Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Tanzania - 2022

Contents:

  1. Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Tanzania (CIF) - 2022
  2. Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Tanzania

Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Tanzania (CIF) - 2022

The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $1,693 per ton in 2022, increasing by 177% against the previous year. In general, the import price showed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +10.6% per year.

Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Tanzania

In 2022, approx. 2.5 tons of residues; of petroleum oils or of oils obtained from bituminous mineralses were imported into Tanzania; which is down by -50.8% on the previous year. Overall, imports showed a sharp setback.

In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses surged to $4.2K in 2022. In general, total imports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +36.4% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Tanzania (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
EgyptN/A4.20%
Thailand2.9N/A0%
Others0.1N/A0%
Total3.14.235.5%

Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Tanzania in 2022:

  1. Egypt (2.5 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Residues; of petroleum oils or of oils obtained from bituminous minerals - Tanzania