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

Contents:

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

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

In November 2023, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $966 per ton, which is down by -8.1% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 13% against the previous month. The export price peaked at $1,100 per ton in August 2023; however, from September 2023 to November 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From November 2022 to November 2023, the rate of growth in terms of prices for Austria amounted to +3.9% per month.

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

In November 2023, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $1,146 per ton, waning by -5.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 26% m-o-m. The import price peaked at $1,286 per ton in September 2023; however, from October 2023 to November 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From November 2022 to November 2023, the rate of growth in terms of prices for the Czech Republic amounted to +1.5% per month.

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

In 2022, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s from Slovakia expanded to 905K tons, growing by 3.7% on the previous year. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 11%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $906M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland86.468.416820633.6%
Czech Republic15010918320511.0%
Hungary98.935.715020527.5%
Ukraine0.80.7N/A112419.2%
Austria92.292.869.31002.7%
Croatia13.211.18.223.320.9%
Germany26.810.69.017.7-12.9%
Others12.820.015.236.842.2%
Total48134960290623.5%

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

  1. Czech Republic (203.6K tons)
  2. Poland (200.3K tons)
  3. Hungary (198.9K tons)
  4. Austria (124.3K tons)
  5. Ukraine (93.7K tons)
  6. Croatia (26.0K tons)
  7. Germany (20.9K tons)

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

In 2022, approx. 251K tons of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s were imported into Slovakia; surging by 4% on the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year.

In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $282M in 2022. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic59.744.279.014133.2%
Austria66.760.580.557.1-5.0%
Hungary40.68.60.836.3-3.7%
Germany29.84.125.028.1-1.9%
Poland3.82.12.73.7-0.9%
United Kingdom20.84.8N/AN/A-76.9%
Others22.35.313.315.7-11.0%
Total2441302012824.9%

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

  1. Czech Republic (116.7K tons)
  2. Austria (49.2K tons)
  3. Hungary (45.5K tons)
  4. Germany (27.9K tons)
  5. Poland (3.2K tons)

Source: IndexBox Market Intelligence Platform

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