Price for Lubricating Preparations Not for the Treatment of Materials in Slovakia - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Slovakia (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Slovakia (FOB) - 2023
- Imports of Lubricating Preparations Not for the Treatment of Materials in Slovakia
- Exports of Lubricating Preparations Not for the Treatment of Materials in Slovakia
Price for Lubricating Preparations Not for the Treatment of Materials in Slovakia (CIF) - 2022
The average import price for lubricating preparations not for the treatment of materials stood at $4,637 per ton in 2022, picking up by 6.4% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lubricating preparations not for the treatment of materials increased by +67.9% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($7,670 per ton), while the price for Spain ($2,395 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), 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 Slovakia (FOB) - 2023
In September 2023, the average export price for lubricating preparations not for the treatment of materials amounted to $6,064 per ton, surging by 30% against the previous month. In general, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 74% month-to-month. Over the period under review, the average export prices attained the maximum at $7,229 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($17,498 per ton), while the average price for exports to Belgium ($1,262 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 Slovenia (+3.6%), while the prices for the other major destinations experienced a decline.
Imports of Lubricating Preparations Not for the Treatment of Materials in Slovakia
In 2022, imports of lubricating preparations not for the treatment of materials into Slovakia reduced to 32K tons, declining by -8.1% compared with the previous year's figure. In general, imports continue to indicate a deep contraction.
In value terms, imports of lubricating preparations not for the treatment of materials fell to $148M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of $151M, and then declined modestly in the following year.
| Import of Lubricating Preparations Not for the Treatment of Materials in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 43.7 | 37.3 | 50.9 | 62.9 | 12.9% |
| Netherlands | 13.7 | 14.9 | 23.1 | 26.3 | 24.3% |
| Czech Republic | 8.9 | 17.0 | 22.0 | 23.5 | 38.2% |
| Poland | 4.9 | 21.3 | 15.9 | 8.1 | 18.2% |
| Belgium | 7.4 | 5.4 | 5.4 | 6.2 | -5.7% |
| France | 6.8 | 3.1 | 3.9 | 4.0 | -16.2% |
| Italy | 4.0 | 3.3 | 5.3 | 3.8 | -1.7% |
| Austria | 11.9 | 14.8 | 14.6 | 3.5 | -33.5% |
| Spain | 2.8 | 2.1 | 2.8 | 2.5 | -3.7% |
| United Kingdom | 9.7 | 5.9 | 1.6 | 1.6 | -45.2% |
| Others | 10.4 | 4.9 | 5.5 | 5.0 | -21.7% |
| Total | 124 | 130 | 151 | 148 | 6.1% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Slovakia in 2022:
- Germany (11.2K tons)
- Czech Republic (6.2K tons)
- Netherlands (6.0K tons)
- Poland (2.1K tons)
- Italy (1.5K tons)
- France (1.4K tons)
- Spain (1.1K tons)
- Belgium (0.8K tons)
- Austria (0.5K tons)
- United Kingdom (0.2K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Slovakia
In 2022, exports of lubricating preparations not for the treatment of materials from Slovakia contracted modestly to 3.3K tons, waning by -4.4% compared with 2021. In general, exports recorded a abrupt decrease.
In value terms, exports of lubricating preparations not for the treatment of materials surged to $17M in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lubricating Preparations Not for the Treatment of Materials in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 2.2 | 4.4 | 5.3 | 9.9 | 65.1% |
| Hungary | 3.8 | 0.8 | 1.1 | 1.3 | -30.1% |
| Austria | 2.3 | 1.2 | 1.3 | 1.3 | -17.3% |
| Romania | 0.8 | 0.8 | 0.8 | 1.1 | 11.2% |
| Poland | 2.3 | 1.8 | 1.4 | 1.0 | -24.2% |
| Germany | 0.4 | 0.5 | 0.5 | 0.9 | 31.0% |
| Ukraine | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| Russia | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Slovenia | 0.4 | 0.6 | 0.4 | 0.1 | -37.0% |
| Bosnia and Herzegovina | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Cyprus | 1.2 | N/A | N/A | N/A | 0% |
| Croatia | 0.2 | 0.3 | 0.2 | N/A | 0.0% |
| United Kingdom | 0.1 | 0.7 | N/A | N/A | 600.0% |
| Others | 1.8 | 1.5 | 1.9 | 1.3 | -10.3% |
| Total | 16.0 | 13.2 | 13.7 | 17.3 | 2.6% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Slovakia in 2022:
- Czech Republic (1809.9 tons)
- Poland (379.8 tons)
- Russia (206.9 tons)
- Romania (190.0 tons)
- Hungary (170.8 tons)
- Germany (129.9 tons)
- Austria (128.3 tons)
- Ukraine (47.5 tons)
- Bosnia and Herzegovina (43.8 tons)
- Slovenia (15.1 tons)
- United Kingdom (9.8 tons)
- Croatia (5.4 tons)
- Cyprus (0.3 tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Slovakia.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
407
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Slovakia.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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