Price for Lubricating Preparations Not for the Treatment of Materials in Austria - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Austria (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Austria (FOB) - 2023
- Imports of Lubricating Preparations Not for the Treatment of Materials in Austria
- Exports of Lubricating Preparations Not for the Treatment of Materials in Austria
Price for Lubricating Preparations Not for the Treatment of Materials in Austria (CIF) - 2022
The average import price for lubricating preparations not for the treatment of materials stood at $2,211 per ton in 2022, dropping by -34.8% against the previous year. In general, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2013 an increase of 18%. As a result, import price attained the peak level of $3,854 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($6,302 per ton), while the price for Germany ($1,832 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.1%), 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 Austria (FOB) - 2023
In September 2023, the average export price for lubricating preparations not for the treatment of materials amounted to $8,048 per ton, rising by 14% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 16% m-o-m. The export price peaked at $8,335 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($29,398 per ton), while the average price for exports to Denmark ($3,289 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+7.1%), 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 Austria
In 2022, the amount of lubricating preparations not for the treatment of materials imported into Austria surged to 151K tons, growing by 60% on 2021. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of lubricating preparations not for the treatment of materials amounted to $333M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of lubricating preparations not for treatment of materials attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Lubricating Preparations Not for the Treatment of Materials in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 161 | 168 | 223 | 224 | 11.6% |
| Netherlands | 11.6 | 9.1 | 14.2 | 21.4 | 22.6% |
| Belgium | 13.9 | 11.5 | 13.6 | 19.6 | 12.1% |
| Switzerland | 12.7 | 10.3 | 13.3 | 15.7 | 7.3% |
| France | 18.2 | 12.8 | 10.0 | 11.0 | -15.5% |
| Italy | 8.2 | 9.9 | 9.9 | 9.3 | 4.3% |
| Poland | 12.6 | 15.2 | 9.3 | 7.2 | -17.0% |
| Romania | 10.0 | 6.8 | 11.7 | 5.3 | -19.1% |
| Others | 18.3 | 15.8 | 16.0 | 19.4 | 2.0% |
| Total | 267 | 260 | 321 | 333 | 7.6% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Austria in 2022:
- Germany (122.5K tons)
- Netherlands (5.4K tons)
- Italy (4.5K tons)
- Belgium (3.1K tons)
- Poland (3.0K tons)
- France (3.0K tons)
- Switzerland (2.7K tons)
- Romania (2.4K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Austria
In 2022, approx. 30K tons of lubricating preparations not for the treatment of materials were exported from Austria; falling by -11% against the year before. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.
In value terms, exports of lubricating preparations not for the treatment of materials stood at $174M in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 15%.
| Export of Lubricating Preparations Not for the Treatment of Materials in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 52.7 | 42.8 | 48.2 | 63.5 | 6.4% |
| Hungary | 43.0 | 15.1 | 12.8 | 10.5 | -37.5% |
| Slovenia | 7.3 | 5.4 | 12.3 | 8.8 | 6.4% |
| Czech Republic | 23.0 | 8.7 | 11.1 | 8.7 | -27.7% |
| Romania | 5.7 | 5.3 | 8.7 | 8.1 | 12.4% |
| Poland | 11.6 | 5.3 | 6.6 | 6.9 | -15.9% |
| China | 5.1 | 5.7 | 7.1 | 6.1 | 6.1% |
| Turkey | 3.4 | 3.4 | 2.9 | 4.8 | 12.2% |
| Slovakia | 9.2 | 8.5 | 6.2 | 4.8 | -19.5% |
| Italy | 3.2 | 2.1 | 3.7 | 3.8 | 5.9% |
| Croatia | 2.9 | 1.9 | 3.6 | 3.6 | 7.5% |
| Lithuania | 1.1 | 0.9 | 0.9 | 2.9 | 38.1% |
| Belgium | 5.2 | 3.3 | 4.2 | 2.8 | -18.6% |
| Others | 49.6 | 38.0 | 40.2 | 38.8 | -7.9% |
| Total | 223 | 146 | 168 | 174 | -7.9% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Austria in 2022:
- Germany (11.0K tons)
- Romania (3.6K tons)
- Slovenia (2.2K tons)
- Hungary (1.9K tons)
- Czech Republic (1.4K tons)
- Poland (1.3K tons)
- Croatia (0.9K tons)
- Belgium (0.8K tons)
- Italy (0.7K tons)
- Lithuania (0.7K tons)
- Slovakia (0.6K tons)
- Turkey (0.5K tons)
- China (0.5K tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Austria.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
361
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Austria.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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