Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Mexico - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Mexico (CIF) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Mexico
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Mexico (CIF) - 2022
The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $442 per ton in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2018 when the average import price increased by 77% against the previous year. As a result, import price reached the peak level of $618 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.7% per year.
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Mexico
For the third consecutive year, Mexico recorded decline in purchases abroad of residues; of petroleum oils or of oils obtained from bituminous mineralses, which decreased by 0% to 1.7K tons in 2022. In general, imports showed a dramatic curtailment. The smallest decline of -25.7% was in 2020.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $751K in 2022. Over the period under review, imports faced a sharp decrease. The smallest decline of -45.2% was in 2020.
| Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 1.5 | N/A | 0.7 | -36.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.7 | 1.5 | N/A | 0.8 | -33.3% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Mexico in 2022:
- United States (1701.1 tons)
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