Estonia - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLubricant Additives Price in Estonia - 2023
Contents:
- Lubricant Additives Price in Estonia (CIF) - 2022
- Lubricant Additives Price in Estonia (FOB) - 2022
- Lubricant Additives Imports in Estonia
- Lubricant Additives Exports in Estonia
Lubricant Additives Price in Estonia (CIF) - 2022
In 2022, the average lubricant additives import price amounted to $15,392 per ton, increasing by 58% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of 298% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($66,415 per ton), while the price for Finland ($2,084 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricant Additives Price in Estonia (FOB) - 2022
The average lubricant additives export price stood at $6,271 per ton in 2022, with an increase of 54% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 120% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($12,241 per ton), while the average price for exports to Russia ($3,072 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricant Additives Imports in Estonia
In 2022, purchases abroad of prepared additives for mineral oils decreased by -5.5% to 376 tons, falling for the second year in a row after two years of growth. In general, imports showed a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 70% against the previous year. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lubricant additives imports skyrocketed to $5.8M in 2022. Over the period under review, imports continue to indicate a significant curtailment.
| Import of Lubricant Additives in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 10,557 | 23.5 | 2,594 | 4,592 | -24.2% |
| Finland | 210 | 2,385 | 296 | 316 | 14.6% |
| United States | 24.0 | 106 | 178 | 249 | 118.1% |
| Sweden | 3.3 | 148 | 83.8 | 155 | 260.8% |
| Germany | 275 | 72.7 | 66.2 | 143 | -19.6% |
| France | 40.8 | 240 | 267 | 95.6 | 32.8% |
| Belgium | 16.7 | 175 | 212 | 75.0 | 65.0% |
| Denmark | 238 | N/A | 0.2 | N/A | -97.1% |
| Others | 279 | 82.0 | 171 | 161 | -16.7% |
| Total | 11,644 | 3,231 | 3,866 | 5,786 | -20.8% |
Top Suppliers of Lubricant Additives to Estonia in 2022:
- Finland (151.5 tons)
- United Kingdom (69.1 tons)
- United States (38.3 tons)
- Sweden (33.8 tons)
- France (32.7 tons)
- Belgium (17.9 tons)
- Germany (16.8 tons)
Lubricant Additives Exports in Estonia
In 2022, exports of prepared additives for mineral oils from Estonia soared to 39 tons, with an increase of 42% on the previous year's figure. Over the period under review, exports, however, recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year.
In value terms, lubricant additives exports surged to $243K in 2022. In general, exports, however, continue to indicate a deep reduction.
| Export of Lubricant Additives in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 73.1 | 77.6 | 83.6 | 201 | 40.1% |
| Czech Republic | 0.9 | 2.1 | 5.9 | 17.0 | 166.3% |
| Sweden | 0.1 | 0.9 | 5.2 | 7.5 | 321.7% |
| Latvia | 8.1 | 8.1 | 9.0 | 7.2 | -3.9% |
| Russia | 256 | 2.0 | 2.5 | 6.2 | -71.1% |
| Others | 22.0 | 23.5 | 5.4 | 3.7 | -44.8% |
| Total | 360 | 114 | 112 | 243 | -12.3% |
Top Export Markets for Lubricant Additives from Estonia in 2022:
- Finland (33.2 tons)
- Russia (2.0 tons)
- Czech Republic (1.6 tons)
- Latvia (0.8 tons)
- Sweden (0.6 tons)
This report provides an in-depth analysis of the lubricant additives market in Estonia. 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 20594250 - Anti-knock preparations
- Prodcom 20594270 - Additives for lubricating oils
- Prodcom 20594290 - Additives for mineral oils or for other liquids used for the same purpose as mineral oils (including gasoline) (excluding anti-knock preparations, additives for lubricating oils)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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
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This report provides an in-depth analysis of the lubricant additives market in Estonia.
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This report provides an in-depth analysis of the lubricant additives market in Estonia.
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