Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal (FOB) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal (CIF) - 2022
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal (FOB) - 2022
The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $949 per ton in 2022, growing by 48% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 54%. Over the period under review, the average export prices attained the peak figure at $978 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($983 per ton) and the Netherlands ($962 per ton), while the average price for exports to Gibraltar ($676 per ton) and the UK ($767 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal (CIF) - 2022
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,044 per ton in 2022, picking up by 42% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 89%. The import price peaked at $1,053 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,073 per ton), while the price for the Netherlands ($747 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal
Exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s from Portugal expanded modestly to 1.7M tons in 2022, increasing by 2.4% against the year before. Overall, exports, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s soared to $1.7B in 2022. In general, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 74%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 784 | 445 | 763 | 1,038 | 9.8% |
| Netherlands | 197 | 83.4 | 196 | 383 | 24.8% |
| Spain | 19.2 | 21.1 | 52.7 | 71.1 | 54.7% |
| Gibraltar | 77.0 | N/A | N/A | 58.9 | -8.5% |
| Belgium | 14.2 | 48.7 | 67.7 | 41.2 | 42.6% |
| United Kingdom | 5.3 | N/A | N/A | 28.2 | 74.6% |
| Others | 22.9 | 29.2 | 15.5 | 35.1 | 15.3% |
| Total | 1,119 | 627 | 1,094 | 1,655 | 13.9% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Portugal in 2022:
- United States (1056.0K tons)
- Netherlands (398.0K tons)
- Gibraltar (87.1K tons)
- Spain (83.9K tons)
- Belgium (44.4K tons)
- United Kingdom (36.8K tons)
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal
In 2022, overseas purchases of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s decreased by -34.1% to 271K tons, falling for the second year in a row after two years of growth. Overall, imports showed a slight setback. The growth pace was the most rapid in 2020 when imports increased by 73% against the previous year. As a result, imports attained the peak of 485K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s shrank to $283M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of $302M, and then shrank in the following year.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 145 | 150 | 197 | 234 | 17.3% |
| Belgium | 11.6 | 8.9 | 10.8 | 22.7 | 25.1% |
| Netherlands | 20.0 | 4.9 | 9.9 | 19.1 | -1.5% |
| Russia | N/A | 15.6 | 8.0 | N/A | -48.7% |
| Algeria | 12.1 | N/A | 29.3 | N/A | 55.6% |
| Israel | N/A | 4.7 | N/A | N/A | 0% |
| Others | 5.6 | 4.6 | 46.8 | 7.2 | 8.7% |
| Total | 195 | 189 | 302 | 283 | 13.2% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Portugal in 2022:
- Spain (218.1K tons)
- Netherlands (25.5K tons)
- Belgium (23.5K tons)
324
This report provides an in-depth analysis of the market for processed petroleum oils and distillates in Portugal.
341
This report provides an in-depth analysis of the ammonium chloride market in Portugal.
355
This report provides an in-depth analysis of the market for gas and smoke analyser in Portugal.
230
This report provides an in-depth analysis of the fork-lift truck market in Portugal.
142
This report provides an in-depth analysis of the market for crude oil and processed petroleum in Portugal.
731
This report provides an in-depth analysis of the global market for processed petroleum oils and distillates.
837
This report provides an in-depth analysis of the global ammonium chloride market.
588
This report provides an in-depth analysis of the global market for gas and smoke analyser.
301
This report provides an in-depth analysis of the global fork-lift truck market.
147
This report provides an in-depth analysis of the global market for crude oil and processed petroleum.
