Petroleum Jelly Price in Denmark - 2023
Contents:
- Petroleum Jelly Price in Denmark (CIF) - 2023
- Petroleum Jelly Price in Denmark (FOB) - 2022
- Petroleum Jelly Imports in Denmark
- Petroleum Jelly Exports in Denmark
Petroleum Jelly Price in Denmark (CIF) - 2023
The average petroleum jelly import price stood at $2,296 per ton in July 2023, shrinking by -40.8% against the previous month. Over the period under review, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 114% month-to-month. Over the period under review, average import prices attained the maximum at $6,491 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,854 per ton), while the price for Germany stood at $2,068 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (0.0%), while the prices for the other major suppliers experienced a decline.
Petroleum Jelly Price in Denmark (FOB) - 2022
In 2022, the average petroleum jelly export price amounted to $5,969 per ton, falling by -26.4% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 452%. As a result, the export price attained the peak level of $20,007 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Faroe Islands ($11,496 per ton), while the average price for exports to Germany ($817 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.4%), while the prices for the other major destinations experienced a decline.
Petroleum Jelly Imports in Denmark
In 2022, overseas purchases of petroleum jellies decreased by -5.2% to 300 tons, falling for the second year in a row after two years of growth. Overall, imports saw a slight contraction. The pace of growth appeared the most rapid in 2020 with an increase of 6.8%. As a result, imports attained the peak of 332 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, petroleum jelly imports expanded significantly to $862K in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Petroleum Jelly in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 522 | 508 | 562 | 602 | 4.9% |
Netherlands | 109 | 117 | 49.5 | 211 | 24.6% |
India | N/A | N/A | 13.6 | 15.3 | 12.5% |
Others | 17.6 | 51.0 | 155 | 33.6 | 24.1% |
Total | 648 | 676 | 780 | 862 | 10.0% |
Top Suppliers of Petroleum Jelly to Denmark in 2022:
- Germany (228.4 tons)
- Netherlands (60.2 tons)
- India (5.7 tons)
Petroleum Jelly Exports in Denmark
In 2022, shipments abroad of petroleum jellies decreased by -1.1% to 4.5 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, the exports attained the peak of 5.8 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, petroleum jelly exports reduced rapidly to $27K in 2022. Over the period under review, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 1.9%.
Export of Petroleum Jelly in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greenland | 8.3 | 18.9 | 20.3 | 13.8 | 18.5% |
Faroe Islands | 4.2 | 4.6 | 8.7 | 6.4 | 15.1% |
Sweden | 1.9 | 0.9 | 2.6 | 4.7 | 35.2% |
Norway | 60.2 | 2.6 | 1.6 | 1.5 | -70.8% |
Germany | N/A | N/A | N/A | 0.2 | 0% |
Thailand | N/A | 1.8 | 1.6 | N/A | -11.1% |
Iceland | N/A | 2.5 | N/A | N/A | 0% |
Czech Republic | 3.5 | 3.9 | 1.8 | N/A | -28.3% |
Others | 2.3 | 0.9 | 0.3 | 0.3 | -49.3% |
Total | 80.5 | 36.2 | 36.9 | 26.9 | -30.6% |
Top Export Markets for Petroleum Jelly from Denmark in 2022:
- Greenland (1715.0 kg)
- Sweden (1706.0 kg)
- Faroe Islands (559.0 kg)
- Norway (266.0 kg)
- Germany (202.0 kg)
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