Price for Lubricating Preparations Not for the Treatment of Materials in Croatia - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Croatia (CIF) - 2023
- Price for Lubricating Preparations Not for the Treatment of Materials in Croatia (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Croatia
- Exports of Lubricating Preparations Not for the Treatment of Materials in Croatia
Price for Lubricating Preparations Not for the Treatment of Materials in Croatia (CIF) - 2023
The average import price for lubricating preparations not for the treatment of materials stood at $6,085 per ton in September 2023, surging by 4.4% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 17% month-to-month. The import price peaked at $6,203 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($9,527 per ton), while the price for Serbia ($1,753 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.6%), 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 Croatia (FOB) - 2022
The average export price for lubricating preparations not for the treatment of materials stood at $5,706 per ton in 2022, remaining constant against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 12%. Over the period under review, the average export prices attained the peak figure at $6,533 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($9,860 per ton), while the average price for exports to Kosovo ($3,690 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 Greece (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lubricating Preparations Not for the Treatment of Materials in Croatia
In 2022, approx. 10K tons of lubricating preparations not for the treatment of materials were imported into Croatia; with an increase of 4.9% on the previous year's figure. The total import volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of lubricating preparations not for treatment of materials reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of lubricating preparations not for the treatment of materials amounted to $52M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Lubricating Preparations Not for the Treatment of Materials in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 10.3 | 11.0 | 16.3 | 17.0 | 18.2% |
| Germany | 9.6 | 10.0 | 12.9 | 12.7 | 9.8% |
| Italy | 5.0 | 5.8 | 5.8 | 6.4 | 8.6% |
| United Kingdom | 1.6 | 1.9 | 3.9 | 4.4 | 40.1% |
| Belgium | 1.9 | 1.7 | 1.9 | 2.4 | 8.1% |
| Netherlands | 0.9 | 0.5 | 0.8 | 1.6 | 21.1% |
| France | 0.9 | 1.0 | 0.7 | 1.4 | 15.9% |
| Poland | 0.7 | 0.8 | 1.3 | 1.3 | 22.9% |
| Austria | 1.2 | 0.9 | 1.3 | 1.1 | -2.9% |
| Serbia | 0.5 | 0.3 | 0.3 | 0.5 | 0.0% |
| Others | 1.7 | 2.4 | 3.1 | 3.2 | 23.5% |
| Total | 34.3 | 36.4 | 48.6 | 51.9 | 14.8% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Croatia in 2022:
- Slovenia (3371.6 tons)
- Germany (2379.5 tons)
- Italy (1309.1 tons)
- United Kingdom (898.8 tons)
- Belgium (463.3 tons)
- Netherlands (391.6 tons)
- Poland (352.4 tons)
- Serbia (339.9 tons)
- France (242.6 tons)
- Austria (194.5 tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Croatia
In 2022, approx. 2.4K tons of lubricating preparations not for the treatment of materials were exported from Croatia; increasing by 14% on the previous year. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of lubricating preparations not for the treatment of materials reached $14M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 29%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Lubricating Preparations Not for the Treatment of Materials in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 3.6 | 4.9 | 6.0 | 5.7 | 16.6% |
| Serbia | 1.7 | 1.3 | 2.7 | 3.3 | 24.7% |
| Bosnia and Herzegovina | 1.2 | 1.3 | 1.9 | 2.3 | 24.2% |
| Germany | 1.0 | 1.1 | 0.5 | 0.6 | -15.7% |
| Hungary | N/A | N/A | N/A | 0.5 | 0% |
| Greece | N/A | N/A | N/A | 0.3 | 0% |
| Kosovo | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | 0.8 | 0.7 | 1.1 | 0.9 | 4.0% |
| Total | 8.2 | 9.5 | 12.3 | 13.8 | 18.9% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Croatia in 2022:
- Slovenia (1018.7 tons)
- Serbia (548.1 tons)
- Bosnia and Herzegovina (494.4 tons)
- Germany (84.3 tons)
- Kosovo (65.0 tons)
- Hungary (50.1 tons)
- Greece (39.8 tons)
315
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Croatia.
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This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
315
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Croatia.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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