Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain (FOB) - 2022
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain (CIF) - 2022
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain (FOB) - 2022
In 2022, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $880 per ton, growing by 35% against the previous year. Overall, the export price, however, saw a mild slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 60%. The export price peaked at $1,021 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 Morocco ($1,030 per ton), while the average price for exports to Brazil ($681 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 Japan (+5.1%), 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 Spain (CIF) - 2022
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $865 per ton in 2022, surging by 34% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $949 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($1,056 per ton) and France ($886 per ton), while the price for Turkey ($727 per ton) and Greece ($741 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+2.8%), while the prices for the other major suppliers experienced a decline.
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain
In 2022, approx. 8M tons of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s were exported from Spain; declining by -11% compared with 2021. Overall, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s surged to $7B in 2022. In general, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 87% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,248 | 669 | 1,444 | 2,242 | 21.6% |
| Netherlands | 769 | 266 | 622 | 1,225 | 16.8% |
| Belgium | 252 | 273 | 669 | 670 | 38.5% |
| France | 376 | 247 | 577 | 654 | 20.3% |
| Brazil | 386 | 264 | 271 | 372 | -1.2% |
| Gibraltar | 599 | 145 | 194 | 347 | -16.6% |
| Japan | 57.6 | 37.5 | 379 | 266 | 66.5% |
| Portugal | 207 | 151 | 189 | 244 | 5.6% |
| Morocco | 157 | 57.6 | 131 | 203 | 8.9% |
| Libya | 43.3 | 12.3 | 35.3 | 136 | 46.4% |
| Colombia | N/A | N/A | 53.7 | 125 | 132.8% |
| United Kingdom | 537 | 175 | 94.0 | 102 | -42.5% |
| Italy | 333 | 241 | 337 | 67.5 | -41.3% |
| Others | 825 | 597 | 864 | 386 | -22.4% |
| Total | 5,788 | 3,135 | 5,860 | 7,039 | 6.7% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Spain in 2022:
- United States (2483.0K tons)
- Netherlands (1335.1K tons)
- Belgium (818.1K tons)
- France (658.7K tons)
- Brazil (546.5K tons)
- Gibraltar (445.1K tons)
- Portugal (329.5K tons)
- Japan (327.0K tons)
- Morocco (196.9K tons)
- Libya (153.7K tons)
- Colombia (137.8K tons)
- United Kingdom (93.7K tons)
- Italy (58.2K tons)
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Spain
In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s imported into Spain surged to 1.9M tons, rising by 38% on the previous year's figure. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.0% against 2020 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 surged to $1.7B in 2022. In general, imports posted a resilient expansion. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 56.4 | 63.0 | 45.5 | 376 | 88.2% |
| Italy | 320 | 149 | 175 | 350 | 3.0% |
| Turkey | 12.2 | 13.7 | 19.5 | 168 | 139.7% |
| Algeria | 100 | 121 | 140 | 165 | 18.2% |
| Russia | 8.9 | 43.2 | 39.2 | 150 | 156.4% |
| France | 91.7 | 4.3 | 54.1 | 101 | 3.3% |
| Greece | N/A | 21.7 | 105 | 96.7 | 111.1% |
| Libya | 82.4 | N/A | 91.1 | 43.3 | -19.3% |
| United Kingdom | 88.2 | 29.6 | 9.4 | 4.0 | -64.3% |
| Others | 234 | 102 | 214 | 201 | -4.9% |
| Total | 994 | 548 | 893 | 1,655 | 18.5% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Spain in 2022:
- Italy (417.4K tons)
- Netherlands (356.0K tons)
- Turkey (231.2K tons)
- Algeria (202.7K tons)
- Russia (185.5K tons)
- Greece (130.6K tons)
- France (114.1K tons)
- Libya (54.6K tons)
- United Kingdom (3.7K tons)
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