Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile - 2024
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile (CIF) - 2024
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile (CIF) - 2024
In November 2023, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $977 per ton, shrinking by -3.2% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in February 2023 an increase of 14% month-to-month. The import price peaked at $1,170 per ton in September 2023; however, from October 2023 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From January 2023 to November 2023, the rate of growth in terms of prices for the United States amounted to +1.2% per month.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile (FOB) - 2022
In 2022, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,010 per ton, rising by 66% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $1,011 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($1,379 per ton), while the average price for exports to Peru ($532 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 Bolivia (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile
For the fourth year in a row, Chile recorded growth in purchases abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s, which increased by 89% to 1.9M tons in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 177% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $2.1B in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 412%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 230 | 134 | 772 | 2,089 | 108.6% |
| Others | 2.9 | 22.0 | 24.4 | 27.0 | 110.4% |
| Total | 233 | 156 | 797 | 2,116 | 108.6% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Chile in 2022:
- United States (1869.8K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile
In 2022, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s from Chile fell rapidly to 25K tons, dropping by -74.5% compared with the previous year's figure. In general, exports showed a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 1,033% against the previous year. As a result, the exports reached the peak of 98K tons, and then shrank dramatically in the following year.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s reduced notably to $25M in 2022. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 746%. As a result, the exports attained the peak of $60M, and then reduced markedly in the following year.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.3 | N/A | 17.8 | 23.0 | 4.3% |
| Bolivia | 9.9 | 6.9 | 0.1 | 2.3 | -38.5% |
| Guatemala | N/A | N/A | 2.5 | N/A | 0% |
| Bahamas | N/A | N/A | 14.1 | N/A | 0% |
| Panama | N/A | N/A | 25.0 | N/A | 0% |
| Singapore | 10.7 | N/A | N/A | N/A | 0% |
| Others | 1.9 | 0.2 | 0.2 | 0.1 | -62.5% |
| Total | 42.8 | 7.1 | 59.8 | 25.4 | -16.0% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Chile in 2022:
- United States (23.3K tons)
- Bolivia (1.7K tons)
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