Report World - Petroleum Lubricating Oil and Grease - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Petroleum Lubricating Oil and Grease - Market Analysis, Forecast, Size, Trends and Insights
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Overview of the Global Market for Petroleum Lubricating Oil And Grease

Market Size for Petroleum Lubricating Oil And Grease

The global market for petroleum lubricating oil and grease dropped to $X in 2021, with a decrease of -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market reached the maximum level at $X in 2020, and then fell in the following year.

Production of Petroleum Lubricating Oil And Grease

In value terms, petroleum lubricating oil and grease production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, global production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Petroleum Lubricating Oil And Grease

Exports

After two years of decline, shipments abroad of petroleum lubricating oil and grease increased by X% to X tons in 2021. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, petroleum lubricating oil and grease exports soared to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons) and France (X tons) represented the major exporters of petroleum lubricating oil and greasearound the world, together recording near X% of total exports. The United States (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%), Japan (X%) and the Netherlands (X%). Singapore (X tons), Italy (X tons), the UK (X tons), Lithuania (X tons), China (X tons), Spain (X tons) and Switzerland (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2021, with a combined X% share of global exports. Belgium, Japan, Singapore, the Netherlands, the UK, Switzerland, Italy, Spain, Lithuania and China lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for petroleum lubricating oil and grease stood at $X per ton in 2021, surging by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X%. The global export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably countryorigin: the country with the highest price was Switzerland ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other global leaders experienced more modest paces of growth.

Imports of Petroleum Lubricating Oil And Grease

Imports

In 2021, after two years of decline, there was significant growth in purchases abroad of petroleum lubricating oil and grease, when their volume increased by X% to X tons. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, global imports hit record highs at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, petroleum lubricating oil and grease imports soared to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons), distantly followed by Germany (X tons), France (X tons) and Russia (X tons) were the major importers of petroleum lubricating oil and grease, together making up X% of total imports. Canada (X tons), Poland (X tons), Italy (X tons), India (X tons), the Netherlands (X tons), Mexico (X tons), Belgium (X tons), Spain (X tons) and Turkey (X tons) held a relatively small share of total imports.

Imports into China increased at an average annual rate of +X% from 2012 to 2021. At the same time, India (+X%), France (+X%), Poland (+X%), Mexico (+X%), Canada (+X%), Spain (+X%), Italy (+X%), Turkey (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. The Netherlands and Belgium experienced a relatively flat trend pattern. By contrast, Russia (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), France (+X p.p.) and India (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Russia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported petroleum lubricating oil and grease worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

In China, petroleum lubricating oil and grease imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Russia (-X% per year).

Import Prices by Country

The average import price for petroleum lubricating oil and grease stood at $X per ton in 2021, growing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Poland ($X per ton) and Mexico ($X per ton), while France ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for petroleum lubricating oil and grease in the world?
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Russia remains the largest petroleum lubricating oil and grease consuming country worldwide, comprising approx. 36% of total volume. Moreover, petroleum lubricating oil and grease consumption in Russia exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was held by the United States, with a 9.4% share.
What are the largest producers of petroleum lubricating oil and grease in the world?
+
Russia constituted the country with the largest volume of petroleum lubricating oil and grease production, accounting for 36% of total volume. Moreover, petroleum lubricating oil and grease production in Russia exceeded the figures recorded by the second-largest producer, the United States, fourfold. China ranked third in terms of total production with an 8.3% share.
What are the leading exporters of petroleum lubricating oil and grease in the world?
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In value terms, the largest petroleum lubricating oil and grease supplying countries worldwide were Germany, France and the United States, together accounting for 48% of global exports. Belgium, Japan, Singapore, the Netherlands, the UK, Switzerland, Italy, Spain, Lithuania and China lagged somewhat behind, together accounting for a further 40%.
What are the leading importers of petroleum lubricating oil and grease in the world?
+
In value terms, China constitutes the largest market for imported petroleum lubricating oil and grease worldwide, comprising 16% of global imports. The second position in the ranking was held by Germany, with a 7.2% share of global imports. It was followed by Russia, with a 5.3% share.
What is the average export price for petroleum lubricating oil and grease in the world?
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In 2021, the average export price for petroleum lubricating oil and grease amounted to $4,072 per ton, with an increase of 6.3% against the previous year.
What is the average import price for petroleum lubricating oil and grease in the world?
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In 2021, the average import price for petroleum lubricating oil and grease amounted to $4,091 per ton, increasing by 9.4% against the previous year.

This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease. 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 20594155 - Lubricating preparations containing as basic constituents < .70% by weight of petroleum oils or of oils obtained from bituminous minerals for textiles, leather, hides, furskins and other materials
• Prodcom 20594157 - Lubricating preparations obtained from petroleum or bituminous minerals, excluding the ones used for the treatment of textiles, leather, hides, furskins and other materials

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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