Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Estonia - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Estonia (CIF) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Estonia
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Estonia (CIF) - 2022
In 2022, the average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses amounted to $1,565 per ton, shrinking by -9.4% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 784%. As a result, import price attained the peak level of $2,702 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,565 per ton), while the price for the United States stood at $1,563 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Estonia
In 2022, overseas purchases of residues; of petroleum oils or of oils obtained from bituminous mineralses were finally on the rise to reach 1.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a sharp downturn.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses skyrocketed to $2.2K in 2022. Overall, imports, however, continue to indicate a precipitous contraction.
| Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.9 | 4.3 | N/A | 2.0 | -33.8% |
| United States | 1.8 | 0.1 | N/A | 0.2 | -51.9% |
| Uzbekistan | 222 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 231 | 4.4 | N/A | 2.2 | -78.8% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Estonia in 2022:
- United Kingdom (1273.0 kg)
- United States (142.0 kg)
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