Anti-Knock Preparations Market

The article discusses the expected growth in the global market for anti-knock preparations over the period from 2022 to 2030. It highlights trends in consumption, production, imports, exports, and prices of anti-knock preparations. China stands out as a major player in both consumption and production, while Oman emerges as a significant exporter. The data indicates fluctuations in trends over the years, with various countries showcasing different rates of growth in different aspects of the market.

Market Forecast

Driven by increasing demand for anti-knock preparations worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.9% for the period from 2022 to 2030, which is projected to bring the market volume to 3.4M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market value to $29.3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Anti-Knock Preparations

In 2022, global consumption of anti-knock preparations rose modestly to 3.2M tons, growing by 2.7% on the previous year's figure. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.8% against 2014 indices. Over the period under review, global consumption hit record highs in 2022 and is likely to see gradual growth in the near future.

The global anti-knock preparations market value rose to $22.8B in 2022, increasing by 2.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +80.9% against 2014 indices. Over the period under review, the global market attained the maximum level in 2022 and is expected to retain growth in years to come.

Consumption By Country

China (645K tons) constituted the country with the largest volume of anti-knock preparations consumption, comprising approx. 20% of total volume. Moreover, anti-knock preparations consumption in China exceeded the figures recorded by the second-largest consumer, India (257K tons), threefold. The third position in this ranking was taken by the United States (244K tons), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume in China totaled +4.2%. In the other countries, the average annual rates were as follows: India (+3.1% per year) and the United States (-1.0% per year).

In value terms, China ($9.6B) led the market, alone. The second position in the ranking was held by Japan ($1.7B). It was followed by the United States.

In China, the anti-knock preparations market increased at an average annual rate of +5.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (+4.7% per year) and the United States (-1.4% per year).

The countries with the highest levels of anti-knock preparations per capita consumption in 2022 were Saudi Arabia (1,734 kg per 1000 persons), the UK (1,483 kg per 1000 persons) and Japan (1,066 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Saudi Arabia (with a CAGR of +13.0%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Anti-Knock Preparations

In 2022, global anti-knock preparations production stood at 3.2M tons, remaining constant against the previous year. In general, the total production indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +70.6% against 2014 indices. The pace of growth was the most pronounced in 2017 with an increase of 18% against the previous year. Global production peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, anti-knock preparations production rose slightly to $22.3B in 2022 estimated in export price. Over the period under review, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 17%. Over the period under review, global production attained the maximum level at $22.6B in 2020; however, from 2021 to 2022, production failed to regain momentum.

Production By Country

The country with the largest volume of anti-knock preparations production was China (645K tons), comprising approx. 20% of total volume. Moreover, anti-knock preparations production in China exceeded the figures recorded by the second-largest producer, India (266K tons), twofold. The third position in this ranking was held by the United States (238K tons), with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume in China amounted to +4.2%. The remaining producing countries recorded the following average annual rates of production growth: India (+3.6% per year) and the United States (-1.1% per year).

Imports

World Imports of Anti-Knock Preparations

In 2022, approx. 136K tons of anti-knock preparations were imported worldwide; rising by 88% against the previous year's figure. Overall, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, anti-knock preparations imports soared to $416M in 2022. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports By Country

Oman (32K tons), Denmark (25K tons) and Belgium (19K tons) represented roughly 55% of total imports in 2022. Poland (12K tons) ranks next in terms of the total imports with an 8.5% share, followed by the United States (8.3%). The United Arab Emirates (4.7K tons), Iraq (4.4K tons), the Netherlands (3.3K tons), the Philippines (2.9K tons) and India (2.7K tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +109.0%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Oman ($105M), Belgium ($54M) and Poland ($36M) constituted the countries with the highest levels of imports in 2022, together comprising 47% of global imports.

Among the main importing countries, Oman, with a CAGR of +117.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average anti-knock preparations import price stood at $3,061 per ton in 2022, dropping by -17.6% against the previous year. Overall, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $4,539 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($10,786 per ton), while Denmark ($341 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.1%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Anti-Knock Preparations

In 2022, overseas shipments of anti-knock preparations increased by 17% to 118K tons, rising for the third year in a row after two years of decline. Over the period under review, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 297%. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, anti-knock preparations exports soared to $586M in 2022. Overall, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports By Country

Oman represented the largest exporting country with an export of around 75K tons, which recorded 64% of total exports. Russia (14K tons) ranks second in terms of the total exports with a 12% share, followed by India (10%). The following exporters - the United States (4.9K tons), the United Arab Emirates (2.8K tons) and Kazakhstan (2.3K tons) - together made up 8.5% of total exports.

Oman was also the fastest-growing in terms of the anti-knock preparations exports, with a CAGR of +144.4% from 2012 to 2022. At the same time, the United Arab Emirates (+30.1%), Kazakhstan (+27.6%), Russia (+22.9%) and India (+17.7%) displayed positive paces of growth. By contrast, the United States (-11.2%) illustrated a downward trend over the same period. Oman (+64 p.p.), Russia (+8 p.p.), India (+4.9 p.p.), the United Arab Emirates (+1.9 p.p.) and Kazakhstan (+1.5 p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by -31.5% from 2012 to 2022, respectively.

In value terms, Oman ($421M) emerged as the largest anti-knock preparations supplier worldwide, comprising 72% of global exports. The second position in the ranking was taken by India ($44M), with a 7.5% share of global exports. It was followed by Russia, with a 7.1% share.

In Oman, anti-knock preparations exports expanded at an average annual rate of +142.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+18.6% per year) and Russia (+25.1% per year).

Export Prices By Country

In 2022, the average anti-knock preparations export price amounted to $4,982 per ton, increasing by 209% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,437 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($6,369 per ton), while Kazakhstan ($695 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform