Report Update Nov 1, 2024

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

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Egypt: Lubricating Oil Additive Market 2024

Lubricating Oil Additive Market Size in Egypt

For the fourth consecutive year, the Egyptian lubricating oil additive market recorded decline in sales value, which decreased by -4.2% to $X in 2021. Over the period under review, consumption saw a deep contraction. Lubricating oil additive consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Lubricating Oil Additive Exports

Exports from Egypt

In 2021, the amount of additives for lubricating oils exported from Egypt reduced notably to X tons, dropping by -98.7% on 2020 figures. Over the period under review, exports faced a sharp decline. The most prominent rate of growth was recorded in 2018 with an increase of 173% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, lubricating oil additive exports dropped dramatically to $X in 2021. Overall, exports showed a dramatic slump. The pace of growth appeared the most rapid in 2018 with an increase of 176%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for lubricating oil additive exports from Egypt, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia stood at -34.8%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for additives for lubricating oils exports from Egypt.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia amounted to -34.8%.

Export Prices by Country

In 2021, the average lubricating oil additive export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 16%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +0.4% per year.

Lubricating Oil Additive Imports

Imports into Egypt

In 2021, overseas purchases of additives for lubricating oils decreased by -12.7% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 43%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, lubricating oil additive imports reduced to $X in 2021. Overall, imports recorded a abrupt descent. The growth pace was the most rapid in 2015 when imports increased by 40% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of lubricating oil additive to Egypt, accounting for a 40% share of total imports. Moreover, lubricating oil additive imports from France exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at -7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.5% per year) and Belgium (-9.4% per year).

In value terms, France ($X) constituted the largest supplier of additives for lubricating oils to Egypt, comprising 40% of total imports. The second position in the ranking was held by the United States ($X), with a 19% share of total imports. It was followed by Belgium, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to -7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.7% per year) and Belgium (-9.6% per year).

Import Prices by Country

The average lubricating oil additive import price stood at $X per ton in 2021, with an increase of 2.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 16% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and China ($X per ton), while the price for the United Arab Emirates ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for additives for lubricating oils in the world?

The country with the largest volume of lubricating oil additive consumption was China, comprising approx. 22% 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 occupied by India, with a 9% share.

What are the largest producers of additives for lubricating oils in the world?

The countries with the highest volumes of lubricating oil additive production in 2021 were China, the United States and France, with a combined 44% share of global production. These countries were followed by India, Japan, Russia, Singapore, Brazil, Italy, Mexico, Belgium, Canada and South Korea, which together accounted for a further 40%.

What are the leading suppliers of additives for lubricating oils to Egypt?

In value terms, the United States constituted the largest supplier of lubricating oil additive to Egypt, comprising 54% of total imports. The second position in the ranking was occupied by Italy, with a 23% share of total imports. It was followed by Belgium, with a 15% share.

What are the leading importers of additives for lubricating oils from Egypt?

In value terms, Saudi Arabia remains the key foreign market for lubricating oil additive exports from Egypt.

What is the average export price for additives for lubricating oils in Egypt?

In 2021, the average lubricating oil additive export price amounted to $3,662 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for additives for lubricating oils in Egypt?

The average lubricating oil additive import price stood at $2,753 per ton in 2021, falling by -26.7% against the previous year.

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

Egypt

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023