Price for Lubricating Preparations Not for the Treatment of Materials in Argentina - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Argentina (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Argentina (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Argentina
- Exports of Lubricating Preparations Not for the Treatment of Materials in Argentina
Price for Lubricating Preparations Not for the Treatment of Materials in Argentina (CIF) - 2022
In 2022, the average import price for lubricating preparations not for the treatment of materials amounted to $5,943 per ton, surging by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 54%. As a result, import price attained the peak level of $6,739 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,131 per ton), while the price for Italy ($3,445 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lubricating Preparations Not for the Treatment of Materials in Argentina (FOB) - 2022
In 2022, the average export price for lubricating preparations not for the treatment of materials amounted to $3,345 per ton, declining by -5.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 16% against the previous year. As a result, the export price reached the peak level of $3,543 per ton, and then shrank in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($8,548 per ton), while the average price for exports to Bolivia ($2,628 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 Ecuador (+8.0%), 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 Argentina
In 2022, imports of lubricating preparations not for the treatment of materials into Argentina rose slightly to 18K tons, surging by 1.9% on the previous year's figure. In general, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 23%.
In value terms, imports of lubricating preparations not for the treatment of materials skyrocketed to $108M in 2022. Over the period under review, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Lubricating Preparations Not for the Treatment of Materials in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 43.7 | 25.2 | 32.5 | 44.9 | 0.9% |
| Brazil | 12.6 | 12.2 | 14.8 | 19.8 | 16.3% |
| Germany | 13.3 | 10.9 | 18.2 | 14.9 | 3.9% |
| France | 9.4 | 7.3 | 8.5 | 9.4 | 0.0% |
| Belgium | 2.5 | 2.5 | 4.0 | 3.4 | 10.8% |
| Italy | 4.5 | 3.2 | 3.0 | 2.9 | -13.6% |
| Spain | 2.4 | 2.7 | 3.6 | 2.8 | 5.3% |
| Others | 12.0 | 5.9 | 8.9 | 10.0 | -5.9% |
| Total | 101 | 69.9 | 93.4 | 108 | 2.3% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Argentina in 2022:
- United States (5.5K tons)
- Brazil (4.2K tons)
- Germany (2.7K tons)
- France (2.2K tons)
- Italy (0.8K tons)
- Belgium (0.7K tons)
- Spain (0.6K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Argentina
In 2022, approx. 4.8K tons of lubricating preparations not for the treatment of materials were exported from Argentina; rising by 58% against the previous year. Overall, exports, however, showed a mild setback.
In value terms, exports of lubricating preparations not for the treatment of materials surged to $16M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern.
| Export of Lubricating Preparations Not for the Treatment of Materials in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 3.2 | 3.5 | 3.0 | 3.4 | 2.0% |
| Bolivia | 3.4 | 3.1 | 1.8 | 3.0 | -4.1% |
| Chile | 2.0 | 2.6 | 2.1 | 2.6 | 9.1% |
| Uruguay | 1.7 | 2.0 | 1.7 | 2.0 | 5.6% |
| Brazil | 1.7 | 2.1 | 1.5 | 1.3 | -8.6% |
| Colombia | 0.7 | 1.0 | 0.4 | 1.0 | 12.6% |
| Mexico | N/A | 0.6 | N/A | 0.7 | 8.0% |
| Peru | 1.4 | 1.0 | 0.1 | 0.7 | -20.6% |
| Others | 2.0 | 0.9 | 0.2 | 1.4 | -11.2% |
| Total | 16.1 | 17.0 | 10.8 | 16.1 | 0.0% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Argentina in 2022:
- Bolivia (1156.2 tons)
- Paraguay (1035.2 tons)
- Uruguay (613.3 tons)
- Chile (547.4 tons)
- Brazil (473.8 tons)
- Colombia (304.0 tons)
- Mexico (231.4 tons)
- Peru (194.2 tons)
274
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Argentina.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
274
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Argentina.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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