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

Contents:

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

Price for Lubricating Preparations Not for the Treatment of Materials in the Netherlands (FOB) - 2023

In September 2023, the average export price for lubricating preparations not for the treatment of materials amounted to $5,511 per ton, rising by 7.1% against the previous month. Over the period under review, the export price showed slight growth. The pace of growth was the most pronounced in December 2022 when the average export price increased by 20% m-o-m. Over the period under review, the average export prices reached the peak figure in September 2023.

Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($14,448 per ton), while the average price for exports to China ($3,174 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 South Africa (+6.7%), 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 the Netherlands (CIF) - 2023

The average import price for lubricating preparations not for the treatment of materials stood at $5,434 per ton in September 2023, almost unchanged from the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 41% m-o-m. The import price peaked at $6,243 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,683 per ton), while the price for Italy ($3,802 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 Spain (+6.2%), 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 the Netherlands

Exports of lubricating preparations not for the treatment of materials from the Netherlands was estimated at 335K tons in 2022, growing by 12% on the year before. The total export volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of lubricating preparations not for the treatment of materials reached $1.3B in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Lubricating Preparations Not for the Treatment of Materials in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2282012212422.0%
Belgium1511051351755.0%
France95.781.584.591.3-1.6%
South Africa21.25.210.767.847.3%
United Kingdom52.070.145.962.16.1%
Italy47.246.155.461.29.0%
Turkey30.925.036.038.47.5%
Sweden36.935.940.538.11.1%
Spain30.022.732.837.67.8%
Poland36.827.752.636.7-0.1%
China37.435.436.729.3-7.8%
Slovakia12.011.930.525.528.6%
Kenya0.10.40.317.4458.3%
Others3292983993471.8%
Total1,1089651,1801,2704.7%

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

  1. Germany (52.8K tons)
  2. Belgium (42.1K tons)
  3. South Africa (33.1K tons)
  4. France (28.6K tons)
  5. Italy (18.5K tons)
  6. Poland (11.1K tons)
  7. Sweden (10.7K tons)
  8. Turkey (10.5K tons)
  9. United Kingdom (10.3K tons)
  10. Spain (9.2K tons)
  11. Slovakia (8.1K tons)
  12. China (7.6K tons)
  13. Kenya (7.1K tons)

Imports of Lubricating Preparations Not for the Treatment of Materials in the Netherlands

In 2022, the amount of lubricating preparations not for the treatment of materials imported into the Netherlands expanded rapidly to 158K tons, growing by 9.7% on the previous year's figure. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of lubricating preparations not for the treatment of materials shrank to $606M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of $628M, and then reduced slightly in the following year.

Import of Lubricating Preparations Not for the Treatment of Materials in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1701562302056.4%
United States145120125124-5.1%
France64.447.459.780.47.7%
Germany67.385.910779.95.9%
Japan23.725.418.220.6-4.6%
Spain11.89.524.119.017.2%
Italy10.813.29.617.517.5%
United Kingdom17.822.615.013.8-8.1%
Others26.530.439.746.020.2%
Total5385106286064.0%

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

  1. Belgium (49.8K tons)
  2. Germany (34.4K tons)
  3. France (21.8K tons)
  4. United States (16.9K tons)
  5. Spain (15.9K tons)
  6. Italy (7.1K tons)
  7. Japan (3.5K tons)
  8. United Kingdom (1.6K tons)
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