Price for Lubricating Preparations Not for the Treatment of Materials in Sweden - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Sweden (CIF) - 2023
- Price for Lubricating Preparations Not for the Treatment of Materials in Sweden (FOB) - 2023
- Imports of Lubricating Preparations Not for the Treatment of Materials in Sweden
- Exports of Lubricating Preparations Not for the Treatment of Materials in Sweden
Price for Lubricating Preparations Not for the Treatment of Materials in Sweden (CIF) - 2023
The average import price for lubricating preparations not for the treatment of materials stood at $6,205 per ton in September 2023, increasing by 2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in November 2022 an increase of 21% m-o-m. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($8,838 per ton), while the price for France ($4,394 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 the UK (+6.4%), 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 Sweden (FOB) - 2023
The average export price for lubricating preparations not for the treatment of materials stood at $7,052 per ton in September 2023, with a decrease of -12.2% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 19% against the previous month. The export price peaked at $8,691 per ton in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($10,305 per ton), while the average price for exports to the Netherlands ($1,496 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 Germany (+3.2%), 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 Sweden
In 2022, imports of lubricating preparations not for the treatment of materials into Sweden rose rapidly to 52K tons, picking up by 5.6% compared with 2021 figures. Overall, imports, however, continue to indicate a mild downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year.
In value terms, imports of lubricating preparations not for the treatment of materials rose rapidly to $255M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of lubricating preparations not for treatment of materials hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Lubricating Preparations Not for the Treatment of Materials in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 71.1 | 67.1 | 80.1 | 80.1 | 4.1% |
| France | 44.8 | 30.1 | 36.0 | 36.8 | -6.3% |
| Belgium | 12.3 | 9.1 | 15.8 | 29.8 | 34.3% |
| Netherlands | 27.0 | 19.3 | 33.8 | 27.9 | 1.1% |
| Switzerland | 13.3 | 14.1 | 16.9 | 17.4 | 9.4% |
| United Kingdom | 16.6 | 12.8 | 15.2 | 16.4 | -0.4% |
| Denmark | 10.9 | 11.0 | 12.5 | 13.2 | 6.6% |
| Finland | 15.2 | 13.1 | 8.1 | 9.9 | -13.3% |
| Others | 13.4 | 11.9 | 18.8 | 23.5 | 20.6% |
| Total | 225 | 189 | 237 | 255 | 4.3% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Sweden in 2022:
- Germany (15.2K tons)
- France (9.1K tons)
- Belgium (7.6K tons)
- Netherlands (6.0K tons)
- United Kingdom (3.9K tons)
- Finland (2.3K tons)
- Switzerland (2.2K tons)
- Denmark (2.0K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Sweden
In 2022, exports of lubricating preparations not for the treatment of materials from Sweden declined to 25K tons, leveling off at the previous year. Overall, exports recorded a abrupt curtailment.
In value terms, exports of lubricating preparations not for the treatment of materials contracted modestly to $164M in 2022. Over the period under review, exports saw a noticeable decrease. The smallest decline of -1.4% was in 2021.
| Export of Lubricating Preparations Not for the Treatment of Materials in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 57.2 | 57.4 | 55.6 | 49.8 | -4.5% |
| Germany | 31.7 | 16.4 | 18.8 | 27.7 | -4.4% |
| Denmark | 25.7 | 24.3 | 20.2 | 22.4 | -4.5% |
| Finland | 21.0 | 17.7 | 19.1 | 11.4 | -18.4% |
| Netherlands | 7.4 | 8.2 | 8.5 | 6.6 | -3.7% |
| Belgium | 3.2 | 5.1 | 5.6 | 6.4 | 26.0% |
| United States | 4.2 | 4.0 | 3.6 | 6.0 | 12.6% |
| United Kingdom | 4.7 | 4.0 | 2.9 | 2.8 | -15.9% |
| Lithuania | 0.3 | 1.9 | 2.2 | 2.6 | 105.4% |
| France | 4.3 | 6.6 | 2.7 | 2.3 | -18.8% |
| Poland | 5.0 | 3.4 | 4.3 | 1.9 | -27.6% |
| Italy | 3.4 | 4.2 | 3.2 | 1.8 | -19.1% |
| Others | 21.0 | 21.1 | 25.1 | 21.8 | 1.3% |
| Total | 189 | 174 | 172 | 164 | -4.6% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Sweden in 2022:
- Norway (6.5K tons)
- Germany (5.3K tons)
- Denmark (4.1K tons)
- Finland (2.0K tons)
- Netherlands (1.1K tons)
- Belgium (1.0K tons)
- United States (0.7K tons)
- Lithuania (0.4K tons)
- Italy (0.3K tons)
- Poland (0.3K tons)
- France (0.3K tons)
- United Kingdom (0.3K tons)
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This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Sweden.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
295
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Sweden.
641
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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