Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ireland - 2023
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ireland (CIF) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ireland
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ireland (CIF) - 2022
The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $236 per ton in 2022, almost unchanged from the previous year. In general, the import price, however, recorded a mild slump. The growth pace was the most rapid in 2018 when the average import price increased by 8.4%. Over the period under review, average import prices reached the peak figure at $280 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -3.7% per year.
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ireland
In 2022, overseas purchases of residues; of petroleum oils or of oils obtained from bituminous mineralses decreased by -81.7% to 77 tons, falling for the second consecutive year after two years of growth. In general, imports faced a significant decrease. The pace of growth was the most pronounced in 2020 when imports increased by 89%. As a result, imports attained the peak of 541 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses shrank sharply to $18K in 2022. Overall, imports saw a significant contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 91% against the previous year. As a result, imports attained the peak of $125K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 62.3 | 125 | 96.3 | 18.1 | -33.8% |
| Others | 3.2 | N/A | 1.6 | N/A | -29.3% |
| Total | 65.5 | 125 | 97.9 | 18.1 | -34.9% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Ireland in 2022:
- United Kingdom (76.5 tons)
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