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

Contents:

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

Price for Lubricating Preparations Not for the Treatment of Materials in France (FOB) - 2023

The average export price for lubricating preparations not for the treatment of materials stood at $5,214 per ton in September 2023, dropping by -3.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 12% m-o-m. Over the period under review, the average export prices reached the peak figure at $5,437 per ton in July 2023; however, from August 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 Algeria ($7,664 per ton), while the average price for exports to Brazil ($3,816 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 Turkey (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for lubricating preparations not for the treatment of materials stood at $6,201 per ton in September 2023, with an increase of 12% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 27% m-o-m. Over the period under review, average import prices attained the maximum at $6,237 per ton in May 2023; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($9,182 per ton), while the price for Italy ($4,110 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 Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of lubricating preparations not for the treatment of materials from France declined rapidly to 413K tons, reducing by -15.9% against the previous year. Overall, exports showed a noticeable decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. As a result, the exports attained the peak of 491K tons, and then shrank sharply in the following year.

In value terms, exports of lubricating preparations not for the treatment of materials declined to $1.7B in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of $1.8B, and then contracted in the following year.

Export of Lubricating Preparations Not for the Treatment of Materials in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany326298367300-2.7%
Italy1121031291150.9%
Belgium75.687.110710210.5%
Turkey55.962.981.591.918.0%
China13910399.791.2-13.1%
Spain75.585.510684.53.8%
Netherlands70.553.560.166.4-2.0%
Poland41.058.363.457.411.9%
Singapore18.020.224.847.938.6%
Brazil40.630.558.944.63.2%
United States45.542.052.343.6-1.4%
Sweden53.940.041.338.5-10.6%
United Kingdom36.133.041.238.42.1%
Others5084805825482.6%
Total1,5971,4981,8151,6691.5%

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

  1. Germany (69.9K tons)
  2. Italy (29.9K tons)
  3. Turkey (26.6K tons)
  4. Belgium (24.4K tons)
  5. China (21.0K tons)
  6. Spain (19.6K tons)
  7. Netherlands (17.0K tons)
  8. Poland (14.8K tons)
  9. Brazil (12.7K tons)
  10. United States (10.6K tons)
  11. United Kingdom (9.4K tons)
  12. Singapore (9.3K tons)
  13. Sweden (9.3K tons)

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

In 2022, imports of lubricating preparations not for the treatment of materials into France fell dramatically to 154K tons, declining by -24% against the previous year. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of 202K tons, and then shrank dramatically in the following year.

In value terms, imports of lubricating preparations not for the treatment of materials dropped to $668M in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of $728M, and then declined in the following year.

Import of Lubricating Preparations Not for the Treatment of Materials in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14617220419510.1%
Belgium1941702341950.2%
Italy75.488.813490.96.4%
Netherlands81.255.055.262.5-8.4%
Switzerland25.618.423.925.70.1%
United Kingdom31.528.722.324.5-8.0%
Spain34.318.917.822.2-13.5%
Others59.737.537.452.2-4.4%
Total6485907286681.0%

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

  1. Belgium (48.9K tons)
  2. Germany (39.7K tons)
  3. Italy (28.2K tons)
  4. Netherlands (16.8K tons)
  5. Spain (5.4K tons)
  6. United Kingdom (3.6K tons)
  7. Switzerland (3.3K tons)
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