global lubricating oil additive market.
128
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.
296
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.
740
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...
1116
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 ...
986
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...
1235
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...
1212
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
128
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.
296
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.
740
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...
