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

Contents:

  1. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Netherlands (FOB) - 2022
  2. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Netherlands (CIF) - 2023
  3. Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Netherlands
  4. Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Netherlands

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

The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $973 per ton in 2022, increasing by 53% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $977 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($1,285 per ton) and Saudi Arabia ($1,270 per ton), while the average price for exports to Brazil ($871 per ton) and Germany ($887 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Netherlands (CIF) - 2023

In November 2023, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $789 per ton, falling by -9.4% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 12% month-to-month. Over the period under review, average import prices attained the peak figure at $878 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the UK ($775 per ton) and the United States ($760 per ton), while the price for Algeria ($673 per ton) and Nigeria ($675 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Finland (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 32M tons of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s were exported from the Netherlands; waning by -2.5% on 2021. Over the period under review, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 11%.

In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $31.1B in 2022. In general, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the Netherlands (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria3.72.33.05.514.1%
Germany3.11.93.84.19.8%
United States3.91.73.64.00.8%
Belgium1.31.22.33.437.8%
France0.40.41.22.276.5%
Mexico0.80.70.91.933.4%
Canada1.50.71.01.62.2%
AngolaN/AN/A0.31.1266.7%
Ghana0.10.20.40.8100.0%
Brazil0.50.20.30.817.0%
Saudi Arabia0.60.50.20.75.3%
United Kingdom0.70.30.40.70.0%
Others4.43.43.54.2-1.5%
Total21.113.620.831.113.8%

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

  1. Nigeria (5.2M tons)
  2. Germany (4.6M tons)
  3. United States (4.3M tons)
  4. Belgium (3.8M tons)
  5. Mexico (1.9M tons)
  6. Canada (1.8M tons)
  7. France (1.7M tons)
  8. Angola (1.1M tons)
  9. Brazil (0.9M tons)
  10. United Kingdom (0.7M tons)
  11. Ghana (0.6M tons)
  12. Saudi Arabia (0.5M tons)

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

In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s imported into the Netherlands reduced modestly to 20M tons, shrinking by -2.2% against the previous year's figure. In general, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6%.

In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s soared to $18.6B in 2022. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Over the period under review, imports of attained the maximum 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 the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2,6802,0753,3694,48818.8%
Germany9996491,5642,19630.0%
United Kingdom2,1161,4161,2132,1851.1%
Spain6833154561,40327.1%
Russia1,4877141,2421,123-8.9%
Sweden6784087601,08116.8%
Italy65414660191912.0%
Finland40932220761914.8%
France5952013076010.3%
Norway29815123057724.6%
United States1911691,08852740.3%
Algeria1444.718945046.2%
Denmark25011921342719.5%
Others1,7351,1171,4011,9934.7%
Total12,9217,80612,84018,59012.9%

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

  1. Belgium (4.5M tons)
  2. United Kingdom (2.4M tons)
  3. Germany (2.1M tons)
  4. Spain (1.7M tons)
  5. Russia (1.3M tons)
  6. Italy (1.1M tons)
  7. Sweden (1.0M tons)
  8. Finland (0.7M tons)
  9. France (0.7M tons)
  10. Norway (0.7M tons)
  11. United States (0.6M tons)
  12. Algeria (0.6M tons)
  13. Denmark (0.4M tons)

Source: IndexBox Market Intelligence Platform

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