Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria - 2023

Contents:

  1. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria (CIF) - 2022
  2. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria (FOB) - 2023
  3. Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria
  4. Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria (CIF) - 2022

In 2022, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,021 per ton, jumping by 35% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 61% against the previous year. The import price peaked at $1,079 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 highest price was recorded for prices from the Czech Republic ($1,050 per ton) and Hungary ($1,047 per ton), while the price for Serbia ($815 per ton) and Slovakia ($959 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria (FOB) - 2023

The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $968 per ton in November 2023, falling by -1.9% against the previous month. Overall, the export price recorded a slight setback. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 9.1% m-o-m. The export price peaked at $1,132 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +2.6% per month.

Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria

In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s imported into Austria skyrocketed to 1.1M tons, growing by 73% compared with 2021. Over the period under review, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $1.1B in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27015932082645.2%
Slovakia97.476.080.81155.7%
Romania3.85.512.367.6161.0%
Hungary21.510.45.719.3-3.5%
Czech Republic13.46.89.316.67.4%
SerbiaN/A0.6N/A13.7377.8%
Others32.221.737.129.6-2.8%
Total4382804651,08835.4%

Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Austria in 2022:

  1. Germany (803.6K tons)
  2. Slovakia (120.4K tons)
  3. Romania (69.9K tons)
  4. Hungary (18.4K tons)
  5. Serbia (16.8K tons)
  6. Czech Republic (15.8K tons)

Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria

In 2022, after three years of growth, there was significant decline in shipments abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s, when their volume decreased by -40.8% to 551K tons. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 3% against the previous year. As a result, the exports attained the peak of 931K tons, and then declined sharply in the following year.

In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s reduced rapidly to $595M in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 67%. As a result, the exports reached the peak of $704M, and then reduced markedly in the following year.

Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2151552652363.2%
Slovenia14580.1142132-3.1%
Germany10158.810477.3-8.5%
Czech Republic57.738.370.759.71.1%
Slovakia45.138.770.248.92.7%
Switzerland28.131.729.629.41.5%
Italy3.913.116.710.137.3%
Others2.15.45.51.7-6.8%
Total597421704595-0.1%

Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Austria in 2022:

  1. Hungary (211.9K tons)
  2. Slovenia (121.9K tons)
  3. Germany (75.2K tons)
  4. Czech Republic (51.3K tons)
  5. Slovakia (45.4K tons)
  6. Switzerland (32.6K tons)
  7. Italy (11.0K tons)

Source: IndexBox Market Intelligence Platform

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