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

Contents:

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

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

In 2022, the average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses amounted to $665 per ton, rising by 39% against the previous year. Overall, the import price saw a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 498%. As a result, import price reached the peak level of $2,463 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($663 per ton), while the price for Slovakia amounted to $580 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+8.3%).

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

Imports of residues; of petroleum oils or of oils obtained from bituminous mineralses into Croatia soared to 1.9K tons in 2022, growing by 36% against the year before. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 60,193% against the previous year. As a result, imports reached the peak of 2.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses surged to $1.3M in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 5,799%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A5266451,03240.1%
SlovakiaN/AN/AN/A1810%
Others9.06.215.441.266.0%
Total9.05326601,255418.6%

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

  1. Hungary (1557.0 tons)
  2. Slovakia (313.1 tons)

Source: IndexBox Market Intelligence Platform

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