Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States (FOB) - 2023
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States (CIF) - 2023
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States (FOB) - 2023
The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $625 per ton in December 2023, reducing by -5.4% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 9.8% m-o-m. As a result, the export price reached the peak level of $764 per ton. From September 2023 to December 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In December 2023, the countries with the highest prices were Costa Rica ($729 per ton) and Chile ($702 per ton), while the average price for exports to Belgium ($497 per ton) and Venezuela ($541 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+0.9%), 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 United States (CIF) - 2023
In December 2023, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $690 per ton, reducing by -3.7% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 7.4% against the previous month. As a result, import price reached the peak level of $824 per ton. From September 2023 to December 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Norway ($791 per ton) and Spain ($751 per ton), while the price for Canada ($649 per ton) and Bahamas ($657 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States
In 2022, overseas shipments of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s decreased by -7% to 71M tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 76M tons, and then contracted in the following year.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $56.2B in 2022. Over the period under review, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 15.2 | 9.1 | 15.2 | 21.5 | 12.3% |
| Canada | 5.7 | 4.7 | 7.5 | 10.5 | 22.6% |
| Brazil | 2.4 | 2.1 | 3.6 | 3.3 | 11.2% |
| Colombia | 1.7 | 1.2 | 2.1 | 3.1 | 22.2% |
| Chile | 0.2 | 0.2 | 0.7 | 2.1 | 119.0% |
| Guatemala | 1.0 | 0.8 | 1.4 | 1.8 | 21.6% |
| Peru | 0.5 | 0.5 | 0.9 | 1.5 | 44.2% |
| Netherlands | 0.5 | 0.5 | 1.4 | 1.3 | 37.5% |
| Bahamas | 0.1 | 0.1 | 0.3 | 1.2 | 128.9% |
| Ecuador | 0.9 | 0.4 | 0.5 | 1.2 | 10.1% |
| Panama | 0.5 | 0.5 | 0.7 | 1.0 | 26.0% |
| Costa Rica | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| South Korea | 0.6 | 0.7 | 1.2 | 0.3 | -20.6% |
| Others | 4.7 | 3.0 | 5.9 | 6.7 | 12.5% |
| Total | 34.5 | 24.0 | 42.2 | 56.2 | 17.7% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from the United States in 2022:
- Mexico (26.1M tons)
- Canada (14.3M tons)
- Brazil (4.4M tons)
- Colombia (3.9M tons)
- Chile (2.5M tons)
- Guatemala (2.2M tons)
- Netherlands (1.8M tons)
- Peru (1.8M tons)
- Bahamas (1.5M tons)
- Ecuador (1.4M tons)
- Panama (1.2M tons)
- Costa Rica (1.1M tons)
- South Korea (0.4M tons)
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in the United States
In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s imported into the United States declined rapidly to 36M tons, falling by -17.2% on 2021 figures. Overall, imports showed a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of 43M tons, and then contracted notably in the following year.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s soared to $32.3B in 2022. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 104%. 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 the United States (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 4.6 | 2.8 | 4.6 | 5.5 | 6.1% |
| Netherlands | 2.8 | 1.2 | 3.4 | 3.1 | 3.5% |
| India | 2.1 | 1.2 | 2.1 | 3.1 | 13.9% |
| United Kingdom | 2.3 | 0.9 | 1.8 | 2.9 | 8.0% |
| Italy | 0.9 | 0.5 | 1.3 | 1.9 | 28.3% |
| Spain | 1.2 | 0.6 | 1.0 | 1.9 | 16.6% |
| Saudi Arabia | 0.2 | 0.1 | 0.7 | 1.4 | 91.3% |
| Bahamas | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| Portugal | 0.8 | 0.5 | 0.8 | 1.1 | 11.2% |
| Finland | 0.9 | 0.3 | 0.6 | 1.1 | 6.9% |
| France | 0.8 | 0.4 | 0.7 | 1.1 | 11.2% |
| Belgium | 0.8 | 0.3 | 0.7 | 1.0 | 7.7% |
| Norway | 0.9 | 0.2 | 0.7 | 1.0 | 3.6% |
| Others | 7.3 | 3.5 | 7.1 | 6.2 | -5.3% |
| Total | 25.6 | 12.5 | 25.6 | 32.3 | 8.1% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to the United States in 2022:
- Canada (6.1M tons)
- Netherlands (3.5M tons)
- United Kingdom (3.2M tons)
- India (3.0M tons)
- Italy (2.1M tons)
- Spain (2.1M tons)
- Saudi Arabia (1.4M tons)
- Bahamas (1.3M tons)
- France (1.3M tons)
- Portugal (1.2M tons)
- Finland (1.2M tons)
- Norway (1.2M tons)
- Belgium (1.0M tons)
453
This report provides an in-depth analysis of the market for processed petroleum oils and distillates in the U.S..
472
This report provides an in-depth analysis of the ammonium chloride market in the U.S..
447
This report provides an in-depth analysis of the market for gas and smoke analyser in the U.S..
302
This report provides an in-depth analysis of the fork-lift truck market in the U.S..
135
This report provides an in-depth analysis of the market for crude oil and processed petroleum in the U.S..
758
This report provides an in-depth analysis of the global market for processed petroleum oils and distillates.
870
This report provides an in-depth analysis of the global ammonium chloride market.
610
This report provides an in-depth analysis of the global market for gas and smoke analyser.
322
This report provides an in-depth analysis of the global fork-lift truck market.
182
This report provides an in-depth analysis of the global market for crude oil and processed petroleum.
1339
In August 2022, the ammonium chloride price per ton stood at $1,628, waning by -6.6% against the previous month.
123
Explore the top import markets for processed petroleum oils and distillates in the global market. Learn about key statistics and numbers that drive this industry.
347
Discover the top import markets for fork-lift trucks worldwide. Explore key statistics, market values, and the importance of these countries in the global market. Gain insights from IndexBox market intelligence platform.
123
Explore the top import markets for processed petroleum oils and distillates in the global market. Learn about key statistics and numbers that drive this industry.
