Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus (CIF) - 2022
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus (FOB) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus
- Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus (CIF) - 2022
The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $328 per ton in April 2021, falling by -4.7% against the previous month. Over the period from January 2021 to April 2021, it increased at an average monthly rate of +10.6%. The pace of growth was the most pronounced in February 2021 an increase of 28% month-to-month. Over the period under review, average import prices attained the maximum at $344 per ton in March 2021, and then declined modestly in the following month.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From January 2021 to April 2021, the rate of growth in terms of prices for Russia amounted to +10.4% per month.
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus (FOB) - 2022
The average export price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $322 per ton in April 2021, remaining relatively unchanged against the previous month. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in February 2021 an increase of 10% month-to-month. As a result, the export price reached the peak level of $415 per ton. From March 2021 to April 2021, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Latvia.
From January 2021 to April 2021, the rate of growth in terms of prices for Ukraine amounted to +11.6% per month.
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus
Imports of residues; of petroleum oils or of oils obtained from bituminous mineralses into Belarus fell dramatically to 15K tons in 2022, reducing by -36.9% on the previous year. Over the period under review, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 95%.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses contracted sharply to $5.5M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 219% against the previous year. As a result, imports reached the peak of $8.4M, and then dropped sharply in the following year.
| Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.7 | 2.4 | 8.4 | 5.5 | -1.2% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 5.7 | 2.6 | 8.4 | 5.5 | -1.2% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Belarus in 2022:
- Russia (14.6K tons)
Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus
After two years of decline, shipments abroad of residues; of petroleum oils or of oils obtained from bituminous mineralses increased by 24% to 5.9K tons in 2022. Over the period under review, exports, however, recorded a deep contraction.
In value terms, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses fell to $1.6M in 2022. In general, exports, however, recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year.
| Export of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 320 | 287 | 340 | 352 | 3.2% |
| United Kingdom | 129 | 370 | 383 | 347 | 39.1% |
| Russia | 159 | 148 | 222 | 239 | 14.6% |
| Netherlands | 283 | 230 | 248 | 233 | -6.3% |
| Kazakhstan | 68.2 | 149 | 148 | 128 | 23.4% |
| Latvia | 109 | 81.3 | 76.4 | 69.1 | -14.1% |
| Lithuania | 139 | 94.8 | 85.9 | 68.0 | -21.2% |
| China | 804 | N/A | N/A | N/A | 0% |
| Finland | 1,087 | N/A | N/A | N/A | 0% |
| Others | 142 | 123 | 140 | 128 | -3.4% |
| Total | 3,240 | 1,483 | 1,643 | 1,563 | -21.6% |
Top Export Markets for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals from Belarus in 2022:
- United Kingdom (2733.7 tons)
- Poland (684.1 tons)
- Russia (680.7 tons)
- Kazakhstan (543.2 tons)
- Netherlands (537.2 tons)
- Lithuania (316.7 tons)
- Latvia (180.6 tons)
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