Price for Lubricating Preparations Not for the Treatment of Materials in Russia - 2022
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Russia (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Russia (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Russia
- Exports of Lubricating Preparations Not for the Treatment of Materials in Russia
Price for Lubricating Preparations Not for the Treatment of Materials in Russia (CIF) - 2022
In 2022, the average import price for lubricating preparations not for the treatment of materials amounted to $3,020 per ton, declining by -30.2% against the previous year. In general, the import price saw a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 12%. Over the period under review, average import prices hit record highs at $4,570 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,769 per ton), while the price for Lithuania ($1,393 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+3.0%), 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 Russia (FOB) - 2022
In 2022, the average export price for lubricating preparations not for the treatment of materials amounted to $3,176 per ton, picking up by 13% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 38%. The export price peaked at $3,382 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($7,701 per ton), while the average price for exports to Turkey ($1,647 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 Latvia (+9.5%), 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 Russia
In 2022, imports of lubricating preparations not for the treatment of materials into Russia totaled 231K tons, with an increase of 9.1% compared with the previous year. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached 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 shrank significantly to $697M in 2022. In general, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of $916M, and then declined remarkably in the following year.
| Import of Lubricating Preparations Not for the Treatment of Materials in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 178 | 158 | 197 | 133 | -9.3% |
| Finland | 99.3 | 94.5 | 106 | 93.1 | -2.1% |
| Netherlands | 95.9 | 93.6 | 113 | 89.1 | -2.4% |
| United States | 82.3 | 63.7 | 77.8 | 72.1 | -4.3% |
| Belgium | 111 | 103 | 113 | 61.4 | -17.9% |
| Japan | 44.5 | 35.0 | 40.7 | 40.8 | -2.9% |
| France | 32.8 | 40.1 | 45.7 | 38.2 | 5.2% |
| United Kingdom | 48.8 | 35.2 | 45.5 | 33.2 | -12.0% |
| South Korea | 18.8 | 17.0 | 20.5 | 21.7 | 4.9% |
| Belarus | 31.5 | 26.0 | 25.3 | 18.9 | -15.7% |
| Lithuania | 11.7 | 11.6 | 14.4 | 18.5 | 16.5% |
| Switzerland | 20.5 | 19.3 | 22.6 | 14.3 | -11.3% |
| Italy | 22.9 | 22.7 | 30.7 | 14.0 | -15.1% |
| Others | 57.1 | 50.8 | 64.4 | 49.2 | -4.8% |
| Total | 855 | 770 | 916 | 697 | -6.6% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Russia in 2022:
- Germany (44.4K tons)
- Netherlands (42.7K tons)
- Belgium (22.5K tons)
- Finland (20.8K tons)
- Lithuania (13.3K tons)
- Japan (13.3K tons)
- France (10.6K tons)
- United States (10.6K tons)
- South Korea (9.0K tons)
- Belarus (8.5K tons)
- United Kingdom (8.4K tons)
- Italy (6.8K tons)
- Switzerland (3.9K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Russia
In 2022, the amount of lubricating preparations not for the treatment of materials exported from Russia fell dramatically to 15K tons, waning by -45.2% compared with 2021. Overall, exports faced a sharp downturn. The smallest decline of -6.5% was in 2021.
In value terms, exports of lubricating preparations not for the treatment of materials dropped notably to $48M in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. As a result, the exports attained the peak of $78M, and then dropped dramatically in the following year.
| Export of Lubricating Preparations Not for the Treatment of Materials in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 22.1 | 18.3 | 24.8 | 17.7 | -7.1% |
| Belarus | 20.1 | 16.7 | 18.3 | 11.7 | -16.5% |
| China | 6.7 | 7.1 | 5.2 | 4.5 | -12.4% |
| Kyrgyzstan | 1.1 | 0.7 | 1.0 | 3.8 | 51.2% |
| Ukraine | 3.2 | 3.2 | 6.4 | 2.6 | -6.7% |
| Uzbekistan | 0.8 | 1.2 | 1.5 | 1.3 | 17.6% |
| Turkey | 0.1 | 0.3 | 0.2 | 0.4 | 58.7% |
| Others | 14.7 | 12.5 | 20.2 | 6.1 | -25.4% |
| Total | 68.8 | 60.0 | 77.6 | 48.2 | -11.2% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Russia in 2022:
- Kazakhstan (7.3K tons)
- Belarus (3.4K tons)
- Kyrgyzstan (1.1K tons)
- Ukraine (0.8K tons)
- China (0.6K tons)
- Uzbekistan (0.5K tons)
- Turkey (0.3K tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in the Russian Federation.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
233
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in the Russian Federation.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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