Peru - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLubricating Oil Additive Price in Peru - 2021
Contents:
- Lubricating Oil Additive Price in Peru (CIF) - 2021
- Lubricating Oil Additive Price in Peru (FOB) - 2022
- Lubricating Oil Additive Imports in Peru
- Lubricating Oil Additive Exports in Peru
Lubricating Oil Additive Price in Peru (CIF) - 2021
In April 2020, the average lubricating oil additive import price amounted to $3,589 per ton, which is down by -2.2% against the previous month. In general, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in March 2020 when the average import price increased by 1.4% m-o-m. Over the period under review, average import prices hit record highs at $3,874 per ton in January 2020; however, from February 2020 to April 2020, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($4,276 per ton), while the price for Brazil ($2,249 per ton) was amongst the lowest.
From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Brazil (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Lubricating Oil Additive Price in Peru (FOB) - 2022
The average lubricating oil additive export price stood at $4,936 per ton in 2022, growing by 80% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $5,300 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($11,354 per ton), while the average price for exports to Spain ($3,753 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 Spain (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricating Oil Additive Imports in Peru
In 2022, the amount of additives for lubricating oils imported into Peru soared to 15K tons, rising by 74% on the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lubricating oil additive imports surged to $62M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Lubricating Oil Additive in Peru (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 27.9 | 17.9 | 27.3 | 50.3 | 21.7% |
Brazil | 0.1 | 0.2 | 1.3 | 2.4 | 188.4% |
China | 0.1 | N/A | 1.1 | 2.0 | 171.4% |
United Kingdom | 1.0 | 0.4 | 1.0 | 1.9 | 23.9% |
Others | 2.4 | 1.1 | 2.7 | 4.9 | 26.9% |
Total | 31.5 | 19.7 | 33.4 | 61.6 | 25.1% |
Top Suppliers of Lubricating Oil Additive to Peru in 2022:
- United States (12.9K tons)
- Brazil (0.5K tons)
- United Kingdom (0.5K tons)
- China (0.3K tons)
Lubricating Oil Additive Exports in Peru
In 2022, after three years of growth, there was significant decline in overseas shipments of additives for lubricating oils, when their volume decreased by -43.9% to 87 tons. Overall, exports, however, recorded a resilient increase. The growth pace was the most rapid in 2020 with an increase of 171%.
In value terms, lubricating oil additive exports reached $428K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 99%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Lubricating Oil Additive in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 40.3 | 255 | 304 | 291 | 93.3% |
Ecuador | 78.5 | 47.1 | 42.2 | 52.4 | -12.6% |
Colombia | 3.5 | 20.7 | 50.7 | 48.6 | 140.4% |
Bolivia | 25.0 | 35.6 | 10.4 | 22.2 | -3.9% |
Spain | 2.7 | 0.9 | 6.7 | 6.5 | 34.0% |
Others | 32.2 | 2.8 | 10.1 | 7.7 | -37.9% |
Total | 182 | 362 | 424 | 428 | 33.0% |
Top Export Markets for Lubricating Oil Additive from Peru in 2022:
- Chile (68.0 tons)
- Ecuador (8.2 tons)
- Colombia (4.3 tons)
- Bolivia (3.1 tons)
- Spain (1.7 tons)
This report provides an in-depth analysis of the lubricating oil additive market in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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 Peru.
This report provides an in-depth analysis of the lubricant additives market in Peru.
This report provides an in-depth analysis of the anti-knock preparations market in Peru.
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 Peru.
This report provides an in-depth analysis of the lubricant additives market in Peru.
This report provides an in-depth analysis of the anti-knock preparations market in Peru.
This report provides an in-depth analysis of the global lubricating oil additive market.
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