Price for Lubricating Preparations Not for the Treatment of Materials in Germany - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Germany (FOB) - 2023
- Price for Lubricating Preparations Not for the Treatment of Materials in Germany (CIF) - 2023
- Exports of Lubricating Preparations Not for the Treatment of Materials in Germany
- Imports of Lubricating Preparations Not for the Treatment of Materials in Germany
Price for Lubricating Preparations Not for the Treatment of Materials in Germany (FOB) - 2023
In September 2023, the average export price for lubricating preparations not for the treatment of materials amounted to $6,754 per ton, which is down by -2.6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in April 2023 an increase of 6.2% against the previous month. The export price peaked at $6,936 per ton in August 2023, and then shrank slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($10,400 per ton), while the average price for exports to India ($3,994 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 the UK (+3.9%), 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 Germany (CIF) - 2023
The average import price for lubricating preparations not for the treatment of materials stood at $6,113 per ton in September 2023, increasing by 7.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in December 2022 an increase of 15% month-to-month. The import price peaked at $6,122 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 the United States ($9,554 per ton), while the price for France ($4,691 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 Belgium (+2.8%), 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 Germany
Exports of lubricating preparations not for the treatment of materials from Germany dropped to 759K tons in 2022, waning by -8.5% on 2021. Over the period under review, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports attained the peak of 830K tons, and then dropped in the following year.
In value terms, exports of lubricating preparations not for the treatment of materials fell to $4.3B in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, the exports attained the peak of $4.5B, and then reduced in the following year.
| Export of Lubricating Preparations Not for the Treatment of Materials in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 532 | 566 | 688 | 582 | 3.0% |
| United States | 183 | 167 | 215 | 247 | 10.5% |
| France | 186 | 177 | 206 | 214 | 4.8% |
| Poland | 207 | 201 | 216 | 206 | -0.2% |
| Austria | 182 | 175 | 209 | 203 | 3.7% |
| Italy | 172 | 162 | 197 | 188 | 3.0% |
| Belgium | 182 | 149 | 176 | 186 | 0.7% |
| Turkey | 100 | 104 | 143 | 170 | 19.3% |
| Czech Republic | 143 | 132 | 150 | 150 | 1.6% |
| Switzerland | 107 | 106 | 131 | 127 | 5.9% |
| United Kingdom | 136 | 106 | 119 | 124 | -3.0% |
| India | 84.6 | 68.8 | 97.4 | 110 | 9.1% |
| Hungary | 82.6 | 85.4 | 101 | 106 | 8.7% |
| Others | 1,605 | 1,535 | 1,807 | 1,735 | 2.6% |
| Total | 3,902 | 3,734 | 4,454 | 4,347 | 3.7% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Germany in 2022:
- China (111.6K tons)
- France (39.0K tons)
- Austria (37.9K tons)
- Italy (37.0K tons)
- Poland (36.3K tons)
- Turkey (33.7K tons)
- United States (31.4K tons)
- Belgium (31.0K tons)
- India (28.1K tons)
- Czech Republic (26.4K tons)
- Switzerland (19.4K tons)
- Hungary (18.9K tons)
- United Kingdom (18.8K tons)
Imports of Lubricating Preparations Not for the Treatment of Materials in Germany
In 2022, imports of lubricating preparations not for the treatment of materials into Germany amounted to 296K tons, with an increase of 3.4% compared with 2021 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year.
In value terms, imports of lubricating preparations not for the treatment of materials stood at $1.5B in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports of lubricating preparations not for treatment of materials attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Lubricating Preparations Not for the Treatment of Materials in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 291 | 292 | 342 | 343 | 5.6% |
| Belgium | 221 | 198 | 216 | 257 | 5.2% |
| Netherlands | 176 | 157 | 216 | 255 | 13.2% |
| Switzerland | 149 | 140 | 159 | 156 | 1.5% |
| Italy | 77.2 | 69.8 | 75.2 | 76.5 | -0.3% |
| United States | 99.8 | 55.1 | 67.4 | 73.9 | -9.5% |
| Spain | 62.7 | 56.4 | 62.7 | 67.7 | 2.6% |
| Austria | 46.1 | 40.3 | 43.6 | 54.0 | 5.4% |
| Sweden | 31.2 | 14.3 | 19.1 | 27.8 | -3.8% |
| Lithuania | 4.1 | 5.0 | 21.1 | 20.8 | 71.8% |
| Others | 116 | 99.9 | 135 | 125 | 2.5% |
| Total | 1,274 | 1,128 | 1,357 | 1,457 | 4.6% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Germany in 2022:
- France (86.9K tons)
- Netherlands (53.9K tons)
- Belgium (50.8K tons)
- Switzerland (25.9K tons)
- Italy (20.7K tons)
- Spain (9.8K tons)
- United States (9.5K tons)
- Lithuania (8.8K tons)
- Austria (8.7K tons)
- Sweden (5.1K tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Germany.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
318
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Germany.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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