Petroleum Jelly Price in the Netherlands - 2023
Contents:
- Petroleum Jelly Price in the Netherlands (CIF) - 2022
- Petroleum Jelly Price in the Netherlands (FOB) - 2023
- Petroleum Jelly Imports in the Netherlands
- Petroleum Jelly Exports in the Netherlands
Petroleum Jelly Price in the Netherlands (CIF) - 2022
In 2022, the average petroleum jelly import price amounted to $3,458 per ton, rising by 27% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price 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, petroleum jelly import price increased by +63.0% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($3,832 per ton) and the UK ($3,766 per ton), while the price for Germany ($3,171 per ton) and the United States ($3,280 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum Jelly Price in the Netherlands (FOB) - 2023
In August 2023, the average petroleum jelly export price amounted to $2,854 per ton, rising by 1.7% against the previous month. Overall, the export price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in December 2022 an increase of 10% month-to-month. As a result, the export price attained the peak level of $3,544 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Belgium ($3,649 per ton), while the average price for exports to Senegal ($1,816 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum Jelly Imports in the Netherlands
In 2022, petroleum jelly imports into the Netherlands shrank notably to 2.3K tons, dropping by -44.7% on the year before. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 10%.
In value terms, petroleum jelly imports fell significantly to $7.9M in 2022. Over the period under review, imports showed a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Petroleum Jelly in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.2 | 6.0 | 7.0 | 2.2 | -19.4% |
| United Kingdom | 0.2 | 0.4 | N/A | 1.7 | 104.1% |
| United States | 0.6 | N/A | 0.8 | 1.5 | 35.7% |
| Belgium | 1.5 | 1.7 | 1.6 | 1.4 | -2.3% |
| Italy | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| France | 0.3 | 0.4 | 0.1 | 0.3 | 0.0% |
| India | 1.2 | 1.2 | 0.1 | 0.1 | -56.3% |
| Others | 1.0 | 1.7 | 1.3 | 0.5 | -20.6% |
| Total | 9.1 | 11.5 | 11.2 | 7.9 | -4.6% |
Top Suppliers of Petroleum Jelly to the Netherlands in 2022:
- Germany (689.2 tons)
- United States (448.9 tons)
- United Kingdom (441.9 tons)
- Belgium (373.4 tons)
- France (89.5 tons)
- Italy (65.7 tons)
- India (24.2 tons)
Petroleum Jelly Exports in the Netherlands
In 2022, overseas shipments of petroleum jellies increased by 152% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a perceptible reduction.
In value terms, petroleum jelly exports skyrocketed to $8.1M in 2022. In general, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Petroleum Jelly in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2,991 | 12.1 | 3.1 | 4,214 | 12.1% |
| Germany | 330 | 461 | 243 | 751 | 31.5% |
| Bangladesh | N/A | 298 | 321 | 636 | 46.1% |
| Czech Republic | 684 | 730 | 602 | 467 | -11.9% |
| Congo | N/A | N/A | N/A | 461 | 0% |
| Denmark | 234 | 370 | 195 | 342 | 13.5% |
| South Korea | 224 | 197 | 129 | 242 | 2.6% |
| Slovenia | N/A | 221 | 157 | 57.8 | -48.9% |
| Sweden | 548 | 33.4 | 27.4 | 54.2 | -53.8% |
| United Kingdom | 400 | 355 | 18.2 | 7.8 | -73.1% |
| Ghana | 177 | N/A | N/A | N/A | 0% |
| Others | 1,049 | 735 | 810 | 850 | -6.8% |
| Total | 6,638 | 3,411 | 2,506 | 8,081 | 6.8% |
Top Export Markets for Petroleum Jelly from the Netherlands in 2022:
- Belgium (1195.7 tons)
- Germany (355.6 tons)
- Congo (251.6 tons)
- Bangladesh (235.0 tons)
- Czech Republic (218.7 tons)
- Denmark (102.8 tons)
- South Korea (79.9 tons)
- Sweden (26.6 tons)
- Slovenia (20.7 tons)
- United Kingdom (2.5 tons)
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