Report Update Nov 1, 2024

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

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Iran: Lubricating Oil Additive Market 2024

Lubricating Oil Additive Market Size in Iran

In 2021, the Iranian lubricating oil additive market decreased by -46.6% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption continues to indicate a pronounced setback. Lubricating oil additive consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Lubricating Oil Additive Exports

Exports from Iran

In 2021, shipments abroad of additives for lubricating oils decreased by -0.2% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by 94% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, lubricating oil additive exports reduced modestly to $X in 2021. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2014 when exports increased by 57%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for lubricating oil additive exports from Iran, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to -6.3%.

In value terms, Turkey ($X) also remains the key foreign market for additives for lubricating oils exports from Iran.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at -7.5%.

Export Prices by Country

In 2021, the average lubricating oil additive export price amounted to $X per ton, dropping by -3.3% against the previous year. In general, the export price recorded a mild shrinkage. The pace of growth was the most pronounced in 2014 an increase of 76%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +8.3% per year.

Lubricating Oil Additive Imports

Imports into Iran

In 2021, supplies from abroad of additives for lubricating oils decreased by -45.7% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, imports continue to indicate a pronounced slump. The growth pace was the most rapid in 2013 when imports increased by 73% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, lubricating oil additive imports shrank sharply to $X in 2021. In general, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 76% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Austria (X tons) were the main suppliers of lubricating oil additive imports to Iran, with a combined 97% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +938.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest lubricating oil additive suppliers to Iran were the United Arab Emirates ($X), China ($X) and Austria ($X), with a combined 94% share of total imports.

Austria, with a CAGR of +839.5%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average lubricating oil additive import price amounted to $X per ton, which is down by -2.9% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2014 an increase of 8%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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. India ranked third in terms of total consumption 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. India, Japan, Russia, Singapore, Brazil, Italy, Mexico, Belgium, Canada and South Korea lagged somewhat behind, together accounting for a further 40%.

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

In value terms, Turkey, Germany and the UK appeared to be the largest lubricating oil additive suppliers to Iran, together accounting for 91% of total imports. Poland and Ukraine lagged somewhat behind, together comprising a further 7.6%.

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

In value terms, Turkey remains the key foreign market for lubricating oil additive exports from Iran.

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

The average lubricating oil additive export price stood at $3,179 per ton in 2021, surging by 10% against the previous year.

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

The average lubricating oil additive import price stood at $3,138 per ton in 2021, growing by 13% against the previous year.

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

Iran

Data coverage:

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