Price for Lubricating Preparations Not for the Treatment of Materials in Qatar - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Qatar (CIF) - 2023
- Price for Lubricating Preparations Not for the Treatment of Materials in Qatar (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Qatar
- Exports of Lubricating Preparations Not for the Treatment of Materials in Qatar
Price for Lubricating Preparations Not for the Treatment of Materials in Qatar (CIF) - 2023
The average import price for lubricating preparations not for the treatment of materials stood at $5,756 per ton in October 2023, picking up by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in January 2023 an increase of 35% month-to-month. The import price peaked at $6,488 per ton in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($23,494 per ton), while the price for the United Arab Emirates ($2,628 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+20.4%), 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 Qatar (FOB) - 2022
In 2022, the average export price for lubricating preparations not for the treatment of materials amounted to $15,965 per ton, picking up by 96% against the previous year. Over the period under review, the export price posted prominent growth. The growth pace was the most rapid in 2021 when the average export price increased by 204% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($56,439 per ton), while the average price for exports to the United Arab Emirates ($5,897 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+40.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lubricating Preparations Not for the Treatment of Materials in Qatar
Imports of lubricating preparations not for the treatment of materials into Qatar skyrocketed to 6.1K tons in 2022, picking up by 19% against the year before. Overall, imports, however, recorded a abrupt decrease.
In value terms, imports of lubricating preparations not for the treatment of materials soared to $32M in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
| Import of Lubricating Preparations Not for the Treatment of Materials in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.6 | 9.7 | 10.2 | 11.3 | -6.0% |
| France | 7.7 | 6.6 | 4.7 | 7.5 | -0.9% |
| Italy | 0.6 | 0.3 | 0.7 | 2.2 | 54.2% |
| India | 1.7 | 0.5 | 1.0 | 2.1 | 7.3% |
| Belgium | 2.8 | 0.9 | 2.6 | 2.0 | -10.6% |
| Germany | 4.9 | 1.1 | 1.4 | 1.6 | -31.1% |
| United Kingdom | 4.0 | 2.1 | 3.1 | 1.4 | -29.5% |
| Singapore | 0.2 | 0.5 | 1.5 | 0.7 | 51.8% |
| Turkey | N/A | N/A | N/A | 0.4 | 0% |
| Brazil | N/A | 1.0 | 0.2 | N/A | -80.0% |
| Others | 4.7 | 1.8 | 2.4 | 2.9 | -14.9% |
| Total | 40.1 | 24.7 | 27.8 | 32.2 | -7.1% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Qatar in 2022:
- France (1913.5 tons)
- United States (1085.6 tons)
- India (993.0 tons)
- Italy (853.2 tons)
- Belgium (313.2 tons)
- United Kingdom (174.8 tons)
- Singapore (161.5 tons)
- Germany (135.6 tons)
- Turkey (129.4 tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Qatar
In 2022, exports of lubricating preparations not for the treatment of materials from Qatar declined notably to 17 tons, reducing by -39.9% against the year before. Overall, exports continue to indicate a sharp shrinkage. The smallest decline of -5.7% was in 2021.
In value terms, exports of lubricating preparations not for the treatment of materials surged to $276K in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 187%. Over the period under review, the exports of lubricating preparations not for treatment of materials hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Lubricating Preparations Not for the Treatment of Materials in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Taiwan (Chinese) | N/A | N/A | 131 | 0% | |
| United Arab Emirates | N/A | N/A | 74.3 | 0% | |
| Germany | N/A | N/A | 3.7 | 0% | |
| Kuwait | 15.8 | 104 | N/A | 558.2% | |
| Malaysia | N/A | 23.3 | N/A | 0% | |
| Oman | N/A | 74.4 | N/A | 0% | |
| Australia | 65.8 | N/A | N/A | 0% | |
| Others | N/A | 32.2 | 66.7 | 107.1% | |
| Total | 81.6 | 234 | 276 | 83.9% | |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Qatar in 2022:
- United Arab Emirates (12.6 tons)
- Taiwan (Chinese) (3.0 tons)
- Germany (0.3 tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Qatar.
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This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
325
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Qatar.
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This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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