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

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Lubricant Additives Market Size in Australia

In 2019, after two years of growth, there was decline in the Australian lubricant additives market, when its value decreased by -X% to $X. Overall, the total consumption indicated a buoyant expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2009 when the market value increased by X% y-o-y. Lubricant additives consumption peaked at $X in 2018, and then declined in the following year.

Lubricant Additives Production in Australia

In value terms, lubricant additives production reached $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Lubricant additives production peaked in 2019 and is likely to see gradual growth in the immediate term.

Lubricant Additives Exports

Exports from Australia

In 2019, after three years of decline, there was growth in shipments abroad of prepared additives for mineral oils, when their volume increased by X% to X tonnes. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, lubricant additives exports stood at $X in 2019. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Peru (X tonnes) was the main destination for lubricant additives exports from Australia, accounting for a X% share of total exports. Moreover, lubricant additives exports to Peru exceeded the volume sent to the second major destination, New Zealand (X tonnes), twofold. Malaysia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Peru totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+X% per year) and Malaysia (+X% per year).

In value terms, Peru ($X) remains the key foreign market for lubricant additives exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Peru amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2019, the average lubricant additives export price amounted to $X per tonne, leveling off at the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2019, the highest prices were recorded for prices to China ($X per tonne) and Malaysia ($X per tonne), while the average price for exports to New Zealand ($X per tonne) and Singapore ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced more modest paces of growth.

Lubricant Additives Imports

Imports into Australia

In 2019, approx. X tonnes of prepared additives for mineral oils were imported into Australia; stabilizing at 2018. In general, imports showed a mild setback. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2009 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, lubricant additives imports contracted slightly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X tonnes), the U.S. (X tonnes) and France (X tonnes) were the main suppliers of lubricant additives imports to Australia, together comprising X% of total imports. These countries were followed by Belgium, Germany, China, South Korea, the Philippines, the Netherlands and Spain, which together accounted for a further X 2007 to 2019, the biggest increases were in the Philippines (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lubricant additives suppliers to Australia were Singapore ($X), the U.S. ($X) and France ($X), with a combined X% share of total imports. These countries were followed by Belgium, Germany, South Korea, China, the Philippines, the Netherlands and Spain, which together accounted for a further X Philippines (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average lubricant additives import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2018, and then declined in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, 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), together accounting for 51% of global production. These countries were followed by India, Italy, Germany, Singapore, Japan, Belgium, Russia, Brazil and Mexico, which together accounted for a further 39%.
What are the leading suppliers of prepared additives for mineral oils to Australia?
+
In value terms, the largest lubricant additives suppliers to Australia were Singapore ($69M), the U.S. ($57M) and France ($14M), with a combined 76% share of total imports. These countries were followed by Belgium, Germany, South Korea, China, the Philippines, the Netherlands and Spain, which together accounted for a further 17%.
What are the leading importers of prepared additives for mineral oils from Australia?
+
In value terms, Peru ($8.9M) remains the key foreign market for lubricant additives exports from Australia, comprising 22% of total exports. The second position in the ranking was occupied by New Zealand ($3.7M), with a 9% share of total exports. It was followed by Malaysia, with a 7.9% share.
What is the average export price for prepared additives for mineral oils in Australia?
+
The average lubricant additives export price stood at $3,480 per tonne in 2019, stabilizing at the previous year.
What is the average import price for prepared additives for mineral oils in Australia?
+
The average lubricant additives import price stood at $3,848 per tonne in 2019, standing approx. 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 Australia. 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:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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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