Report Libya - Additives for Lubricating Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 4, 2022

Libya - Additives for Lubricating Oils - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Lubricating Oil Additive Market 2022

Lubricating Oil Additive Market Size in Libya

In 2021, the Libyan lubricating oil additive market decreased by -18.8% to $X, falling for the eighth consecutive year after two years of growth. Overall, consumption showed a deep slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Lubricating Oil Additive Exports

Exports from Libya

In 2021, approx. X tons of additives for lubricating oils were exported from Libya; remaining constant against the previous year's figure. Over the period under review, exports enjoyed a significant expansion. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, lubricating oil additive exports amounted to $X in 2021. Overall, exports enjoyed a significant increase. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Morocco (X tons) was the main destination for lubricating oil additive exports from Libya, with a approx. 100% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Morocco was relatively modest.

From 2015 to 2021, the average annual growth rate of value to Morocco was relatively modest.

Export Prices by Country

In 2021, the average lubricating oil additive export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price showed a drastic downturn. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Morocco.

From 2015 to 2021, the rate of growth in terms of prices for Morocco amounted to 0.0% per year.

Lubricating Oil Additive Imports

Imports into Libya

In 2021, purchases abroad of additives for lubricating oils decreased by -15.6% to X tons, falling for the eighth consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 45% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, lubricating oil additive imports declined to $X in 2021. Overall, imports saw a deep setback. The pace of growth appeared the most rapid in 2013 when imports increased by 49%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest lubricating oil additive supplier to Libya, accounting for a 75% share of total imports. Moreover, lubricating oil additive imports from France exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was taken by Egypt (X tons), with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to -21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.9% per year) and Egypt (+3.0% per year).

In value terms, France ($X) constituted the largest supplier of lubricating oil additive to Libya, comprising 77% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.5% share of total imports. It was followed by Egypt, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value from France stood at -19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.8% per year) and Egypt (+19.3% per year).

Import Prices by Country

The average lubricating oil additive import price stood at $X per ton in 2021, with an increase of 2.4% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lubricating oil additive import price increased by +66.3% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of 45%. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Egypt ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for additives for lubricating oils in the world?
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The country with the largest volume of lubricating oil additive consumption was China, comprising approx. 23% of total volume. Moreover, lubricating oil additive consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was held by India, with an 8.8% share.
What are the largest producers of additives for lubricating oils in the world?
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The countries with the highest volumes of production in 2021 were China, the United States and France, with a combined 45% share of global production. These countries were followed by India, Japan, Singapore, Russia, Italy, Brazil, Mexico, Belgium, Democratic Republic of the Congo and Canada, which together accounted for a further 39%.
What are the leading suppliers of additives for lubricating oils to Libya?
+
In value terms, France constituted the largest supplier of lubricating oil additive to Libya, comprising 77% of total imports. The second position in the ranking was held by the United States, with a 9.5% share of total imports. It was followed by Egypt, with a 3.3% share.
What is the average export price for additives for lubricating oils in Libya?
+
The average lubricating oil additive export price stood at $782 per ton in 2021, remaining constant against the previous year.
What is the average import price for additives for lubricating oils in Libya?
+
In 2021, the average lubricating oil additive import price amounted to $3,832 per ton, surging by 2.4% against the previous year.

This report provides an in-depth analysis of the lubricating oil additive market in Libya. 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 20594270 - Additives for lubricating oils
Country coverage:
• Libya

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Libya
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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