Italy - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights

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Lubricant Additives Price in Italy - 2023

Contents:

  1. Lubricant Additives Price in Italy (FOB) - 2023
  2. Lubricant Additives Price in Italy (CIF) - 2023
  3. Lubricant Additives Exports in Italy
  4. Lubricant Additives Imports in Italy

Lubricant Additives Price in Italy (FOB) - 2023

In July 2023, the average lubricant additives export price amounted to $4,410 per ton, remaining relatively unchanged against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 6.8% m-o-m. As a result, the export price attained the peak level of $4,627 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($5,180 per ton), while the average price for exports to Brazil ($3,256 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 China (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lubricant Additives Price in Italy (CIF) - 2023

The average lubricant additives import price stood at $3,809 per ton in July 2023, with a decrease of -8% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 6.1% month-to-month. The import price peaked at $4,230 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,835 per ton), while the price for Spain ($2,666 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 the United States (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Lubricant Additives Exports in Italy

In 2022, the amount of prepared additives for mineral oils exported from Italy was estimated at 308K tons, growing by 4% on the year before. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 4.6%.

In value terms, lubricant additives exports skyrocketed to $1.3B in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Lubricant Additives in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12312313818314.2%
Belgium11011112816414.2%
Germany10210812115615.2%
United States92.488.888.113413.2%
Spain59.653.558.769.15.1%
Turkey34.434.935.364.223.1%
Netherlands28.830.837.450.720.7%
China66.447.250.439.9-15.6%
Brazil27.226.427.536.710.5%
Singapore25.328.817.135.311.7%
United Arab Emirates56.926.726.133.1-16.5%
Egypt10.510.010.829.841.6%
Saudi Arabia17.818.322.928.817.4%
Others2942452833172.5%
Total1,0479521,0451,3428.6%

Top Export Markets for Lubricant Additives from Italy in 2022:

  1. France (38.9K tons)
  2. Belgium (38.3K tons)
  3. Germany (34.2K tons)
  4. United States (27.9K tons)
  5. Spain (15.1K tons)
  6. Turkey (14.2K tons)
  7. China (12.0K tons)
  8. Netherlands (11.3K tons)
  9. Singapore (10.5K tons)
  10. Brazil (9.9K tons)
  11. Saudi Arabia (7.6K tons)
  12. Egypt (7.6K tons)
  13. United Arab Emirates (7.4K tons)

Lubricant Additives Imports in Italy

In 2022, the amount of prepared additives for mineral oils imported into Italy shrank modestly to 151K tons, which is down by -3.1% on the year before. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by 0.4% against the previous year.

In value terms, lubricant additives imports soared to $587M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lubricant Additives in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3112602903584.8%
Germany50.231.637.746.7-2.4%
South Korea28.122.026.245.317.3%
Belgium24.228.231.542.820.9%
United States39.630.731.340.10.4%
United Kingdom25.418.210.518.3-10.4%
Netherlands27.96.57.912.2-24.1%
Spain22.04.96.38.7-26.6%
Poland0.10.11.53.1214.1%
Others11.314.116.711.71.2%
Total5404164605872.8%

Top Suppliers of Lubricant Additives to Italy in 2022:

  1. France (95.9K tons)
  2. South Korea (11.9K tons)
  3. Germany (10.6K tons)
  4. Belgium (9.5K tons)
  5. United States (8.0K tons)
  6. United Kingdom (3.9K tons)
  7. Poland (2.8K tons)
  8. Netherlands (2.5K tons)
  9. Spain (2.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lubricant additives market in Italy. 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:

  • Italy

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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