Report Update: Apr 12, 2024

Netherlands - Petroleum Lubricating Oil And Grease - Market Analysis, Forecast, Size, Trends and Insights

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Price for Petroleum Lubricating Oil and Grease in the Netherlands - 2023

Price for Petroleum Lubricating Oil and Grease in the Netherlands (FOB) - 2023

In July 2023, the average export price for petroleum lubricating oil and grease amounted to $5,017 per ton, approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +3.0%. The growth pace was the most rapid in August 2022 an increase of 19% month-to-month. Over the period under review, the average export prices attained the maximum at $5,170 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($6,858 per ton), while the average price for exports to Taiwan (Chinese) ($3,778 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Petroleum Lubricating Oil and Grease in the Netherlands (CIF) - 2023

In July 2023, the average import price for petroleum lubricating oil and grease amounted to $5,931 per ton, picking up by 11% against the previous month. Over the period under review, the import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in April 2023 when the average import price increased by 51% month-to-month. The import price peaked in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($8,908 per ton), while the price for Italy ($3,726 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Petroleum Lubricating Oil and Grease in the Netherlands

In 2022, the amount of petroleum lubricating oil and grease exported from the Netherlands dropped modestly to 70K tons, standing approx. at 2021. In general, exports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 7.5% against the previous year.

In value terms, petroleum lubricating oil and grease exports declined to $252M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $255M, and then fell modestly in the following year.

Export of Petroleum Lubricating Oil and Grease in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	50.3	41.0	44.8	54.7	2.8%
Belgium	23.6	18.0	18.9	30.8	9.3%
France	29.6	20.0	20.5	24.1	-6.6%
Italy	11.1	11.4	13.0	13.3	6.2%
Poland	12.1	9.3	19.8	12.8	1.9%
Sweden	7.1	7.7	11.0	12.4	20.4%
United Kingdom	6.9	7.6	10.2	10.4	14.7%
Czech Republic	4.6	4.3	5.4	8.6	23.2%
Turkey	4.6	5.1	7.2	7.1	15.6%
Slovakia	4.6	4.7	5.8	5.5	6.1%
Spain	3.4	3.3	3.7	4.7	11.4%
Russia	21.4	23.1	27.5	4.0	-42.8%
Austria	3.2	2.5	3.4	3.6	4.0%
Others	65.4	49.8	63.5	59.8	-2.9%
Total	248	208	255	252	0.5%

Top Export Markets for Petroleum Lubricating Oil and Grease from the Netherlands in 2022:

Germany (12.3K tons)
Belgium (8.8K tons)
France (6.8K tons)
Italy (4.4K tons)
Poland (4.1K tons)
Sweden (3.9K tons)
United Kingdom (2.5K tons)
Turkey (2.3K tons)
Czech Republic (2.3K tons)
Slovakia (2.1K tons)
Spain (1.7K tons)
Austria (1.3K tons)
Russia (1.3K tons)

Imports of Petroleum Lubricating Oil and Grease in the Netherlands

For the fourth consecutive year, the Netherlands recorded growth in overseas purchases of petroleum lubricating oil and grease, which increased by 24% to 45K tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, petroleum lubricating oil and grease imports rose modestly to $148M in 2022. The total import value increased at an average annual rate of +10.7% 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 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Petroleum Lubricating Oil and Grease in the Netherlands (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	40.9	47.5	68.6	64.3	16.3%
Germany	16.5	18.2	25.3	22.8	11.4%
France	16.6	9.9	11.7	19.3	5.2%
United States	8.8	13.0	15.1	13.0	13.9%
Italy	4.4	5.6	2.4	6.1	11.5%
Spain	2.1	2.4	4.6	5.3	36.2%
United Kingdom	5.1	5.8	4.4	4.2	-6.3%
Japan	8.7	4.6	2.2	0.3	-67.5%
Others	5.6	8.0	10.9	12.4	30.3%
Total	109	115	145	148	10.7%

Top Suppliers of Petroleum Lubricating Oil and Grease to the Netherlands in 2022:

Japan (undefinedK tons)
Belgium (25.0K tons)
France (5.9K tons)
Germany (5.8K tons)
Spain (1.9K tons)
United States (1.8K tons)
Italy (1.7K tons)
United Kingdom (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20594155 - Lubricating preparations containing as basic constituents < .70% by weight of petroleum oils or of oils obtained from bituminous minerals for textiles, leather, hides, furskins and other materials
Prodcom 20594157 - Lubricating preparations obtained from petroleum or bituminous minerals, excluding the ones used for the treatment of textiles, leather, hides, furskins and other materials

Country coverage:

Netherlands

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Netherlands
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023