Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru - 2022
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru (CIF) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru (CIF) - 2022
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,073 per ton in 2022, picking up by 42% 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 appeared the most rapid in 2021 when the average import price increased by 60% against the previous year. The import price peaked at $1,142 per ton in 2012; afterwards, it flattened through to 2022.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.9% per year.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru (FOB) - 2022
The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $805 per ton in 2022, surging by 22% against the previous year. Overall, the export price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. The export price peaked at $916 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($1,502 per ton), while the average price for exports to Canada ($610 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 Bolivia (+18.5%), while the prices for the other major destinations experienced a decline.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru
For the fourth year in a row, Peru recorded growth in overseas purchases of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s, which increased by 33% to 1.5M tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.1% 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 increased by +95.6% against 2019 indices. 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 skyrocketed to $1.7B in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 492 | 469 | 841 | 1,647 | 49.6% |
| Others | 26.3 | 25.5 | 35.4 | 11.8 | -23.4% |
| Total | 518 | 495 | 876 | 1,658 | 47.4% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Peru in 2022:
- United States (1537.4K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru
In 2022, approx. 1.3M tons of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s were exported from Peru; with a decrease of -11.4% against the previous year. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 124% against the previous year.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s expanded markedly to $1B in 2022. Over the period under review, exports, however, posted a tangible increase. The growth pace was the most rapid in 2021 with an increase of 192% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 196 | 103 | 694 | 723 | 54.5% |
| South Korea | 34.0 | 12.2 | 61.5 | 140 | 60.3% |
| Brazil | 294 | 35.7 | 16.9 | 75.1 | -36.6% |
| Bolivia | 21.4 | 13.0 | 35.3 | 50.0 | 32.7% |
| Canada | 19.0 | 19.0 | 21.9 | 26.2 | 11.3% |
| United States | 283 | 96.2 | 43.1 | 15.4 | -62.1% |
| China | 14.3 | 11.3 | 13.5 | N/A | -2.8% |
| Others | 41.9 | 37.1 | 68.3 | 0.5 | -77.1% |
| Total | 904 | 327 | 954 | 1,030 | 4.4% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Peru in 2022:
- Japan (907.4K tons)
- South Korea (174.4K tons)
- Brazil (102.4K tons)
- Canada (43.0K tons)
- Bolivia (33.3K tons)
- United States (19.0K tons)
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