Price for Lubricating Preparations Not for the Treatment of Materials in Bolivia - 2023

Contents:

  1. Price for Lubricating Preparations Not for the Treatment of Materials in Bolivia (CIF) - 2023
  2. Price for Lubricating Preparations Not for the Treatment of Materials in Bolivia (FOB) - 2022
  3. Imports of Lubricating Preparations Not for the Treatment of Materials in Bolivia
  4. Exports of Lubricating Preparations Not for the Treatment of Materials in Bolivia

Price for Lubricating Preparations Not for the Treatment of Materials in Bolivia (CIF) - 2023

The average import price for lubricating preparations not for the treatment of materials stood at $6,741 per ton in October 2023, picking up by 4.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 19% against the previous month. The import price peaked in October 2023.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from Argentina ($7,534 per ton) and Brazil ($7,395 per ton), while the price for Spain ($6,000 per ton) and Mexico ($6,009 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), 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 Bolivia (FOB) - 2022

The average export price for lubricating preparations not for the treatment of materials stood at $11,942 per ton in 2022, picking up by 136% against the previous year. In general, the export price saw a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($81,914 per ton), while the average price for exports to Peru ($8,713 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+75.4%), 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 Bolivia

In 2022, imports of lubricating preparations not for the treatment of materials into Bolivia rose sharply to 5.3K tons, growing by 14% compared with 2021 figures. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 surged to $24M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +64.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lubricating Preparations Not for the Treatment of Materials in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.85.96.37.38.0%
Spain1.51.22.24.038.7%
France1.61.22.03.934.6%
Argentina3.53.34.13.3-1.9%
Germany0.80.80.81.420.5%
Mexico0.90.30.41.16.9%
Brazil0.80.70.70.80.0%
Others1.00.80.81.719.3%
Total16.014.317.323.613.8%

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

  1. United States (1273.4 tons)
  2. Argentina (1208.1 tons)
  3. Spain (773.0 tons)
  4. France (739.8 tons)
  5. Mexico (539.4 tons)
  6. Germany (204.5 tons)
  7. Brazil (178.0 tons)

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

In 2022, shipments abroad of lubricating preparations not for the treatment of materials decreased by -76.6% to 868 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 2,698% against the previous year. As a result, the exports reached the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of lubricating preparations not for the treatment of materials declined dramatically to $10K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 3,544%. As a result, the exports attained the peak of $102K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Lubricating Preparations Not for the Treatment of Materials in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/A0.3N/A6.9379.6%
Trinidad and TobagoN/AN/AN/A2.90%
Colombia0.16.211.90.571.0%
United StatesN/A1.20.2N/A-83.3%
Chile2.794.8N/AN/A3411.1%
AngolaN/AN/A6.2N/A0%
Others0.1N/A0.40.10.0%
Total2.810218.810.454.9%

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

  1. Peru (790.0 kg)
  2. Colombia (40.0 kg)
  3. Trinidad and Tobago (35.0 kg)
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