Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Chile - 2023

Contents:

  1. Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Chile (CIF) - 2022
  2. Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Chile

Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Chile (CIF) - 2022

The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $673 per ton in 2022, approximately reflecting the previous year. Overall, the import price posted a significant expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 60%. As a result, import price reached the peak level of $2,095 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -11.1% per year.

Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Chile

In 2022, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses into Chile soared to 3.9 tons, with an increase of 4,348% against the previous year's figure. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses surged to $2.6K in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Chile (USD)
COUNTRY202020212022CAGR,
2020-2022
United States41457.02,395140.5%
OthersN/A2.024111950.0%
Total41459.02,636152.3%

Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Chile in 2022:

  1. United States (3.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Residues; of petroleum oils or of oils obtained from bituminous minerals - Chile