Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil - 2024
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil (CIF) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil (CIF) - 2022
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $854 per ton in 2022, with an increase of 40% against the previous year. Over the period under review, the import price, however, continues to indicate a mild reduction. Over the period under review, average import prices reached the peak figure at $1,006 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 countries with the highest prices were Argentina ($940 per ton) and the United States ($887 per ton), while the price for Algeria ($655 per ton) and Russia ($795 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil (FOB) - 2022
In 2022, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,061 per ton, rising by 56% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 80%. Over the period under review, the average export prices reached the maximum at $1,115 per ton in 2012; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($5,624 per ton), while the average price for exports to Paraguay ($710 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 the United States (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil
In 2022, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s into Brazil expanded remarkably to 8.7M tons, surging by 6.8% compared with the previous year. Over the period under review, imports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 32%.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $7.4B in 2022. Overall, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 77%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,345 | 1,684 | 3,253 | 3,953 | 19.0% |
| Russia | 169 | 56.2 | 396 | 1,055 | 84.1% |
| Netherlands | 672 | 169 | 300 | 908 | 10.6% |
| Belgium | 30.2 | 19.9 | 14.0 | 359 | 128.2% |
| Spain | 456 | 307 | 389 | 312 | -11.9% |
| Angola | 111 | 162 | 127 | 267 | 34.0% |
| Algeria | 337 | 103 | 33.8 | 159 | -22.2% |
| Argentina | 231 | 165 | 172 | 96.0 | -25.4% |
| Peru | 368 | 47.9 | 97.9 | 84.9 | -38.7% |
| Others | 707 | 82.4 | 171 | 201 | -34.2% |
| Total | 5,428 | 2,795 | 4,952 | 7,396 | 10.9% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Brazil in 2022:
- United States (4455.6K tons)
- Russia (1327.0K tons)
- Netherlands (1079.7K tons)
- Belgium (418.6K tons)
- Spain (371.8K tons)
- Angola (317.7K tons)
- Algeria (243.2K tons)
- Peru (102.6K tons)
- Argentina (102.1K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil
For the third consecutive year, Brazil recorded decline in overseas shipments of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s, which decreased by -54% to 668K tons in 2022. In general, exports continue to indicate a sharp setback. The smallest decline of -20.2% was in 2021.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s declined remarkably to $708M in 2022. Overall, exports recorded a significant decline. The growth pace was the most rapid in 2021 when exports increased by 44%.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 97.0 | 134 | 94.4 | 355 | 54.1% |
| United States | 1,251 | 523 | 640 | 119 | -54.4% |
| Singapore | 17.5 | N/A | 193 | 89.1 | 72.0% |
| Central African Republic | N/A | N/A | N/A | 28.0 | 0% |
| Argentina | 5.3 | 4.5 | 3.7 | 23.6 | 64.5% |
| Paraguay | N/A | 0.4 | 0.8 | 15.0 | 512.4% |
| Others | 23.8 | 25.0 | 54.7 | 78.7 | 49.0% |
| Total | 1,395 | 687 | 987 | 708 | -20.2% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Brazil in 2022:
- Netherlands (414.3K tons)
- United States (127.3K tons)
- Central African Republic (37.3K tons)
- Argentina (25.1K tons)
- Paraguay (21.1K tons)
- Singapore (15.8K tons)
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