Sweden - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLubricating Oil Additive Price in Sweden - 2023
Contents:
- Lubricating Oil Additive Price in Sweden (CIF) - 2023
- Lubricating Oil Additive Price in Sweden (FOB) - 2023
- Lubricating Oil Additive Imports in Sweden
- Lubricating Oil Additive Exports in Sweden
Lubricating Oil Additive Price in Sweden (CIF) - 2023
In June 2023, the average lubricating oil additive import price amounted to $5,892 per ton, surging by 8.1% against the previous month. Overall, import price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, lubricating oil additive import price increased by +4.1% against March 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 49% against the previous month. Over the period under review, average import prices attained the maximum at $6,243 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($6,828 per ton), while the price for the Netherlands ($3,880 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricating Oil Additive Price in Sweden (FOB) - 2023
The average lubricating oil additive export price stood at $7,299 per ton in June 2023, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 25% month-to-month. Over the period under review, the average export prices attained the peak figure at $8,115 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the Netherlands ($9,418 per ton), while the average price for exports to Norway ($5,604 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricating Oil Additive Imports in Sweden
For the third consecutive year, Sweden recorded decline in purchases abroad of additives for lubricating oils, which decreased by -2.6% to 16K tons in 2022. In general, imports continue to indicate a deep downturn. The smallest decline of -2.2% was in 2021.
In value terms, lubricating oil additive imports fell slightly to $66M in 2022. Overall, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4.7%.
Import of Lubricating Oil Additive in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 29.3 | 26.2 | 28.7 | 26.6 | -3.2% |
Italy | 2.8 | 4.3 | 14.3 | 13.7 | 69.8% |
Germany | 12.9 | 8.2 | 12.0 | 11.1 | -4.9% |
Belgium | 1.8 | 1.6 | 8.1 | 10.0 | 77.1% |
Netherlands | 2.1 | 2.6 | 3.3 | 2.6 | 7.4% |
United Kingdom | 26.0 | 20.9 | 2.1 | 0.2 | -80.3% |
Others | 2.9 | 2.9 | 1.4 | 2.2 | -8.8% |
Total | 77.9 | 66.7 | 69.8 | 66.4 | -5.2% |
Top Suppliers of Lubricating Oil Additive to Sweden in 2022:
- United Kingdom (undefinedK tons)
- France (5.6K tons)
- Belgium (4.2K tons)
- Italy (3.1K tons)
- Germany (1.8K tons)
- Netherlands (0.7K tons)
Lubricating Oil Additive Exports in Sweden
In 2022, approx. 647 tons of additives for lubricating oils were exported from Sweden; which is down by -6.5% on 2021. Over the period under review, exports recorded a precipitous decline.
In value terms, lubricating oil additive exports reached $4.1M in 2022. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year.
Export of Lubricating Oil Additive in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 1,734 | 1,622 | 1,728 | 2,128 | 7.1% |
Norway | 1,963 | 264 | 432 | 378 | -42.3% |
Netherlands | 55.8 | 145 | 694 | 308 | 76.7% |
Lithuania | 63.9 | 93.7 | 117 | 291 | 65.8% |
South Korea | N/A | 54.0 | 61.1 | 251 | 115.6% |
France | 165 | 133 | 49.4 | 225 | 10.9% |
Latvia | 45.5 | 153 | 268 | 218 | 68.6% |
United Kingdom | 1,123 | 808 | 1.5 | 2.0 | -87.9% |
Others | 250 | 414 | 733 | 325 | 9.1% |
Total | 5,399 | 3,687 | 4,084 | 4,125 | -8.6% |
Top Export Markets for Lubricating Oil Additive from Sweden in 2022:
- Finland (329.0 tons)
- Norway (58.6 tons)
- South Korea (53.1 tons)
- Lithuania (52.0 tons)
- Netherlands (35.5 tons)
- France (34.5 tons)
- Latvia (28.6 tons)
- United Kingdom (0.1 tons)
This report provides an in-depth analysis of the lubricating oil additive market in Sweden. 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:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the lubricating oil additive market in Sweden.
This report provides an in-depth analysis of the lubricant additives market in Sweden.
This report provides an in-depth analysis of the anti-knock preparations market in Sweden.
This report provides an in-depth analysis of the global lubricating oil additive market.
This report provides an in-depth analysis of the global lubricant additives market.
This report provides an in-depth analysis of the global anti-knock preparations market.
This report provides an in-depth analysis of the lubricating oil additive market in Sweden.
This report provides an in-depth analysis of the lubricant additives market in Sweden.
This report provides an in-depth analysis of the anti-knock preparations market in Sweden.
This report provides an in-depth analysis of the global lubricating oil additive market.
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