Germany"s engine oil market shows significant activity, with both import and export volumes reflecting global trade trends. In 2024, Germany"s import of engine oil residues reached remarkable volumes, notably with a staggering 6,750,450 kg imported at a value of approximately $6,519,029. This substantial quantity indicates a robust demand for engine oil, driven by Germany"s automotive and industrial sectors. Similarly, export numbers highlight Germany"s role as a key supplier of petroleum products to international markets. In 2024, Germany exported an impressive 76,526,644 kg of engine oil residues, valued at $36,150,009. Such figures underscore Germany"s strategic position in global petroleum trade, emphasizing its capacity to fulfill international demands. Comparing these figures to previous years, there"s an evident increase in both import and export volumes, suggesting an upward trajectory in trade activity. The average price per kilogram for imports has shown variability, with certain imports priced as high as $0.
97 per kg, reflecting market fluctuations and possibly changes in global oil prices. The data suggests that Germany continues to balance its petroleum import and export activities effectively, maintaining its status as a major player in the global engine oil market. This balance is crucial for sustaining both domestic needs and international trade commitments. For businesses looking to engage with Germany"s petroleum market, platforms like Aritral offer valuable resources. Aritral is an AI-driven B2B platform that simplifies international trade by providing features such as Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management. These tools can enhance market entry strategies and improve trade efficiency, making it easier for companies to navigate the complex landscape of Germany"s engine oil sector.
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