By Type (Engine Oil, Gear Oil, Transmission Fluids, Brake Fluids, Greases, Coolants & Antifreezes, Others), By Base Oil (Mineral Oil Lubricants, Synthetic Lubricants, Semi-Synthetic Lubricants), By Ve... ... c Lubricants), By Vehicle Type (Two-Wheelers, Passenger Cars, Commercial Vehicles), By Country (Ethiopia, Kenya, Somalia, Tanzania, Uganda, South Sudan, Others), By Company (Total Energies-Kenya, Shell-Kenya, Kenol Kobil, Vevo Energy, Rubis Energy Uganda, Puma Energy Tanazania, Oryx Energies, Yetebaberut Beherawi Petroleum (YBP), East Africa Gasoil Ltd., Africa Fuel & Lubricants Ltd., Others) Read more
- Automotive
- May 2023
- 189
- PDF, Excel, PPT
Market Definition
Automotive lubricants are liquids/fluids used in internal combustion engines to reduce the friction, overheating, and wear & tear that occurs during the functioning of the motor. They are manufactured from different materials, including natural, synthetic, and semi-synthetic, which offer different degrees of protection to the engine parts.
Market Insights & Analysis: East Africa Automotive Lubricants Market (2023-28)
The East Africa Automotive Lubricants market is projected to grow at a CAGR of around 4.83% during the forecast period, i.e., 2023-28. Some of the factors that have attributed to the growth of the market are expanding vehicle ownership in the East African countries with the increase in disposable income as well as improving road infrastructure. These improvements in the East African countries have led to encouraging customers to own vehicles, which has resulted in enhancing the vehicle fleet on the road, subsequently promoting the demand for automotive lubricants.
Additionally, the countries such as Ethiopia, Somalia, Kenya, Tanzania, etc., are sizeable markets for second-hand/pre-owned cars & motorcycles that are imported to these countries from Asia & Middle Eastern countries. These pre-owned vehicles are priced economically, compared to new vehicles, thereby improving the affordability of the customers to purchase new vehicles.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-28) | 4.83 % |
| Country Covered | Ethiopia, Kenya, Somalia, Tanzania, Uganda, South Sudan, Others |
| Key Companies Profiled | Total Energies-Kenya, Shell-Kenya, Kenol Kobil, Vevo Energy, Rubis Energy Uganda, Puma Energy Tanazania, Oryx Energies, Yetebaberut Beherawi Petroleum (YBP), East Africa Gasoil Ltd., Africa Fuel & Lubricants Ltd., Others |
| Unit Denominations | USD Million/Billion |
According to Kenya Auto Bazaar Association, the sales of used/second-hand cars have risen by 30% in the first three months of 2022, which is further expected to grow with the lower availability of new cars in the country. Various models such as Toyota Harrier, Toyota Fielder & Toyota Premio, and Nissan Sylphy are prevailing, with their sales in the Used Automotive Vehicle market in Kenya.
Additionally, two-wheeler sales in the economy price range are another crucial reason why vehicle ownership among consumers has grown, thereby promoting the sales of these lubricants in the East African market. However, the sales of automotive as well as their lubricants were impacted in the year 2020 due to the COVID-19 pandemic. COVID-19 led to the cessation of economic activities in the major vehicle manufacturing & exporting countries across the globe, hence affecting the availability of vehicles in the respective East African countries. Nevertheless, with the revival in economic activities & the surge in the inflow of automotive vehicles, the market for this lubricant has exhibited a rapid upsurge, which is expected to continue in the forecast years, i.e., 2023-28.
- Market Segmentation
- Introduction
- Research Process
- Assumption
- Market Definition
- Executive Summary
- East Africa Automotive Lubricants Market Trends & Insights
- East Africa Automotive Lubricants Market Dynamics
- Growth Drivers
- Challenges
- East Africa Automotive Lubricants Market Hotspot and Opportunities
- East Africa Automotive Lubricants Market Supply Chain Analysis
- East Africa Automotive Lubricants Market Outlook, 2018-2028F
- Market Size and Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share and Analysis
- By Type
- Engine Oil
- Gear Oil
- Transmission Fluids
- Brake Fluids
- Greases
- Coolants & Antifreezes
- Others (Additives, Oil Bender, etc.)
- By Base Oil
- Mineral Oil Lubricants
- Synthetic Lubricants
- Semi-Synthetic Lubricants
- By Vehicle Type
- Two-Wheelers
- Passenger Cars
- Commercial Vehicles
- Light Commercial Vehicles
- Medium & Heavy Commercial Vehicles
- By Country
- Ethiopia
- Kenya
- Somalia
- Tanzania
- Uganda
- South Sudan
- Others
- By Company
- Competition Characteristics
- Market Share & Analysis
- By Type
- Market Size and Analysis
- Ethiopia Automotive Lubricants Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues
- By Volume
- Market Share and Analysis
- By Type
- By Vehicle Type
- Market Size & Analysis
- Kenya Automotive Lubricants Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues
- By Volume
- Market Share and Analysis
- By Type
- By Vehicle Type
- Market Size & Analysis
- Somalia Automotive Lubricants Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues
- By Volume
- Market Share and Analysis
- By Type
- By Vehicle Type
- Market Size & Analysis
- Tanzania Automotive Lubricants Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues
- By Volume
- Market Share and Analysis
- By Type
- By Vehicle Type
- Market Size & Analysis
- Uganda Automotive Lubricants Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues
- By Volume
- Market Share and Analysis
- By Type
- By Vehicle Type
- Market Size & Analysis
- South Sudan Automotive Lubricants Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues
- By Volume
- Market Share and Analysis
- By Type
- By Vehicle Type
- Market Size & Analysis
- East Africa Automotive Lubricants Market Key Strategic Imperatives for Success and Growth
- Competitive Outlook
- Competition Matrix
- Material Type Portfolio
- Brand Specialization
- Target Markets
- Target Material Types
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles (Business Description, Material Type Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- Total Energies-Kenya
- Shell-Kenya
- Kenol Kobil
- Vevo Energy
- Rubis Energy Uganda
- Puma Energy Tanazania
- Oryx Energies
- Yetebaberut Beherawi Petroleum (YBP)
- East Africa Gasoil Ltd.
- Africa Fuel & Lubricants Ltd.
- Others
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making