Price for Lubricating Preparations Not for the Treatment of Materials in Peru - 2022
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Peru (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Peru (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Peru
- Exports of Lubricating Preparations Not for the Treatment of Materials in Peru
Price for Lubricating Preparations Not for the Treatment of Materials in Peru (CIF) - 2022
The average import price for lubricating preparations not for the treatment of materials stood at $6,064 per ton in 2022, jumping by 36% against the previous year. Over the last decade, it increased at an average annual rate of +5.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($9,285 per ton), while the price for India ($1,527 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), 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 Peru (FOB) - 2022
In 2022, the average export price for lubricating preparations not for the treatment of materials amounted to $4,658 per ton, with an increase of 23% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for lubricating preparations not for the treatment of materials increased by +24.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 52%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($13,156 per ton), while the average price for exports to the United States ($1,489 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 Argentina (+44.1%), 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 Peru
Imports of lubricating preparations not for the treatment of materials into Peru declined to 20K tons in 2022, with a decrease of -11.9% compared with 2021. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, imports attained the peak of 23K tons, and then dropped in the following year.
In value terms, imports of lubricating preparations not for the treatment of materials soared to $121M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Lubricating Preparations Not for the Treatment of Materials in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.1 | 46.7 | 62.6 | 79.3 | 20.7% |
| Germany | 5.3 | 5.0 | 7.8 | 8.7 | 18.0% |
| Chile | 9.0 | 9.9 | 10.7 | 8.2 | -3.1% |
| France | 2.1 | 2.7 | 3.1 | 3.7 | 20.8% |
| Spain | 1.4 | 1.5 | 1.4 | 3.1 | 30.3% |
| Brazil | 1.1 | 1.3 | 3.2 | 3.0 | 39.7% |
| Colombia | 0.8 | 1.8 | 1.6 | 1.8 | 31.0% |
| South Korea | 0.5 | 0.5 | 1.2 | 1.8 | 53.3% |
| Turkey | 0.1 | N/A | N/A | 1.7 | 157.1% |
| China | 0.7 | 0.9 | 2.3 | 1.7 | 34.4% |
| India | 0.1 | 0.6 | 0.8 | 0.8 | 100.0% |
| Others | 5.7 | 5.8 | 6.4 | 7.6 | 10.1% |
| Total | 71.9 | 76.7 | 101 | 121 | 18.9% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Peru in 2022:
- United States (11.2K tons)
- Chile (1.6K tons)
- Germany (1.2K tons)
- Colombia (0.8K tons)
- Spain (0.8K tons)
- Brazil (0.7K tons)
- South Korea (0.6K tons)
- India (0.5K tons)
- Turkey (0.4K tons)
- France (0.4K tons)
- China (0.4K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Peru
In 2022, shipments abroad of lubricating preparations not for the treatment of materials was finally on the rise to reach 181 tons after two years of decline. Overall, exports, however, showed a abrupt downturn.
In value terms, exports of lubricating preparations not for the treatment of materials soared to $843K in 2022. Over the period under review, exports, however, saw a abrupt descent.
| Export of Lubricating Preparations Not for the Treatment of Materials in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 38.7 | 39.3 | 35.4 | 272 | 91.6% |
| Ecuador | 242 | 98.8 | 97.0 | 166 | -11.8% |
| Uruguay | N/A | N/A | 5.6 | 128 | 2185.7% |
| Chile | 45.7 | 258 | 81.9 | 79.7 | 20.4% |
| Bolivia | 185 | 98.3 | 113 | 64.9 | -29.5% |
| Guatemala | N/A | N/A | N/A | 25.1 | 0% |
| Nicaragua | N/A | N/A | 6.6 | 20.7 | 213.6% |
| Free Zones | 206 | 125 | 33.4 | 5.4 | -70.3% |
| United States | 107 | 91.1 | 18.0 | 0.1 | -90.2% |
| Others | 168 | 74.4 | 75.6 | 81.7 | -21.4% |
| Total | 993 | 785 | 466 | 843 | -5.3% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Peru in 2022:
- Colombia (51.4 tons)
- Uruguay (45.6 tons)
- Ecuador (31.8 tons)
- Chile (16.4 tons)
- Guatemala (10.0 tons)
- Nicaragua (8.5 tons)
- Bolivia (4.9 tons)
- Free Zones (0.6 tons)
293
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Peru.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
293
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Peru.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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