Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt (CIF) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt (CIF) - 2022
In 2022, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,066 per ton, approximately reflecting the previous year. Overall, the import price recorded noticeable growth. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bulgaria ($1,066 per ton) and Saudi Arabia ($1,066 per ton), while the price for the United Arab Emirates ($1,066 per ton) and Italy ($1,066 per ton) were amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+65.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt (FOB) - 2022
In 2022, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,105 per ton, with an increase of 45% against the previous year. Over the period under review, the export price enjoyed mild growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($1,105 per ton) and Saudi Arabia ($1,105 per ton), while the average price for exports to Italy ($1,105 per ton) and France ($1,105 per ton) were amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt
In 2022, imports of petroleum spirit for motor vehicles **legacy non-wco code**s into Egypt was estimated at 5.3M tons, approximately mirroring the previous year's figure. Overall, imports recorded a deep slump. The smallest decline of -67.2% was in 2020.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $5.7B in 2022. Over the period under review, imports continue to indicate a slight expansion. The smallest decline of -72.6% was in 2020. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | 70.8 | N/A | 1,874 | 414.5% |
| Kuwait | N/A | N/A | N/A | 942 | 0% |
| United Arab Emirates | 117 | 174 | N/A | 783 | 88.4% |
| Italy | 87.9 | 422 | N/A | 672 | 97.0% |
| Bulgaria | 1,174 | 168 | N/A | 560 | -21.9% |
| India | N/A | 71.8 | N/A | 433 | 145.6% |
| Netherlands | 786 | 123 | N/A | 135 | -44.4% |
| Greece | 233 | 86.4 | N/A | 106 | -23.1% |
| Turkey | 2,240 | 171 | N/A | 81.9 | -66.8% |
| Romania | 699 | 11.6 | N/A | N/A | -98.3% |
| Others | 52.7 | 177 | N/A | 102 | 24.6% |
| Total | 5,389 | 1,477 | N/A | 5,688 | 1.8% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Egypt in 2022:
- Saudi Arabia (1758.0K tons)
- Kuwait (883.9K tons)
- United Arab Emirates (734.8K tons)
- Italy (630.5K tons)
- Bulgaria (525.0K tons)
- India (406.5K tons)
- Netherlands (126.2K tons)
- Greece (99.4K tons)
- Turkey (76.8K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt
In 2022, shipments abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s increased by 233,675% to 2M tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp setback.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s soared to $2.2B in 2022. Overall, exports, however, saw a abrupt curtailment.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 347 | 0% |
| Slovenia | N/A | N/A | N/A | 234 | 0% |
| Saudi Arabia | 1,997 | 981 | 0.5 | 136 | -59.2% |
| France | N/A | N/A | N/A | 117 | 0% |
| Morocco | N/A | N/A | N/A | 95.1 | 0% |
| Libya | N/A | N/A | N/A | 66.0 | 0% |
| Greece | N/A | N/A | N/A | 59.8 | 0% |
| Netherlands | 180 | N/A | N/A | 0.1 | -91.8% |
| United States | 116 | 10.7 | N/A | 0.1 | -90.5% |
| South Korea | 262 | 230 | 0.1 | N/A | -98.0% |
| Japan | 96.6 | 215 | N/A | N/A | 122.6% |
| Others | 178 | 28.9 | N/A | 1,193 | 88.5% |
| Total | 2,828 | 1,466 | 0.7 | 2,248 | -7.4% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Egypt in 2022:
- Italy (314.1K tons)
- Slovenia (211.7K tons)
- Saudi Arabia (122.8K tons)
- France (105.6K tons)
- Morocco (86.1K tons)
- Libya (59.7K tons)
- Greece (54.1K tons)
- Netherlands (0.1K tons)
- United States (0.1K tons)
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