Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland - 2024
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland (CIF) - 2024
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland (CIF) - 2024
In November 2023, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $932 per ton, waning by -1.6% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 10% m-o-m. As a result, import price attained the peak level of $1,046 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the Netherlands ($939 per ton) and Belgium ($939 per ton), while the price for Italy ($881 per ton) and Austria ($905 per ton) were amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland (FOB) - 2022
In 2022, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,831 per ton, picking up by 30% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s increased by +78.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 51% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($3,735 per ton), while the average price for exports to Germany ($380 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 Italy (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland
For the third consecutive year, Switzerland recorded decline in purchases abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s, which decreased by -13.5% to 1.3M tons in 2022. Over the period under review, imports continue to indicate a deep contraction. The smallest decline of -1.2% was in 2021.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $1.4B in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +112.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 701 | 489 | 848 | 1,151 | 18.0% |
| Italy | 197 | 89.3 | 108 | 136 | -11.6% |
| Netherlands | 97.0 | 17.6 | 77.2 | 52.9 | -18.3% |
| Austria | 28.5 | 33.3 | 29.0 | 28.7 | 0.2% |
| Belgium | 48.4 | 9.1 | 11.0 | 9.5 | -41.9% |
| Others | 57.2 | 19.0 | 12.9 | 16.8 | -33.5% |
| Total | 1,129 | 657 | 1,087 | 1,395 | 7.3% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Switzerland in 2022:
- Germany (1072.0K tons)
- Italy (131.4K tons)
- Netherlands (48.1K tons)
- Austria (31.5K tons)
- Belgium (7.5K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland
In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s exported from Switzerland declined markedly to 9.9K tons, which is down by -37.4% against the previous year's figure. In general, exports faced a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 0.7%.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s declined notably to $18M in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 4.2% against the previous year.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 0.7 | 0.4 | 0.5 | 4.5 | 85.9% |
| France | 2.3 | 2.9 | 2.7 | 1.7 | -9.6% |
| Italy | 1.1 | 1.4 | 0.9 | 1.4 | 8.4% |
| Germany | 11.5 | 7.2 | 2.4 | 1.1 | -54.3% |
| Israel | 0.4 | 0.4 | 0.3 | 0.7 | 20.5% |
| Netherlands | 0.7 | 0.7 | 6.1 | 0.6 | -5.0% |
| Poland | 0.2 | 0.6 | 0.4 | 0.6 | 44.2% |
| Sweden | 0.5 | 0.5 | 0.4 | 0.6 | 6.3% |
| United Kingdom | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| Others | 8.0 | 6.7 | 8.0 | 6.1 | -8.6% |
| Total | 25.8 | 21.3 | 22.1 | 18.1 | -11.1% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Switzerland in 2022:
- Austria (3247.5 tons)
- Germany (3008.4 tons)
- France (500.9 tons)
- Italy (413.8 tons)
- Israel (244.0 tons)
- United Kingdom (207.0 tons)
- Netherlands (203.9 tons)
- Poland (188.2 tons)
- Sweden (173.8 tons)
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