Price for Lubricating Preparations Not for the Treatment of Materials in Algeria - 2022

Contents:

1. Price for Lubricating Preparations Not for the Treatment of Materials in Algeria (CIF) - 2022
2. Price for Lubricating Preparations Not for the Treatment of Materials in Algeria (FOB) - 2022
3. Imports of Lubricating Preparations Not for the Treatment of Materials in Algeria
4. Exports of Lubricating Preparations Not for the Treatment of Materials in Algeria

Price for Lubricating Preparations Not for the Treatment of Materials in Algeria (CIF) - 2022

In 2022, the average import price for lubricating preparations not for the treatment of materials amounted to $3,686 per ton, with an increase of 4% against the previous year. Over the last decade, it increased at an average annual rate of +5.3%. The most prominent rate of growth was recorded in 2013 an increase of 39%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +10.1% per year.

Price for Lubricating Preparations Not for the Treatment of Materials in Algeria (FOB) - 2022

In 2022, the average export price for lubricating preparations not for the treatment of materials amounted to $7,462 per ton, growing by 59% against the previous year. In general, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 115% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($58,000 per ton), while the average price for exports to France ($897 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 Morocco (+211.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lubricating Preparations Not for the Treatment of Materials in Algeria

In 2022, overseas purchases of lubricating preparations not for the treatment of materials decreased by -9.6% to 32K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. As a result, imports reached the peak of 64K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of lubricating preparations not for the treatment of materials declined to $118M in 2022. Overall, imports showed a perceptible descent. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of $164M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Algeria in 2022:

1. United Arab Emirates (32.1K tons)

Exports of Lubricating Preparations Not for the Treatment of Materials in Algeria

For the third year in a row, Algeria recorded decline in overseas shipments of lubricating preparations not for the treatment of materials, which decreased by -64.9% to 2.7 tons in 2022. Over the period under review, exports saw a significant contraction. The smallest decline of -3.1% was in 2021.

In value terms, exports of lubricating preparations not for the treatment of materials fell dramatically to $20K in 2022. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 109%.

Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Algeria in 2022:

1. France (1172.0 kg)
2. Benin (1071.0 kg)
3. Angola (188.0 kg)
4. Spain (85.0 kg)