Price for Lubricating Preparations Not for the Treatment of Materials in Israel - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Israel (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Israel (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Israel
- Exports of Lubricating Preparations Not for the Treatment of Materials in Israel
Price for Lubricating Preparations Not for the Treatment of Materials in Israel (CIF) - 2022
The average import price for lubricating preparations not for the treatment of materials stood at $5,916 per ton in 2022, picking up by 9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($7,020 per ton) and the United States ($6,127 per ton), while the price for Germany ($5,190 per ton) and France ($5,375 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.3%), 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 Israel (FOB) - 2022
The average export price for lubricating preparations not for the treatment of materials stood at $6,815 per ton in 2022, with an increase of 9.8% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 20%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Austria ($7,233 per ton) and the United States ($7,233 per ton), while the average price for exports to India ($5,049 per ton) and Turkey ($5,325 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+13.3%), 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 Israel
Imports of lubricating preparations not for the treatment of materials into Israel soared to 15K tons in 2022, growing by 28% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. 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 $89M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% 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 Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 21.1 | 0% |
| Germany | 12.4 | 12.1 | 12.0 | 13.6 | 3.1% |
| United Kingdom | 4.3 | 4.6 | 5.5 | 9.3 | 29.3% |
| United States | 14.3 | 8.6 | 10.7 | 9.0 | -14.3% |
| Belgium | 10.1 | 6.3 | 4.9 | 8.1 | -7.1% |
| France | 6.0 | 6.7 | 8.4 | 6.7 | 3.7% |
| Netherlands | 3.6 | 4.6 | 3.6 | 3.5 | -0.9% |
| Switzerland | 3.0 | 2.8 | 2.9 | 3.2 | 2.2% |
| Turkey | 0.5 | 1.1 | 1.3 | 1.8 | 53.3% |
| Italy | 2.0 | 1.8 | 2.8 | 1.6 | -7.2% |
| Spain | 0.8 | 1.4 | 1.4 | 1.4 | 20.5% |
| Latvia | 0.3 | N/A | 1.2 | 1.3 | 63.0% |
| South Korea | 4.2 | 0.5 | 0.2 | 0.2 | -63.8% |
| Others | 8.2 | 7.4 | 8.7 | 7.9 | -1.2% |
| Total | 69.7 | 57.7 | 63.5 | 88.7 | 8.4% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Israel in 2022:
- United Arab Emirates (3.0K tons)
- Germany (2.6K tons)
- United Kingdom (1.6K tons)
- United States (1.5K tons)
- Belgium (1.5K tons)
- France (1.2K tons)
- Netherlands (0.6K tons)
- Switzerland (0.5K tons)
- Turkey (0.3K tons)
- Italy (0.3K tons)
- Spain (0.3K tons)
- Latvia (0.2K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Israel
In 2022, the amount of lubricating preparations not for the treatment of materials exported from Israel skyrocketed to 1.2K tons, picking up by 16% compared with 2021 figures. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of lubricating preparations not for the treatment of materials skyrocketed to $8.2M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lubricating Preparations Not for the Treatment of Materials in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 44.0 | 226 | 1,085 | 5,018 | 384.9% |
| Cameroon | 632 | 706 | 1,070 | 1,132 | 21.4% |
| Turkey | 454 | 354 | 530 | 730 | 17.2% |
| India | 41.0 | 31.0 | 184 | 423 | 117.7% |
| China | 658 | 586 | 202 | 246 | -28.0% |
| Ghana | 1,356 | 3.0 | 2.0 | 2.0 | -88.6% |
| Hong Kong SAR | 2,434 | 2,430 | 2,429 | 2.0 | -90.6% |
| South Korea | N/A | 404 | 358 | N/A | -11.4% |
| Others | 274 | 612 | 537 | 601 | 29.9% |
| Total | 5,893 | 5,351 | 6,395 | 8,154 | 11.4% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Israel in 2022:
- United States (693.8 tons)
- Cameroon (156.5 tons)
- Turkey (137.1 tons)
- India (83.8 tons)
- China (34.0 tons)
- Ghana (0.3 tons)
- Hong Kong SAR (0.3 tons)
483
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Israel.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
483
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Israel.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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