Report Update: May 1, 2024

Bolivia - Processed Petroleum Oils and Distillates - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Processed Petroleum Oils and Distillates in Bolivia - 2023

Price for Processed Petroleum Oils and Distillates in Bolivia (CIF) - 2023

In November 2023, the average import price for processed petroleum oils and distillates amounted to $1,569 per ton, with an increase of 3.1% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 39% m-o-m. As a result, import price reached the peak level of $1,710 per ton. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Paraguay ($2,074 per ton), while the price for Belgium ($945 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Processed Petroleum Oils and Distillates in Bolivia (FOB) - 2023

In November 2023, the average export price for processed petroleum oils and distillates amounted to $1,125 per ton, which is down by -7.4% against the previous month. Over the period under review, the export price saw a mild shrinkage. The growth pace was the most rapid in February 2023 an increase of 15% against the previous month. As a result, the export price reached the peak level of $1,412 per ton. From March 2023 to November 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In November 2023, the highest price was recorded for prices to Colombia ($1,188 per ton) and Ecuador ($1,186 per ton), while the average price for exports to Brazil ($811 per ton) and Spain ($1,184 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 Colombia (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Processed Petroleum Oils and Distillates in Bolivia

For the fourth consecutive year, Bolivia recorded growth in overseas purchases of processed petroleum oils and distillates, which increased by 94% to 2.2M tons in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 145%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, processed petroleum oils and distillates imports soared to $1.3B in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 145%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Processed Petroleum Oils and Distillates in Bolivia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	96.8	128	233	700	93.4%
Peru	138	73.6	220	312	31.2%
United States	30.3	34.3	112	105	51.3%
Brazil	22.3	14.6	39.0	66.6	44.0%
Argentina	30.1	7.5	36.2	38.5	8.6%
Paraguay	N/A	N/A	N/A	15.0	0%
Colombia	5.4	2.1	3.3	14.1	37.7%
Others	3.0	6.1	11.5	20.5	89.8%
Total	326	267	654	1,271	57.4%

Top Suppliers of Processed Petroleum Oils and Distillates to Bolivia in 2022:

Chile (1077.5K tons)
Peru (625.1K tons)
United States (223.0K tons)
Argentina (73.4K tons)
Brazil (70.1K tons)
Paraguay (46.8K tons)
Colombia (41.5K tons)

Exports of Processed Petroleum Oils and Distillates in Bolivia

In 2022, exports of processed petroleum oils and distillates from Bolivia amounted to 21 tons, therefore, remained relatively stable against 2021 figures. Overall, exports, however, saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 0.4%. As a result, the exports attained the peak of 38K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, processed petroleum oils and distillates exports skyrocketed to $38M in 2022. In general, exports, however, recorded a perceptible descent.

Export of Processed Petroleum Oils and Distillates in Bolivia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	15.3	17.5	6.5	13.6	-3.9%
Panama	5.5	6.7	5.5	7.5	10.9%
Ecuador	4.6	4.2	0.9	4.0	-4.6%
Colombia	2.2	2.9	1.0	3.2	13.3%
Peru	2.4	2.4	1.5	2.4	0.0%
Argentina	1.0	1.0	0.3	2.1	28.1%
Venezuela	0.9	0.6	1.0	1.4	15.9%
Brazil	2.3	3.4	0.1	1.1	-21.8%
United States	6.9	0.2	0.4	0.3	-64.8%
Others	2.1	4.1	0.5	2.0	-1.6%
Total	43.2	42.9	17.8	37.7	-4.4%

Top Export Markets for Processed Petroleum Oils and Distillates from Bolivia in 2022:

Spain (7.7 tons)
Panama (4.2 tons)
Ecuador (2.2 tons)
Colombia (1.8 tons)
Peru (1.3 tons)
Argentina (1.2 tons)
Venezuela (0.8 tons)
Brazil (0.6 tons)
United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for processed petroleum oils and distillates in Bolivia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Bolivia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bolivia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023