Price for Lubricating Preparations Not for the Treatment of Materials in Switzerland - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Switzerland (FOB) - 2023
- Price for Lubricating Preparations Not for the Treatment of Materials in Switzerland (CIF) - 2023
- Exports of Lubricating Preparations Not for the Treatment of Materials in Switzerland
- Imports of Lubricating Preparations Not for the Treatment of Materials in Switzerland
Price for Lubricating Preparations Not for the Treatment of Materials in Switzerland (FOB) - 2023
In November 2023, the average export price for lubricating preparations not for the treatment of materials amounted to $6,394 per ton, stabilizing at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 9.6% against the previous month. As a result, the export price reached the peak level of $6,907 per ton. From July 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was France ($8,814 per ton), while the average price for exports to India ($3,365 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lubricating Preparations Not for the Treatment of Materials in Switzerland (CIF) - 2023
In November 2023, the average import price for lubricating preparations not for the treatment of materials amounted to $7,653 per ton, declining by -3.8% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 13% against the previous month. The import price peaked at $8,485 per ton in August 2023; however, from September 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($16,469 per ton), while the price for Italy ($4,503 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lubricating Preparations Not for the Treatment of Materials in Switzerland
Exports of lubricating preparations not for the treatment of materials from Switzerland shrank to 76K tons in 2022, with a decrease of -8.9% against the year before. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of 84K tons, and then shrank in the following year.
In value terms, exports of lubricating preparations not for the treatment of materials declined slightly to $454M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 26%. As a result, the exports reached the peak of $467M, and then contracted modestly in the following year.
| Export of Lubricating Preparations Not for the Treatment of Materials in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 126 | 118 | 133 | 132 | 1.6% |
| Italy | 29.0 | 27.5 | 37.3 | 36.7 | 8.2% |
| China | 22.1 | 25.6 | 36.7 | 29.2 | 9.7% |
| France | 22.2 | 20.1 | 25.1 | 26.7 | 6.3% |
| India | 16.0 | 14.5 | 17.3 | 20.8 | 9.1% |
| Sweden | 14.2 | 15.0 | 17.3 | 18.2 | 8.6% |
| United States | 18.2 | 15.8 | 21.8 | 17.9 | -0.6% |
| Austria | 10.1 | 10.0 | 13.5 | 15.5 | 15.3% |
| Brazil | 6.1 | 5.1 | 7.5 | 11.5 | 23.5% |
| Japan | 7.1 | 7.6 | 9.7 | 10.4 | 13.6% |
| Poland | 9.6 | 7.4 | 10.3 | 9.7 | 0.3% |
| South Korea | 5.6 | 6.5 | 8.6 | 9.6 | 19.7% |
| Spain | 4.3 | 6.1 | 10.2 | 9.4 | 29.8% |
| Others | 95.3 | 93.1 | 119 | 106 | 3.6% |
| Total | 386 | 372 | 467 | 454 | 5.6% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Switzerland in 2022:
- Germany (21.7K tons)
- India (6.5K tons)
- Italy (6.4K tons)
- China (4.8K tons)
- France (3.5K tons)
- United States (3.2K tons)
- Brazil (2.9K tons)
- Austria (2.5K tons)
- Sweden (2.2K tons)
- Japan (2.1K tons)
- South Korea (1.8K tons)
- Poland (1.7K tons)
- Spain (1.4K tons)
Imports of Lubricating Preparations Not for the Treatment of Materials in Switzerland
In 2022, supplies from abroad of lubricating preparations not for the treatment of materials decreased by -2.5% to 26K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 205%. As a result, imports attained the peak of 27K tons, and then declined modestly in the following year.
In value terms, imports of lubricating preparations not for the treatment of materials shrank slightly to $182M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of $183M, leveling off in the following year.
| Import of Lubricating Preparations Not for the Treatment of Materials in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 102 | 101 | 125 | 120 | 5.6% |
| France | 9.7 | 9.5 | 13.5 | 12.4 | 8.5% |
| Belgium | 8.5 | 9.3 | 9.1 | 10.8 | 8.3% |
| Netherlands | 6.5 | 5.8 | 8.4 | 10.0 | 15.4% |
| United States | 6.6 | 5.6 | 6.7 | 8.3 | 7.9% |
| Italy | 9.8 | 5.6 | 6.8 | 7.1 | -10.2% |
| United Kingdom | 2.7 | 2.8 | 3.6 | 3.3 | 6.9% |
| Austria | 4.7 | 4.6 | 2.7 | 2.6 | -17.9% |
| Others | 6.8 | 5.7 | 7.2 | 7.3 | 2.4% |
| Total | 158 | 150 | 183 | 182 | 4.8% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Switzerland in 2022:
- Germany (17.4K tons)
- France (2.1K tons)
- Belgium (1.8K tons)
- Italy (1.5K tons)
- Netherlands (1.3K tons)
- United States (0.5K tons)
- Austria (0.4K tons)
- United Kingdom (0.3K tons)
312
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Switzerland.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
312
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Switzerland.
638
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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