Report Oman - Additives for Lubricating Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Oman - Additives for Lubricating Oils - Market Analysis, Forecast, Size, Trends and Insights
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Oman: Lubricating Oil Additive Market 2022

Lubricating Oil Additive Market Size in Oman

In 2021, the Omani lubricating oil additive market decreased by -7% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, recorded prominent growth. As a result, consumption reached the peak level of $X, and then declined in the following year.

Lubricating Oil Additive Production in Oman

In value terms, lubricating oil additive production dropped markedly to $X in 2021 estimated in export price. In general, production recorded a pronounced downturn. The growth pace was the most rapid in 2020 when the production volume increased by 178% against the previous year. As a result, production reached the peak level of $X, and then declined significantly in the following year.

Lubricating Oil Additive Exports

Exports from Oman

For the third consecutive year, Oman recorded decline in shipments abroad of additives for lubricating oils, which decreased by -71% to X tons in 2021. In general, exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2018 when exports increased by 348%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, lubricating oil additive exports declined remarkably to $X in 2021. Over the period under review, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 196%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Qatar (X tons), Yemen (X tons) and the United Arab Emirates (X tons) were the main destinations of lubricating oil additive exports from Oman, with a combined 71% share of total exports. These countries were followed by Germany, Pakistan and Somalia, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +84.4%), while shipments for the other leaders experienced a decline.

In value terms, Qatar ($X), Pakistan ($X) and Germany ($X) appeared to be the largest markets for lubricating oil additive exported from Oman worldwide, with a combined 76% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +70.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average lubricating oil additive export price amounted to $X per ton, increasing by 36% against the previous year. In general, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lubricating oil additive export price increased by +114.0% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 66% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Somalia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Somalia (+80.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lubricating Oil Additive Imports

Imports into Oman

In 2021, lubricating oil additive imports into Oman expanded markedly to X tons, with an increase of 8.8% on 2020 figures. Over the period under review, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of 21%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, lubricating oil additive imports reduced slightly to $X in 2021. In general, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of 20% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Singapore (X tons) constituted the largest lubricating oil additive supplier to Oman, accounting for a 61% share of total imports. Moreover, lubricating oil additive imports from Singapore exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. The third position in this ranking was taken by Italy (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Singapore totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+34.7% per year) and Italy (+15.8% per year).

In value terms, Singapore ($X), the United Arab Emirates ($X) and Italy ($X) constituted the largest lubricating oil additive suppliers to Oman, with a combined 86% share of total imports.

The United Arab Emirates, with a CAGR of +45.7%, recorded 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

The average lubricating oil additive import price stood at $X per ton in 2021, which is down by -11.8% against the previous year. In general, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 19% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+21.2%), 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?
+
China remains the largest lubricating oil additive consuming country worldwide, 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?
+
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. India, Japan, Singapore, Russia, Italy, Brazil, Mexico, Belgium, Democratic Republic of the Congo and Canada lagged somewhat behind, together comprising a further 39%.
What are the leading suppliers of additives for lubricating oils to Oman?
+
In value terms, Singapore, the United Arab Emirates and Italy appeared to be the largest lubricating oil additive suppliers to Oman, with a combined 86% share of total imports.
What are the leading importers of additives for lubricating oils from Oman?
+
In value terms, the largest markets for lubricating oil additive exported from Oman were Qatar, Pakistan and Germany, with a combined 76% share of total exports.
What is the average export price for additives for lubricating oils in Oman?
+
The average lubricating oil additive export price stood at $2,897 per ton in 2021, rising by 36% against the previous year.
What is the average import price for additives for lubricating oils in Oman?
+
The average lubricating oil additive import price stood at $2,651 per ton in 2021, dropping by -11.8% against the previous year.

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

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