Netherlands: Lubricating Oil Additive Market 2024

Lubricating Oil Additive Market Size in the Netherlands

The Dutch lubricating oil additive market expanded rapidly to $X in 2022, growing by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Lubricating Oil Additive Production in the Netherlands

In value terms, lubricating oil additive production expanded notably to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Lubricating Oil Additive Exports

Exports from the Netherlands

In 2022, the amount of additives for lubricating oils exported from the Netherlands reduced to X tons, with a decrease of X% on the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, lubricating oil additive exports rose rapidly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for lubricating oil additive exports from the Netherlands, accounting for a X% share of total exports. Moreover, lubricating oil additive exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) remains the key foreign market for additives for lubricating oils exports from the Netherlands, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Belgium (X% per year).

Export Prices by Country

The average lubricating oil additive export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lubricating Oil Additive Imports

Imports into the Netherlands

Lubricating oil additive imports into the Netherlands was estimated at X tons in 2022, increasing by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, lubricating oil additive imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

France (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of lubricating oil additive imports to the Netherlands, with a combined X% share of total imports. Germany, the United States, Belarus, China and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Italy ($X) appeared to be the largest lubricating oil additive suppliers to the Netherlands, with a combined X% share of total imports. Germany, the United States, Belarus, China and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Belarus, with a CAGR of X%, saw 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 2022, the average lubricating oil additive import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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