Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France (CIF) - 2023
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France (FOB) - 2023
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France (CIF) - 2023
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $812 per ton in November 2023, which is down by -4.9% against the previous month. Overall, the import price recorded a slight descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 13% against the previous month. Over the period under review, average import prices hit record highs at $993 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($1,200 per ton), while the price for Algeria ($693 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.4%), 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 France (FOB) - 2023
The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $674 per ton in November 2023, shrinking by -5.3% against the previous month. Overall, the export price saw a slight decline. The pace of growth appeared the most rapid in January 2023 an increase of 19% against the previous month. Over the period under review, the average export prices hit record highs at $870 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a 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 the United States ($1,029 per ton), while the average price for exports to Nigeria ($631 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 Gibraltar (+16.9%), 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 France
After three years of growth, purchases abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s decreased by -23.7% to 5.2M tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s expanded remarkably to $5.2B in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 388 | 421 | 1,100 | 2,006 | 72.9% |
| Spain | 364 | 262 | 600 | 616 | 19.2% |
| Belgium | 424 | 262 | 793 | 493 | 5.2% |
| Germany | 179 | 133 | 129 | 401 | 30.8% |
| United States | 64.2 | 136 | 206 | 338 | 74.0% |
| Russia | 83.1 | 215 | 374 | 272 | 48.5% |
| Algeria | 345 | 389 | 569 | 197 | -17.0% |
| Italy | 229 | 120 | 155 | 112 | -21.2% |
| Others | 434 | 423 | 730 | 810 | 23.1% |
| Total | 2,511 | 2,361 | 4,656 | 5,245 | 27.8% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to France in 2022:
- Netherlands (1842.2K tons)
- Spain (675.6K tons)
- Belgium (430.8K tons)
- Germany (368.9K tons)
- United States (329.7K tons)
- Russia (323.4K tons)
- Algeria (236.9K tons)
- Italy (104.7K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France
In 2022, overseas shipments of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s were finally on the rise to reach 4.2M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep slump.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s soared to $3.6B in 2022. Overall, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 613 | 362 | 514 | 767 | 7.8% |
| Netherlands | 585 | 208 | 232 | 652 | 3.7% |
| Belgium | 704 | 290 | 404 | 648 | -2.7% |
| United Kingdom | 105 | 50.9 | 40.3 | 158 | 14.6% |
| Spain | 112 | 14.7 | 49.9 | 78.1 | -11.3% |
| Nigeria | 129 | 148 | 109 | 65.5 | -20.2% |
| China | 1.8 | 0.4 | 0.2 | 40.4 | 182.1% |
| United Arab Emirates | 88.3 | 23.3 | 32.0 | 1.2 | -76.1% |
| Others | 747 | 442 | 877 | 1,234 | 18.2% |
| Total | 3,085 | 1,538 | 2,259 | 3,644 | 5.7% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from France in 2022:
- United States (852.7K tons)
- Belgium (825.9K tons)
- Netherlands (785.2K tons)
- United Kingdom (216.4K tons)
- Spain (96.5K tons)
- Nigeria (75.9K tons)
- China (59.7K tons)
- United Arab Emirates (1.8K tons)
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