Sharp Drop The economic crisis was reflected strongly in the lu- 9.1 SALE OF FINISHED LUBRICATING OILS bricating oils sector last year where sales dropped from In thousand m 1.5 million cubic meters in 2014 to 1.3 million cubic me1.518 ters in 2015, representing an 8.6% decline. The fall can be 1.388 attributed to dwindling industrial production, a reduction in truck hauling operations, the slowdown in the demand for diesel cycle lubricants and lower household income that resulted the postponement of vehicle oil changes. 3
This result did not correspond with the expectations 2014 2015 of the sector’s agents since, historically, the demand for Source: ANP lubricants sits slightly above the GDP, which declined by 3.8% last year. The expectation was for a reduction of 4% at most for lubricant sales. In addition, 2015 was a year when the market was adapting to ANP Resolution 22/2014, which set the criteria for the registration of lubricants, greases and additives, including the definition of responsibilities and obligations of producers and importers. Because they are considered outdated, new maximum time limits were established for distribution and marketing of lubricants in the API SF, API CF, API SJ, API CG4 and ACEA categories by June 30, 2015 and June 30, 2017, respectively. For this year, one of Sindilub’s main concerns is regulation of bulk lubricant sales, especially at the retail level, since it opens up a window for the marketing of this type of product without any control.
Fewer agents Last year, the total number of agents in the 2014 9.2 SECTOR AGENTS market declined by 6% from 2014, to 335 parProducers 125 ticipants between producers, re-refiners-collectors Collectors 30 and importers. The import segment alone added Re-refiners 15 new companies, to a total of 205; i.e., 21 new parImporters 184 ticipants. However, according to the registration Source: ANP records with the ANP, there was no information about whether the imported products were intended to be sold or for own consumption. The number of collecting companies and producers decreased and the number of re-refiners was stable.
2015
94 21 15 205
Annual Fuel Retail Report 2016
65