Which Country Imports the Most Petroleum Cok and Petroleum Bitumen in the World?

Global petroleum cok and petroleum bitumen imports stood at X tonnes in 2016, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2015, when imports increased by X% year-to-year. Global petroleum cok and petroleum bitumen import peaked in 2016, and are likely to see steady growth in the immediate term.

In value terms, petroleum cok and petroleum bitumen imports stood at $X in 2016. In general, petroleum cok and petroleum bitumen imports continue to indicate a relatively flat trend pattern. Over the period under review, global petroleum cok and petroleum bitumen imports reached its maximum level of $X in 2011; however, from 2012 to 2016, it failed to regain its strength.

Top Petroleum Cok And Petroleum Bitumen Importing Countries in the World

X. India (X million USD)

X. China (X million USD)

X. USA (X million USD)

X. Japan (X million USD)

X. Indonesia (X million USD)

X. Mexico (X million USD)

X. Canada (X million USD)

X. Turkey (X million USD)

X. Germany (X million USD)

X. Spain (X million USD)

X. South Korea (X million USD)

X. Venezuela (X million USD)

Petroleum Cok And Petroleum Bitumen Imports By Country

The U.S. (X tonnes) represented the major importer of petroleum cok and petroleum bitumen in the world, finishing at X tonnes, which was approx. X% of total imports in 2016. India (X tonnes) took the second position in the ranking, followed by China (X tonnes), and Venezuela (X tonnes). All these countries together occupied near X% share of total imports. Indonesia (X tonnes), Spain (X tonnes), Japan (X tonnes), South Korea (X tonnes), Turkey (X tonnes), Mexico (X tonnes), Canada (X tonnes), and Germany (X tonnes) took the minor share of total imports.

From 2007 to 2016, average annual rates of growth with regard to petroleum cok and petroleum bitumen imports into the U.S. stood at +X%. At the same time, India (+X%), Turkey (+X%), China (+X%), Germany (+X%), Canada (+X%), South Korea (+X%), Indonesia (+X%), and Spain (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Japan, Venezuela, and Mexico experienced a relatively flat trend pattern. From 2007 to 2016, the share of Turkey, the U.S., China, and India decreased by -X%, -X%, -X%, and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), China ($X) and the U.S. ($X) appeared as the countries with the highest levels of imports in 2016, with a combined X% share of global imports.

India (+X% per year) recorded the highest growth rate of petroleum cok and petroleum bitumen imports, among the main importing countries, over the last X year period, while the other global leaders experienced more modest paces of growth.

Petroleum Cok And Petroleum Bitumen Import Prices By Country

The average petroleum cok and petroleum bitumen import price stood at $X per tonne in 2016, declining by -X% against the previous year. In general, petroleum cok and petroleum bitumen import price continues to indicate a measured contraction. The most prominent rate of growth was recorded in 2008, when import price increased by X% from the previous year level. Over the period under review, average petroleum cok and petroleum bitumen import price reached its maximum level of $X per tonne in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Import prices varied noticeably by country of destination. the country with the highest import prices was China ($X per tonne), while Venezuela ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of petroleum cok and petroleum bitumen import prices was attained by Indonesia (+X% per year), while the other global leaders experienced a decline in the import price figures.

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This article was written on the product's HS-code: X.

Source: IndexBox AI Platform