Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France - 2023
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France (FOB) - 2022
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France (CIF) - 2023
- Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France (FOB) - 2022
The average export price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $432 per ton in 2022, surging by 6.1% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 56% against the previous year. The export price peaked at $837 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +4.3% per year.
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France (CIF) - 2023
The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $1,014 per ton in August 2023, therefore, remained relatively stable against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 143% against the previous month. Over the period under review, average import prices attained the maximum at $1,154 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,928 per ton), while the price for Poland ($898 per ton) was amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France
In 2022, after two years of decline, there was significant growth in shipments abroad of residues; of petroleum oils or of oils obtained from bituminous mineralses, when their volume increased by 63% to 19K tons. In general, exports, however, continue to indicate a abrupt decline.
In value terms, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses skyrocketed to $8.2M in 2022. Overall, exports, however, faced a sharp setback.
| Export of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.2 | 4.6 | 3.9 | 8.1 | 243.4% |
| Spain | 1.3 | N/A | N/A | N/A | 0% |
| South Korea | 4.2 | N/A | N/A | N/A | 0% |
| Slovakia | 2.1 | N/A | N/A | N/A | 0% |
| Germany | 1.1 | 0.3 | 0.1 | N/A | -69.8% |
| China | 3.6 | 0.1 | N/A | N/A | -97.2% |
| United Kingdom | 2.7 | N/A | N/A | N/A | 0% |
| Czech Republic | 2.2 | 0.1 | 0.1 | N/A | -78.7% |
| Netherlands | 1.1 | 0.6 | 0.5 | N/A | -32.6% |
| Others | 1.0 | 0.3 | 0.2 | 0.1 | -53.6% |
| Total | 19.6 | 6.0 | 4.7 | 8.2 | -25.2% |
Top Export Markets for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals from France in 2022:
- Belgium (18.9K tons)
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France
In 2022, the amount of residues; of petroleum oils or of oils obtained from bituminous mineralses imported into France fell markedly to 6.9K tons, shrinking by -94.4% against the previous year. Over the period under review, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 4.5% against the previous year.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses declined remarkably to $5.3M in 2022. In general, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year.
| Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 1.5 | 1.7 | 2.6 | 4.2% |
| Poland | 0.8 | 0.7 | 0.9 | 1.7 | 28.6% |
| Czech Republic | 0.7 | 0.5 | 0.7 | 0.8 | 4.6% |
| Netherlands | 49.1 | 32.3 | 40.4 | 0.1 | -87.3% |
| Belgium | 1.0 | N/A | 0.1 | N/A | -68.4% |
| Others | 0.9 | 0.9 | 4.3 | N/A | 118.6% |
| Total | 54.8 | 35.9 | 48.0 | 5.3 | -54.1% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to France in 2022:
- Germany (3.4K tons)
- Poland (2.2K tons)
- Czech Republic (0.9K tons)
- Netherlands (0.3K tons)
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