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Argentina - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Lubricant Additives Market Overview 2021

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Lubricant Additives Market Size in Argentina

After two years of growth, the Argentinian lubricant additives market decreased by -X% to $X in 2019. Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2019, consumption remained at a lower figure.

Lubricant Additives Exports

Exports from Argentina

Lubricant additives exports from Argentina fell dramatically to X tonnes in 2019, waning by -X% against 2018 figures. Overall, exports showed a deep setback. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. From 2010 to 2019, the growth exports remained at a lower figure.

In value terms, lubricant additives exports plummeted to $X in 2019. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2010 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Uruguay (X tonnes) and Chile (X tonnes) were the main destinations of lubricant additives exports from Argentina.

From 2007 to 2019, the biggest increases were in Uruguay.

In value terms, the largest markets for lubricant additives exported from Argentina were Uruguay ($X) and Chile ($X recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2019, the average lubricant additives export price amounted to $X per tonne, stabilizing at the previous year. In general, export price indicated a measured increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, lubricant additives export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was Chile ($X per tonne), while the average price for exports to Uruguay amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Chile.

Lubricant Additives Imports

Imports into Argentina

After two years of growth, overseas purchases of prepared additives for mineral oils decreased by -X% to X tonnes in 2019. Overall, imports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, lubricant additives imports shrank dramatically to $X in 2019. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

The U.S. (X tonnes), Germany (X tonnes) and Brazil (X tonnes) were the main suppliers of lubricant additives imports to Argentina, together accounting for X% of total imports. Belgium, Italy, France and the UK lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium, while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of lubricant additives to Argentina, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Brazil (-X% per year).

Import Prices by Country

In 2019, the average lubricant additives import price amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from France ($X per tonne) and Italy ($X per tonne), while the price for Germany ($X per tonne) and Belgium ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared additives for mineral oils in the world?
+
China (1.6M tonnes) remains the largest lubricant additives consuming country worldwide, accounting for 21% of total volume. Moreover, lubricant additives consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (747K tonnes), twofold. India (565K tonnes) ranked third in terms of total consumption with a 7.4% share.
What are the largest producers of prepared additives for mineral oils in the world?
+
The countries with the highest volumes of lubricant additives production in 2019 were the U.S. (1.4M tonnes), China (1.4M tonnes) and France (1M tonnes), with a combined 51% share of global production. India, Italy, Germany, Singapore, Japan, Belgium, Russia, Brazil and Mexico lagged somewhat behind, together comprising a further 39%.
What are the leading suppliers of prepared additives for mineral oils to Argentina?
+
In value terms, the U.S. ($41M) constituted the largest supplier of lubricant additives to Argentina, comprising 41% of total imports. The second position in the ranking was occupied by Germany ($20M), with a 20% share of total imports. It was followed by Brazil, with a 13% share.
What are the leading importers of prepared additives for mineral oils from Argentina?
+
In value terms, Uruguay ($88K) and Chile ($63K) were the largest markets for lubricant additives exported from Argentina worldwide.
What is the average export price for prepared additives for mineral oils in Argentina?
+
In 2019, the average lubricant additives export price amounted to $4,267 per tonne, stabilizing at the previous year.
What is the average import price for prepared additives for mineral oils in Argentina?
+
The average lubricant additives import price stood at $3,450 per tonne in 2019, leveling off at the previous year.

Product coverage:
• Prodcom 20594250 - Anti-knock preparations
• Prodcom 20594270 - Additives for lubricating oils
• Prodcom 20594290 - Additives for mineral oils or for other liquids used for the same purpose as mineral oils (including gasoline) (excluding anti-knock preparations, additives for lubricating oils)

This report provides an in-depth analysis of the lubricant additives market in Argentina. 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 2025.


Country coverage:
• Argentina

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Argentina
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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