India - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLubricant Additives Price in India - 2023
Contents:
- Lubricant Additives Price in India (CIF) - 2023
- Lubricant Additives Price in India (FOB) - 2023
- Lubricant Additives Imports in India
- Lubricant Additives Exports in India
Lubricant Additives Price in India (CIF) - 2023
The average lubricant additives import price stood at $4,775 per ton in July 2023, falling by -2.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 14% m-o-m. Over the period under review, average import prices reached the maximum at $5,332 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($6,732 per ton), while the price for South Korea ($3,716 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricant Additives Price in India (FOB) - 2023
The average lubricant additives export price stood at $2,730 per ton in July 2023, waning by -4.8% against the previous month. In general, the export price recorded a slight descent. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 4% month-to-month. Over the period under review, the average export prices attained the maximum at $3,311 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Russia ($3,977 per ton), while the average price for exports to South Korea ($1,560 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricant Additives Imports in India
In 2022, approx. 86K tons of prepared additives for mineral oils were imported into India; with an increase of 16% on 2021. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, lubricant additives imports soared to $381M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lubricant Additives in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 81.7 | 62.6 | 74.2 | 124 | 14.9% |
| Singapore | 103 | 75.1 | 97.0 | 116 | 4.0% |
| Belgium | 44.9 | 30.6 | 31.1 | 32.7 | -10.0% |
| Germany | 7.3 | 7.4 | 9.0 | 31.0 | 61.9% |
| Japan | 10.8 | 9.9 | 15.3 | 14.4 | 10.1% |
| China | 9.6 | 9.6 | 12.0 | 14.3 | 14.2% |
| France | 9.6 | 6.3 | 9.1 | 10.8 | 4.0% |
| South Korea | 6.3 | 5.1 | 7.9 | 9.4 | 14.3% |
| Italy | 4.1 | 4.5 | 7.0 | 7.4 | 21.8% |
| Thailand | 6.0 | 4.1 | 1.8 | 4.7 | -7.8% |
| Saudi Arabia | 2.2 | 1.7 | 1.3 | 0.9 | -25.8% |
| Others | 17.4 | 17.1 | 16.2 | 15.5 | -3.8% |
| Total | 302 | 234 | 282 | 381 | 8.1% |
Top Suppliers of Lubricant Additives to India in 2022:
- Singapore (32.8K tons)
- United States (20.3K tons)
- Belgium (6.4K tons)
- Germany (6.0K tons)
- Saudi Arabia (3.8K tons)
- China (3.0K tons)
- South Korea (2.6K tons)
- France (2.3K tons)
- Japan (2.0K tons)
- Thailand (1.8K tons)
- Italy (1.7K tons)
Lubricant Additives Exports in India
In 2022, shipments abroad of prepared additives for mineral oils was finally on the rise to reach 106K tons after two years of decline. Over the period under review, exports, however, saw a slight shrinkage.
In value terms, lubricant additives exports surged to $305M in 2022. In general, exports, however, recorded a pronounced reduction.
| Export of Lubricant Additives in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.8 | 26.8 | 23.0 | 53.1 | 1.5% |
| United Arab Emirates | 38.8 | 30.3 | 28.1 | 35.9 | -2.6% |
| Singapore | 33.0 | 23.1 | 26.3 | 33.6 | 0.6% |
| France | 7.0 | 12.2 | 23.7 | 30.4 | 63.2% |
| China | 37.6 | 15.3 | 17.5 | 22.4 | -15.9% |
| Nigeria | 19.7 | 10.9 | 6.8 | 10.7 | -18.4% |
| South Africa | 5.9 | 6.3 | 4.0 | 9.2 | 16.0% |
| Malaysia | 7.1 | 4.2 | 5.8 | 7.4 | 1.4% |
| Kuwait | 7.8 | 4.0 | 4.9 | 6.2 | -7.4% |
| Indonesia | 10.3 | 5.9 | 4.7 | 6.1 | -16.0% |
| Cameroon | 0.1 | 3.1 | 4.8 | 6.1 | 293.6% |
| South Korea | 7.7 | 4.3 | 4.4 | 5.7 | -9.5% |
| Oman | 4.7 | 3.2 | 3.2 | 4.1 | -4.5% |
| Others | 98.3 | 55.3 | 49.9 | 74.1 | -9.0% |
| Total | 329 | 205 | 207 | 305 | -2.5% |
Top Export Markets for Lubricant Additives from India in 2022:
- United Arab Emirates (15.4K tons)
- United States (11.5K tons)
- Singapore (10.8K tons)
- China (9.6K tons)
- France (8.3K tons)
- Nigeria (4.0K tons)
- Kuwait (3.5K tons)
- Oman (3.5K tons)
- South Korea (3.2K tons)
- Malaysia (2.9K tons)
- Indonesia (2.6K tons)
- South Africa (2.5K tons)
- Cameroon (2.4K tons)
This report provides an in-depth analysis of the lubricant additives market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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 India.
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This report provides an in-depth analysis of the anti-knock preparations market in India.
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This report provides an in-depth analysis of the global lubricant additives market.
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This report provides an in-depth analysis of the global lubricating oil additive market.
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This report provides an in-depth analysis of the global anti-knock preparations market.
518
This report provides an in-depth analysis of the lubricant additives market in India.
340
This report provides an in-depth analysis of the lubricating oil additive market in India.
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This report provides an in-depth analysis of the anti-knock preparations market in India.
1998
This report provides an in-depth analysis of the global lubricant additives market.
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In May 2023, the growth of Lubricant Additives imports was the most significant, with a 25% increase compared to the previous month. In September 2023, the value of Lubricant Additives imports notably dropped to $23M.
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Global lubricant additives imports totaled X tons in 2016, stabilizing at the previous year level. In general, lubricant additives imports continue to indicate a relatively flat trend pattern. Th...
1215
Global lubricant additives imports totaled X tons in 2016, stabilizing at the previous year level. In general, lubricant additives imports continue to indicate a relatively flat trend pattern. Th...
1186
The U.S. continued its dominance in the global trade of prepared additives for mineral oils. In 2014, the U.S. exported X thousand tons of prepared additives for mineral oils totaling X million USD, X% under the previous year. Its primary tradi
110
Explore the top import markets for lubricating oil additives, including China, Belgium, Germany, and more. Get key statistics and market insights from the IndexBox platform.
144
In May 2023, the growth of Lubricant Additives imports was the most significant, with a 25% increase compared to the previous month. In September 2023, the value of Lubricant Additives imports notably dropped to $23M.
270
Explore the top import markets for lubricant additives and their key statistics and figures. Find out the leading countries, import values, and potential growth opportunities.
