Lubricating preparations not for the treatment of materials market
Lubricating preparations not for the treatment of materials market: download recently published facts and figures empowered by an Ai-driven business intelligence platform. Information provide exports, companies, consumption, market size, market prices, imports, production, and trade. There is a split by region, including the U.K., EU, Africa, the Middle East, the U.S., China, Latin America, and Russia. Market dynamics and outlook to 2030 are also provided in the dashboards.
Lubricating Preparations not for The Treatment of Materials - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Russia |
| 2 | China |
| 3 | United States |
| 4 | Japan |
| 5 | India |
In value terms, Russia, China and the United States appeared to be the countries with the highest levels of market value in 2020, together accounting for 49% of the global market. Japan, India, Germany, Canada, France, South Korea, Italy, Saudi Arabia and the UK lagged somewhat behind, together accounting for a further 25%.
In terms of the main consuming countries, Saudi Arabia saw the highest rates of growth with regard to market size, over the period under review, while market of lubricating preparations not for the treatment of materials for the other global leaders experienced more modest paces of growth.
Lubricating Preparations Not For The Treatment Of Materials Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Lithuania | 2463 | 2302 | 2270 | -4.0% |
| China | 3201 | 2556 | 2614 | -9.6% |
| Italy | 2866 | 2744 | 2732 | -2.4% |
| Spain | 3114 | 3075 | 3229 | 1.8% |
| Netherlands | 3674 | 3656 | 3347 | -4.6% |
| France | 3737 | 3758 | 3460 | -3.8% |
| Singapore | 4789 | 4437 | 4482 | -3.3% |
| Belgium | 3582 | 3594 | 4649 | 13.9% |
| United Kingdom | 4522 | 4574 | 4761 | 2.6% |
| Japan | 4930 | 4872 | 4954 | 0.2% |
| Germany | 4780 | 4582 | 5024 | 2.5% |
| United States | 5461 | 5730 | 5244 | -2.0% |
| Switzerland | 5287 | 5222 | 5346 | 0.6% |
| Average | 4207 | 4097 | 4217 | 0.1% |
Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($5,346 per ton), while Lithuania ($2,270 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Mexico | 4802 | 4820 | 5070 | 2.8% |
| China | 4774 | 4596 | 4697 | -0.8% |
| United States | 4861 | 4978 | 4643 | -2.3% |
| Netherlands | 4261 | 4244 | 4515 | 2.9% |
| Germany | 4296 | 4254 | 4411 | 1.3% |
| Poland | 3983 | 3718 | 4365 | 4.7% |
| United Kingdom | 3922 | 3848 | 4148 | 2.8% |
| Belgium | 3786 | 3702 | 3994 | 2.7% |
| Russia | 3869 | 3780 | 3876 | 0.1% |
| India | 3707 | 3746 | 3782 | 1.0% |
| France | 3807 | 3296 | 3521 | -3.8% |
| Austria | 3243 | 3342 | 3136 | -1.7% |
| Italy | 3683 | 3746 | 3133 | -7.8% |
| Average | 4207 | 4139 | 4238 | 0.4% |
Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($5,070 per ton), while Italy ($3,133 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.
Lubricating Preparations not for The Treatment of Materials - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 3.6 | 3.2 | 3 | -8.0% |
| Germany | 1.4 | 1.3 | 1.1 | -10.9% |
| Russia | 0.9 | 0.9 | 0.8 | -8.6% |
| Mexico | 0.7 | 0.7 | 0.6 | -7.7% |
| France | 0.6 | 0.6 | 0.6 | -0.1% |
In value terms, China ($3B) constitutes the largest market for imported lubricating preparations not for the treatment of materials worldwide, comprising 18% of global imports. The second position in the ranking was occupied by Germany ($1.1B), with a 6.7% share of global imports. It was followed by Russia, with a 4.6% share.
From 2018 to 2020, the average annual growth rate of value in China totaled -8.0%. In the other countries, the average annual rates were as follows: Germany (-10.9% per year) and Russia (-8.6% per year).
Lubricating Preparations not for The Treatment of Materials - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 4.2 | 3.9 | 3.7 | -5.8% |
| United States | 3.3 | 3 | 2.6 | -11.6% |
| Japan | 1.8 | 1.7 | 1.6 | -6.9% |
| France | 1.8 | 1.6 | 1.5 | -9.0% |
| Belgium | 1.1 | 1.1 | 1.2 | 7.5% |
In value terms, Germany ($3.7B), the United States ($2.6B) and Japan ($1.6B) constituted the countries with the highest levels of exports in 2020, with a combined 47% share of global exports. France, Belgium, the Netherlands, Singapore, the UK, Italy, Switzerland, China, Spain and Lithuania lagged somewhat behind, together comprising a further 38%.
Lithuania saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Lubricating Preparations not for The Treatment of Materials - Market Forecast
Driven by rising demand for lubricating preparations not for the treatment of materials worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Lubricating Preparations not for The Treatment of Materials - Product Coverage
- HS 340319 - Lubricating preparations; (other than for the treatment of textile and similar materials), containing less than 70% (by weight) of petroleum oils or oils obtained from bituminous minerals
- HS 340399 - Lubricating preparations; other than for the treatment of textile and similar materials, not containing petroleum oils or oils obtained from bituminous minerals
- HS 3403 - Lubricating preparations and those used in oil or grease treatment of textile and similar materials; excluding preparations containing 70% or more (by weight) of petroleum or bituminous mineral oils
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