Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina - 2023

Contents:

  1. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina (CIF) - 2022
  2. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina (FOB) - 2022
  3. Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina
  4. Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina (CIF) - 2022

The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,182 per ton in 2022, rising by 28% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46%. The import price peaked at $1,287 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($1,385 per ton) and Finland ($1,278 per ton), while the price for Italy ($937 per ton) and Spain ($977 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina (FOB) - 2022

The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $785 per ton in 2022, growing by 21% against the previous year. Overall, the export price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2021 an increase of 57% against the previous year. The export price peaked at $913 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($924 per ton), while the average price for exports to Bolivia ($577 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+21.1%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina

In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s imported into Argentina soared to 921K tons, jumping by 112% on the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $1.1B in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands19636.916234721.0%
Finland3.19.327.0330373.9%
BelgiumN/A20.9N/A100118.7%
ItalyN/AN/A28.990.4212.8%
TurkeyN/AN/AN/A85.90%
United States39.052.522.549.48.2%
SpainN/AN/A15128.8-80.9%
United Kingdom55.5N/AN/A25.9-22.4%
Others67.927.411.030.8-23.2%
Total3621474021,08844.3%

Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Argentina in 2022:

  1. Netherlands (288.4K tons)
  2. Finland (258.3K tons)
  3. Italy (96.4K tons)
  4. Belgium (94.7K tons)
  5. Turkey (67.7K tons)
  6. United States (35.7K tons)
  7. Spain (29.5K tons)
  8. United Kingdom (28.4K tons)

Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina

In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s exported from Argentina rose notably to 878K tons, picking up by 12% against the previous year. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $689M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay14014927227725.5%
United States27.514.814.012465.2%
EcuadorN/AN/A113100-11.5%
Brazil19712044.183.9-24.8%
NetherlandsN/A23.322.635.323.1%
BelgiumN/AN/AN/A27.60%
Bolivia7.8N/A23.616.027.1%
Others17.620.421.125.413.0%
Total39032851068920.9%

Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Argentina in 2022:

  1. Paraguay (299.2K tons)
  2. United States (200.0K tons)
  3. Ecuador (128.1K tons)
  4. Brazil (105.9K tons)
  5. Netherlands (58.0K tons)
  6. Belgium (32.6K tons)
  7. Bolivia (27.8K tons)

Source: IndexBox Market Intelligence Platform

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