Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania - 2023

Contents:

  1. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania (FOB) - 2023
  2. Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania (CIF) - 2022
  3. Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania
  4. Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania (FOB) - 2023

In November 2023, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $840 per ton, standing approximately at the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 8.2% against the previous month. Over the period under review, the average export prices attained the maximum at $1,007 per ton in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In November 2023, the highest price was recorded for prices to Ukraine ($918 per ton) and Moldova ($876 per ton), while the average price for exports to Georgia ($810 per ton) and Gibraltar ($857 per ton) were 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 (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania (CIF) - 2022

The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,012 per ton in 2022, picking up by 40% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,096 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,675 per ton), while the price for Italy ($585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania

In 2022, overseas shipments of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s were finally on the rise to reach 2.4M tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a mild shrinkage.

In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $2.3B in 2022. In general, exports posted a resilient increase. 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 Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova11169.412332042.3%
Gibraltar94.717017623535.4%
Israel47.833.5N/A21765.6%
Bulgaria15210517121412.1%
Ukraine10.27.213.3207172.8%
Hungary74.458.812118836.2%
Georgia11944.911416511.5%
MoroccoN/AN/A16.0131718.8%
LibyaN/A19.118.0106135.6%
Lebanon13971.026.790.6-13.3%
Albania21.39.515.362.743.3%
Italy0.40.415.457.1422.6%
Egypt1633.9N/AN/A-97.6%
Others549258466318-16.6%
Total1,4808511,2762,31116.0%

Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Romania in 2022:

  1. Moldova (323.0K tons)
  2. Gibraltar (237.2K tons)
  3. Israel (222.2K tons)
  4. Bulgaria (217.8K tons)
  5. Hungary (214.0K tons)
  6. Ukraine (195.7K tons)
  7. Georgia (177.2K tons)
  8. Libya (128.0K tons)
  9. Morocco (116.8K tons)
  10. Lebanon (87.7K tons)
  11. Albania (68.0K tons)
  12. Italy (62.2K tons)

Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania

In 2022, supplies from abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s decreased by -44.6% to 96K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate measured growth. The growth pace was the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of 173K tons, and then shrank markedly in the following year.

In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s reduced rapidly to $97M in 2022. Over the period under review, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 102% against the previous year. As a result, imports reached the peak of $126M, and then declined dramatically in the following year.

Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary48.948.260.755.14.1%
Slovakia0.13.34.517.8462.5%
Bulgaria0.40.2N/A8.1172.6%
Netherlands0.4N/A0.15.6141.0%
Italy3.00.145.62.9-1.1%
Germany3.23.17.92.4-9.1%
Others5.97.26.95.2-4.1%
Total62.062.112697.116.1%

Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Romania in 2022:

  1. Hungary (58.7K tons)
  2. Slovakia (17.4K tons)
  3. Bulgaria (6.1K tons)
  4. Italy (5.0K tons)
  5. Netherlands (3.4K tons)
  6. Germany (2.3K tons)

Source: IndexBox Market Intelligence Platform

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