search.noResults

search.searching

note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
Figure 2.


Motor Oils Market


Russian analytical Agency “Autostat” presented an overview of the motor oils market for the CIS region. According to Victor Pushkarev, in 2016 the market demonstrated significant growth in export and slight growth in import compared to 2015 when both export and import decreased. Currently in Russia, 45% of motor oil is imported while the rest is produced by Russian producers.


At the same time, the Russian market for industrial lubricants is highly price-competitive, where alliances and customer intimacy play a crucial role. In addition to supplying cost-competitive low-tier lubricant products, Russian companies have also made great strides


in supplying premium, high-quality lubricants, thus increasing the barrier of entry for their foreign counterparts. Russian demand for industrial oils was estimated at 750 KT in 2015, and is forecast to show a modest growth, below 1.0%, over the next 5 years.


Russian companies demonstrated 19% growth of export (mainly to neighboring countries) which means they managed to take advantage of the import substitution policy and increase their share of the market.


The import dynamic is different, and here we see only slight growth in 2016 compared to 2015 and a radical decrease since 2014.


The forecast for the growth of the motor oil market in Russia for 2017-18 according to Autostat is 2,0-2,5% (PC), 3,0-3,5% (LCV), 0,5-1,0% (HCV and BUS).


An important tendency in this market is the visible growth in consumption of synthetic oils due to the growing number of modern cars in the region.


Figure 3. Continued on page 44


Figure 4.


Figure 5.


LUBE MAGAZINE NO.140 AUGUST 2017


43


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60