Report Update Nov 1, 2024

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

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Puerto Rico: Lubricating Oil Additive Market 2024

Lubricating Oil Additive Market Size in Puerto Rico

The Puerto Rican lubricating oil additive market amounted to less than $X in 2021, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern.

Lubricating Oil Additive Exports

Exports from Puerto Rico

In 2021, approx. less than X kg of additives for lubricating oils were exported from Puerto Rico; flattening at the previous year. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, lubricating oil additive exports amounted to less than $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern.

Exports by Country

France (X tons), Singapore (X tons) and the United States (X tons) represented roughly 62% of total exports in 2021. Italy (X tons) took the next position in the ranking, followed by Belgium (X tons). All these countries together held approx. 17% share of total exports. The following exporters - China (X tons), Germany (X tons), South Korea (X tons), the Netherlands (X tons) and Canada (X tons) - together made up 12% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of +48.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest lubricating oil additive supplying countries from Puerto Rico were the United States ($X), France ($X) and Singapore ($X), together accounting for 62% of total exports. These countries were followed by Italy, Belgium, Germany, China, the Netherlands, Canada and South Korea, which together accounted for a further 31%.

Belgium, with a CAGR of +40.5%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the other leaders experienced more modest paces of growth.

Lubricating Oil Additive Imports

Imports into Puerto Rico

In 2021, lubricating oil additive imports into Puerto Rico stood at less than X kg, approximately reflecting 2020 figures. In general, imports showed a relatively flat trend pattern.

In value terms, lubricating oil additive imports amounted to less than $X in 2021. Overall, imports showed a relatively flat trend pattern.

Imports by Country

China (X tons), Belgium (X tons), Singapore (X tons), Germany (X tons), France (X tons), the United States (X tons), Italy (X tons), Japan (X tons), South Korea (X tons), the United Arab Emirates (X tons), the Netherlands (X tons) and Russia (X tons) represented roughly 65% of total imports in 2021. Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lubricating oil additive importing markets into Puerto Rico were China ($X), Belgium ($X) and Germany ($X), with a combined 26% share of total imports. Singapore, France, the United States, Italy, Japan, South Korea, the Netherlands, the United Arab Emirates, Russia and Brazil lagged somewhat behind, together accounting for a further 40%.

Russia, with a CAGR of +8.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of lubricating oil additive consumption, accounting for 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 Puerto Rico?

In value terms, the largest lubricating oil additive importing markets into Puerto Rico were China, Belgium and Germany, with a combined 28% share of total imports. These countries were followed by France, the United States, Italy, Japan, Singapore, the Netherlands, Russia, India, Thailand and Brazil, which together accounted for a further 39%.

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

In value terms, the largest lubricating oil additive supplying countries from Puerto Rico were the United States, France and Italy, together comprising 62% of total exports. These countries were followed by Belgium, Singapore, Germany, China, the Netherlands, Canada and Belarus, which together accounted for a further 30%.

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

In 2021, the lubricating oil additive export price in Puerto Rico amounted to $less than 0.1 per ton, therefore, remained relatively stable against the previous year.

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

The lubricating oil additive import price in Puerto Rico stood at $less than 0.1 per ton in 2021, flattening at the previous year.

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

Puerto Rico

Data coverage:

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