| Product Code: ETC5670465 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
El Salvador`s base oil import shipments in 2024 continued to be dominated by key exporters such as India, USA, Mexico, Spain, and Japan. The high concentration levels indicated by the Herfindahl-Hirschman Index (HHI) suggest limited market diversification. The compound annual growth rate (CAGR) for the period 2020-2024 was -3.48%, reflecting a decline in demand or supply dynamics. Furthermore, the significant negative growth rate of -25.76% from 2023 to 2024 highlights a sharp contraction in base oil imports during that period, possibly influenced by various economic or geopolitical factors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Base Oil Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Base Oil Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Base Oil Market - Industry Life Cycle |
3.4 El Salvador Base Oil Market - Porter's Five Forces |
3.5 El Salvador Base Oil Market Revenues & Volume Share, By Group, 2021 & 2031F |
3.6 El Salvador Base Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 El Salvador Base Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in El Salvador leading to higher demand for base oil |
4.2.2 Growing automotive sector in the country driving the need for lubricants and base oils |
4.2.3 Government initiatives promoting industrial growth and lubricant manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating prices of crude oil impacting the cost of base oil production |
4.3.2 Competition from imported base oils affecting local market growth |
4.3.3 Lack of technological advancements and infrastructure for efficient base oil production |
5 El Salvador Base Oil Market Trends |
6 El Salvador Base Oil Market Segmentations |
6.1 El Salvador Base Oil Market, By Group |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Base Oil Market Revenues & Volume, By Group I, 2021-2031F |
6.1.3 El Salvador Base Oil Market Revenues & Volume, By Group II, 2021-2031F |
6.1.4 El Salvador Base Oil Market Revenues & Volume, By Group III, 2021-2031F |
6.1.5 El Salvador Base Oil Market Revenues & Volume, By Group IV, 2021-2031F |
6.1.6 El Salvador Base Oil Market Revenues & Volume, By Group V, 2021-2031F |
6.2 El Salvador Base Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Base Oil Market Revenues & Volume, By Automotive Oil, 2021-2031F |
6.2.3 El Salvador Base Oil Market Revenues & Volume, By Industrial Oil, 2021-2031F |
6.2.4 El Salvador Base Oil Market Revenues & Volume, By Hydraulic Oil, 2021-2031F |
6.2.5 El Salvador Base Oil Market Revenues & Volume, By Grease, 2021-2031F |
6.2.6 El Salvador Base Oil Market Revenues & Volume, By Metalworking Fluid, 2021-2031F |
7 El Salvador Base Oil Market Import-Export Trade Statistics |
7.1 El Salvador Base Oil Market Export to Major Countries |
7.2 El Salvador Base Oil Market Imports from Major Countries |
8 El Salvador Base Oil Market Key Performance Indicators |
8.1 Average utilization rate of local base oil manufacturing plants |
8.2 Number of new industrial projects in El Salvador using base oil products |
8.3 Percentage of automotive market using locally produced base oils |
9 El Salvador Base Oil Market - Opportunity Assessment |
9.1 El Salvador Base Oil Market Opportunity Assessment, By Group, 2021 & 2031F |
9.2 El Salvador Base Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 El Salvador Base Oil Market - Competitive Landscape |
10.1 El Salvador Base Oil Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Base Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |