Price for Lubricating Preparations Not for the Treatment of Materials in the Czech Republic - 2023

Contents:

  1. Price for Lubricating Preparations Not for the Treatment of Materials in the Czech Republic (CIF) - 2023
  2. Price for Lubricating Preparations Not for the Treatment of Materials in the Czech Republic (FOB) - 2023
  3. Imports of Lubricating Preparations Not for the Treatment of Materials in the Czech Republic
  4. Exports of Lubricating Preparations Not for the Treatment of Materials in the Czech Republic

Price for Lubricating Preparations Not for the Treatment of Materials in the Czech Republic (CIF) - 2023

In September 2023, the average import price for lubricating preparations not for the treatment of materials amounted to $5,956 per ton, falling by -3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in April 2023 when the average import price increased by 26% against the previous month. As a result, import price attained the peak level of $6,206 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($9,557 per ton), while the price for Spain ($3,018 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 France (+5.5%), 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 the Czech Republic (FOB) - 2023

In September 2023, the average export price for lubricating preparations not for the treatment of materials amounted to $7,042 per ton, remaining stable against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in April 2023 an increase of 34% against the previous month. As a result, the export price reached the peak level of $7,970 per ton. From May 2023 to September 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($12,230 per ton), while the average price for exports to Slovakia ($5,344 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 Poland (+5.3%), 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 the Czech Republic

In 2022, the amount of lubricating preparations not for the treatment of materials imported into the Czech Republic amounted to 67K tons, growing by 14% compared with 2021. In general, imports, however, showed a abrupt decline.

In value terms, imports of lubricating preparations not for the treatment of materials fell modestly to $323M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $327M, and then declined modestly in the following year.

Import of Lubricating Preparations Not for the Treatment of Materials in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13014417217410.2%
Netherlands20.323.229.125.68.0%
France12.99.414.819.214.2%
United Kingdom16.613.620.216.90.6%
Poland12.023.819.916.711.6%
Belgium10.412.815.915.614.5%
Italy7.57.712.69.89.3%
Others58.737.643.345.8-7.9%
Total2682723273236.4%

Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to the Czech Republic in 2022:

  1. Germany (33.4K tons)
  2. Netherlands (5.7K tons)
  3. Belgium (4.1K tons)
  4. Poland (3.9K tons)
  5. France (3.8K tons)
  6. Italy (3.7K tons)
  7. United Kingdom (3.2K tons)

Exports of Lubricating Preparations Not for the Treatment of Materials in the Czech Republic

In 2022, overseas shipments of lubricating preparations not for the treatment of materials decreased by -1.2% to 18K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 14%.

In value terms, exports of lubricating preparations not for the treatment of materials reduced to $95M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, the exports reached the peak of $112M, and then contracted in the following year.

Export of Lubricating Preparations Not for the Treatment of Materials in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia19.422.633.533.319.7%
Germany19.626.121.911.4-16.5%
Poland8.78.211.19.32.2%
Hungary5.03.88.28.418.9%
Romania3.23.25.06.828.6%
Italy4.03.65.95.29.1%
Austria3.24.24.13.96.8%
Spain1.21.42.32.527.7%
Others13.813.320.014.31.2%
Total78.186.411295.26.8%

Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from the Czech Republic in 2022:

  1. Slovakia (6.8K tons)
  2. Germany (2.2K tons)
  3. Hungary (2.1K tons)
  4. Poland (1.7K tons)
  5. Romania (1.4K tons)
  6. Italy (0.7K tons)
  7. Austria (0.6K tons)
  8. Spain (0.5K tons)
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