Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia (CIF) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia (FOB) - 2023
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia (CIF) - 2022
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $948 per ton in 2022, increasing by 52% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,036 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($1,539 per ton), while the price for Russia ($819 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.9%), 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 Estonia (FOB) - 2023
The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $667 per ton in November 2023, falling by -16.3% against the previous month. Overall, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in March 2023 an increase of 35% against the previous month. As a result, the export price attained the peak level of $964 per ton. From April 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Portugal ($1,654 per ton), while the average price for exports to Belgium ($448 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia
Imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s into Estonia skyrocketed to 659K tons in 2022, jumping by 42% compared with the year before. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51% against the previous year. As a result, imports reached the peak of 906K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $625M in 2022. Overall, imports enjoyed a significant increase. 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 Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 107 | 61.0 | 110 | 213 | 25.8% |
| Russia | 104 | 160 | 83.3 | 166 | 16.9% |
| Finland | 47.5 | 102 | 42.1 | 99.4 | 27.9% |
| Sweden | 0.3 | 0.3 | 0.5 | 23.8 | 329.7% |
| Poland | N/A | N/A | 0.1 | 17.4 | 17300.0% |
| United States | 9.8 | 0.4 | 6.4 | 16.4 | 18.7% |
| Germany | 1.6 | 5.8 | 0.4 | 14.7 | 109.4% |
| Belarus | 9.3 | 26.8 | 1.4 | N/A | -61.2% |
| Others | 70.5 | 60.8 | 45.6 | 73.8 | 1.5% |
| Total | 350 | 417 | 290 | 625 | 21.3% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Estonia in 2022:
- Lithuania (203.9K tons)
- Russia (203.2K tons)
- Finland (116.4K tons)
- Sweden (15.5K tons)
- Germany (13.9K tons)
- Poland (13.1K tons)
- United States (12.0K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia
In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s exported from Estonia skyrocketed to 585K tons, increasing by 21% compared with the previous year's figure. Overall, exports showed a relatively flat trend pattern.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $567M in 2022. In general, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 27.1 | 23.3 | 30.1 | 112 | 60.5% |
| Guatemala | 6.0 | N/A | 5.1 | 101 | 156.3% |
| Norway | N/A | 5.5 | 0.6 | 89.0 | 302.3% |
| United Kingdom | 2.6 | 2.1 | 1.9 | 37.9 | 144.3% |
| Canada | 70.1 | 48.7 | 62.7 | 36.4 | -19.6% |
| United States | 101 | 73.4 | 94.6 | 33.7 | -30.6% |
| Argentina | 34.9 | 34.4 | 7.1 | 31.9 | -3.0% |
| Netherlands | 11.7 | 1.7 | 20.7 | 25.1 | 29.0% |
| Ecuador | N/A | 5.2 | N/A | 16.5 | 78.1% |
| Switzerland | N/A | 0.9 | 5.7 | 12.7 | 275.6% |
| Panama | N/A | 14.6 | N/A | 11.9 | -9.7% |
| Finland | 1.2 | 0.7 | 1.0 | 8.5 | 92.0% |
| Togo | N/A | N/A | 19.9 | 8.3 | -58.3% |
| Others | 89.9 | 165 | 38.3 | 41.7 | -22.6% |
| Total | 345 | 375 | 288 | 567 | 18.0% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Estonia in 2022:
- Belgium (161.7K tons)
- Guatemala (97.4K tons)
- Norway (71.3K tons)
- United States (36.7K tons)
- Canada (35.0K tons)
- Argentina (30.7K tons)
- United Kingdom (25.1K tons)
- Netherlands (25.0K tons)
- Ecuador (19.4K tons)
- Switzerland (17.2K tons)
- Finland (12.1K tons)
- Panama (11.7K tons)
- Togo (9.6K tons)
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