Price for Lubricating Preparations Not for the Treatment of Materials in Romania - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Romania (CIF) - 2023
- Price for Lubricating Preparations Not for the Treatment of Materials in Romania (FOB) - 2023
- Imports of Lubricating Preparations Not for the Treatment of Materials in Romania
- Exports of Lubricating Preparations Not for the Treatment of Materials in Romania
Price for Lubricating Preparations Not for the Treatment of Materials in Romania (CIF) - 2023
The average import price for lubricating preparations not for the treatment of materials stood at $5,430 per ton in September 2023, dropping by -5.7% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in January 2023 an increase of 20% month-to-month. The import price peaked at $6,392 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($8,602 per ton), while the price for Slovenia ($1,343 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 Italy (+5.3%), 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 Romania (FOB) - 2023
In September 2023, the average export price for lubricating preparations not for the treatment of materials amounted to $5,397 per ton, increasing by 3.4% against the previous month. In general, export price indicated a noticeable expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for lubricating preparations not for the treatment of materials increased by +68.3% against July 2023 indices. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 63% against the previous month. Over the period under review, the average export prices reached the peak figure at $7,590 per ton in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($12,481 per ton), while the average price for exports to Ukraine ($3,349 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 Croatia (+11.8%), 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 Romania
In 2022, the amount of lubricating preparations not for the treatment of materials imported into Romania stood at 45K tons, increasing by 12% compared with the previous year. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. 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 rose slightly to $200M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports of lubricating preparations not for treatment of materials hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Lubricating Preparations Not for the Treatment of Materials in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 60.8 | 62.3 | 85.0 | 87.6 | 12.9% |
| Italy | 22.2 | 31.0 | 33.7 | 34.7 | 16.1% |
| Belgium | 13.0 | 14.1 | 16.2 | 18.0 | 11.5% |
| Netherlands | 8.6 | 8.5 | 10.6 | 15.4 | 21.4% |
| France | 12.0 | 8.0 | 9.6 | 9.2 | -8.5% |
| United Kingdom | 9.0 | 9.3 | 7.9 | 6.8 | -8.9% |
| Spain | 3.5 | 3.2 | 3.9 | 5.7 | 17.7% |
| Others | 19.7 | 18.6 | 24.2 | 22.5 | 4.5% |
| Total | 149 | 155 | 191 | 200 | 10.3% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Romania in 2022:
- Germany (20.8K tons)
- Italy (7.5K tons)
- Belgium (3.4K tons)
- Netherlands (3.2K tons)
- France (2.0K tons)
- Spain (1.7K tons)
- United Kingdom (1.0K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Romania
Exports of lubricating preparations not for the treatment of materials from Romania expanded markedly to 2.7K tons in 2022, growing by 13% on the year before. In general, exports, however, showed a noticeable descent.
In value terms, exports of lubricating preparations not for the treatment of materials amounted to $15M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 31%. Over the period under review, the exports of lubricating preparations not for treatment of materials hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Lubricating Preparations Not for the Treatment of Materials in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 2,820 | 3,397 | 3,844 | 4,029 | 12.6% |
| Moldova | 1,578 | 2,146 | 2,894 | 3,466 | 30.0% |
| Italy | 565 | 1,154 | 1,957 | 1,189 | 28.1% |
| Greece | 334 | 184 | 359 | 771 | 32.2% |
| Austria | 10.6 | 30.3 | 111 | 589 | 281.6% |
| Israel | 1,035 | 980 | 1,188 | 574 | -17.8% |
| Poland | 66.7 | 92.0 | 555 | 522 | 98.5% |
| Hungary | 3,864 | 939 | 801 | 513 | -49.0% |
| Serbia | 154 | 152 | 381 | 383 | 35.5% |
| Germany | 248 | 233 | 136 | 293 | 5.7% |
| Ukraine | 143 | 301 | 319 | 280 | 25.1% |
| Czech Republic | 64.6 | 12.0 | 129 | 248 | 56.6% |
| Slovenia | 64.1 | 39.9 | 3.9 | 158 | 35.1% |
| Others | 1,174 | 946 | 1,229 | 1,515 | 8.9% |
| Total | 12,121 | 10,607 | 13,907 | 14,529 | 6.2% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Romania in 2022:
- Bulgaria (833.6 tons)
- Moldova (570.2 tons)
- Italy (316.4 tons)
- Greece (147.1 tons)
- Hungary (123.3 tons)
- Poland (97.6 tons)
- Austria (74.6 tons)
- Ukraine (73.4 tons)
- Germany (61.4 tons)
- Israel (61.3 tons)
- Czech Republic (59.2 tons)
- Serbia (55.2 tons)
- Slovenia (49.3 tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Romania.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
440
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Romania.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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