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

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

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Luxembourg: Lubricating Oil Additive Market 2022

Lubricating Oil Additive Market Size in Luxembourg

In 2021, the Luxembourg lubricating oil additive market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption showed perceptible growth. Lubricating oil additive consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Lubricating Oil Additive Exports

Exports from Luxembourg

In 2021, approx. X tons of additives for lubricating oils were exported from Luxembourg; with a decrease of -68.6% against the year before. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 1,692% against the previous year. As a result, the exports reached the peak of X tons, and then dropped dramatically in the following year.

In value terms, lubricating oil additive exports dropped dramatically to $X in 2021. Overall, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 273%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for lubricating oil additive exports from Luxembourg, with a 66% share of total exports. Moreover, lubricating oil additive exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+3.7% per year) and France (-9.7% per year).

In value terms, the largest markets for lubricating oil additive exported from Luxembourg were Belgium ($X), Germany ($X) and France ($X), with a combined 100% share of total exports.

Germany, with a CAGR of +36.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average lubricating oil additive export price amounted to $X per ton, picking up by 115% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 128%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.

Lubricating Oil Additive Imports

Imports into Luxembourg

In 2021, after two years of decline, there was significant growth in overseas purchases of additives for lubricating oils, when their volume increased by 45% to X tons. Over the period under review, imports posted a strong increase. The growth pace was the most rapid in 2016 with an increase of 101%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, lubricating oil additive imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 65%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of lubricating oil additive to Luxembourg, accounting for a 87% share of total imports. Moreover, lubricating oil additive imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold. The Netherlands (X tons) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+0.9% per year) and the Netherlands (+24.0% per year).

In value terms, Germany ($X) constituted the largest supplier of lubricating oil additive to Luxembourg, comprising 61% of total imports. The second position in the ranking was held by Belgium ($X), with a 27% share of total imports. It was followed by France, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+8.9% per year) and France (-23.7% per year).

Import Prices by Country

The average lubricating oil additive import price stood at $X per ton in 2021, waning by -9.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2019 an increase of 93%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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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China constituted the country with the largest volume of lubricating oil additive consumption, accounting for 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, together accounting for 45% 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 Luxembourg?
+
In value terms, Germany constituted the largest supplier of lubricating oil additive to Luxembourg, comprising 61% of total imports. The second position in the ranking was held by Belgium, with a 27% share of total imports. It was followed by France, with a 6.4% share.
What are the leading importers of additives for lubricating oils from Luxembourg?
+
In value terms, the largest markets for lubricating oil additive exported from Luxembourg were Belgium, Germany and France, with a combined 100% share of total exports.
What is the average export price for additives for lubricating oils in Luxembourg?
+
The average lubricating oil additive export price stood at $4,314 per ton in 2021, rising by 115% against the previous year.
What is the average import price for additives for lubricating oils in Luxembourg?
+
The average lubricating oil additive import price stood at $1,808 per ton in 2021, reducing by -9.9% against the previous year.

This report provides an in-depth analysis of the lubricating oil additive market in Luxembourg. 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:
• Luxembourg

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