Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine (CIF) - 2023
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine (FOB) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine (CIF) - 2023
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,056 per ton in October 2023, reducing by -3.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 7.6% m-o-m. The import price peaked at $1,104 per ton in December 2022; afterwards, it flattened through to October 2023.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Germany ($1,272 per ton) and Poland ($1,251 per ton), while the price for Romania ($995 per ton) and Bulgaria ($1,016 per ton) were amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine (FOB) - 2022
In 2022, the average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $756 per ton, with an increase of 58% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $796 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($746 per ton), while the average price for exports to Belarus amounted to $738 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (-4.2%), while the prices for the other major destinations experienced a decline.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine
In 2022, imports of petroleum spirit for motor vehicles **legacy non-wco code**s into Ukraine expanded rapidly to 2M tons, growing by 8.2% on the previous year's figure. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s soared to $1.6B in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 97%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 9.9 | 6.5 | 9.8 | 336 | 223.8% |
| Lithuania | 207 | 99.6 | 174 | 326 | 16.3% |
| Belarus | 452 | 304 | 630 | 213 | -22.2% |
| Greece | N/A | N/A | 0.7 | 173 | 24614.3% |
| Bulgaria | 99.8 | N/A | 135 | 131 | 9.5% |
| Slovakia | 0.9 | N/A | N/A | 123 | 415.1% |
| Netherlands | 0.2 | 0.2 | 0.5 | 86.4 | 656.0% |
| Libya | N/A | N/A | 61.1 | 24.9 | -59.2% |
| Russia | 122 | 175 | 56.9 | N/A | -31.7% |
| Others | 17.0 | 4.8 | 96.2 | 213 | 132.3% |
| Total | 909 | 590 | 1,164 | 1,627 | 21.4% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Ukraine in 2022:
- Lithuania (507.1K tons)
- Greece (421.9K tons)
- Belarus (285.6K tons)
- Romania (276.7K tons)
- Bulgaria (123.2K tons)
- Slovakia (88.1K tons)
- Netherlands (62.5K tons)
- Libya (35.2K tons)
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine
In 2022, the amount of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s exported from Ukraine dropped significantly to 20K tons, which is down by -74.3% on the previous year. In general, exports recorded a dramatic shrinkage. The smallest decline of -9.5% was in 2020.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s contracted sharply to $15M in 2022. Overall, exports recorded a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 0.6% against the previous year.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 4.1 | 0.9 | 14.4 | 87.4% |
| Belarus | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| Spain | 3.2 | N/A | N/A | N/A | 0% |
| Hungary | 21.6 | 7.2 | 0.4 | N/A | -86.4% |
| Latvia | 34.5 | 25.5 | 35.7 | N/A | 1.7% |
| Others | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Total | 59.3 | 37.0 | 37.2 | 15.1 | -36.6% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Ukraine in 2022:
- Lithuania (19.3K tons)
- Belarus (0.4K tons)
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