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

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Lubricant Additives Market Size in Belgium

In 2019, the Belgian lubricant additives market decreased by -X% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Lubricant Additives Production in Belgium

In value terms, lubricant additives production fell slightly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

Lubricant Additives Exports

Exports from Belgium

Lubricant additives exports from Belgium totaled X tonnes in 2019, therefore, remained relatively stable against the previous year. Over the period under review, exports, however, showed a mild reduction. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2012 to 2019, the growth exports remained at a lower figure.

In value terms, lubricant additives exports reached $X in 2019. Overall, total exports indicated a slight increase from 2007 to 2019: its value decreased 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, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Germany (X tonnes), the Netherlands (X tonnes) and the United Arab Emirates (X tonnes) were the main destinations of lubricant additives exports from Belgium, together accounting for X% of total exports. These countries were followed by France, the UK, Russia, South Africa, Turkey, Italy, India, Spain, Saudi Arabia and China, which together accounted for a further X 2007 to 2019, the biggest increases were in Saudi Arabia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the largest markets for lubricant additives exported from Belgium worldwide, together comprising X% of total exports. These countries were followed by the United Arab Emirates, the UK, Russia, Italy, South Africa, Turkey, India, Spain, China and Saudi Arabia, which together accounted for a further X terms of the main countries of destination, Saudi Arabia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average lubricant additives export price amounted to $X per tonne, stabilizing at the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

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

Lubricant Additives Imports

Imports into Belgium

In 2019, the amount of prepared additives for mineral oils imported into Belgium declined modestly to X tonnes, shrinking by -X% compared with the year before. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2012 to 2019, the growth imports failed to regain the momentum.

In value terms, lubricant additives imports declined to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, France (X tonnes) constituted the largest lubricant additives supplier to Belgium, with a X% share of total imports. Moreover, lubricant additives imports from France exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), twofold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Italy (+X% per year).

In value terms, the largest lubricant additives suppliers to Belgium were France ($X), the U.S. ($X) and Italy ($X), together comprising X% of total imports. These countries were followed by Germany, the Netherlands, the UK and Singapore, which together accounted for a further X terms of the main suppliers, Singapore recorded the highest growth rate of the value of imports, 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, flattening 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 2012 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from the U.S. ($X per tonne) and Italy ($X per tonne), while the price for Singapore ($X per tonne) and Germany ($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, comprising approx. 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 comprising 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 Belgium?
+
In value terms, France ($287M), the U.S. ($155M) and Italy ($122M) constituted the largest lubricant additives suppliers to Belgium, with a combined 78% share of total imports. Germany, the Netherlands, the UK and Singapore lagged somewhat behind, together comprising a further 18%.
What are the leading importers of prepared additives for mineral oils from Belgium?
+
In value terms, the largest markets for lubricant additives exported from Belgium were Germany ($38M), the Netherlands ($29M) and France ($24M), together comprising 36% of total exports. These countries were followed by the United Arab Emirates, the UK, Russia, Italy, South Africa, Turkey, India, Spain, China and Saudi Arabia, which together accounted for a further 37%.
What is the average export price for prepared additives for mineral oils in Belgium?
+
In 2019, the average lubricant additives export price amounted to $3,301 per tonne, flattening at the previous year.
What is the average import price for prepared additives for mineral oils in Belgium?
+
In 2019, the average lubricant additives import price amounted to $3,543 per tonne, approximately mirroring 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 Belgium. 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:
• Belgium

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