Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Turkey - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Turkey (FOB) - 2022
- Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Turkey
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Turkey (FOB) - 2022
The average export price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $1,178 per ton in 2022, picking up by 216% against the previous year. In general, the export price posted prominent growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 763%. The export price peaked at $1,729 per ton in 2018; however, from 2019 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 Uzbekistan.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -3.6% per year.
Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Turkey
In 2022, overseas shipments of residues; of petroleum oils or of oils obtained from bituminous mineralses were finally on the rise to reach 21 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses skyrocketed to $25K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | N/A | N/A | 23.1 | 0% |
| Bulgaria | 1.1 | N/A | N/A | N/A | 0% |
| Tajikistan | N/A | 4.1 | 1.7 | N/A | -58.5% |
| Portugal | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.2 | 2.0 | 347.2% |
| Total | 1.2 | 4.1 | 1.9 | 25.1 | 175.5% |
Top Export Markets for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals from Turkey in 2022:
- Uzbekistan (21.1 tons)
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