Report Europe - Processed Petroleum Oils and Distillates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 18, 2023

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

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Europe: Market for Processed Petroleum Oils and Distillates 2023

Market Size for Processed Petroleum Oils and Distillates in Europe

After two years of decline, the Europe market for processed petroleum oils and distillates increased by 11% to $X in 2021. Over the period under review, consumption, however, saw a pronounced shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Processed Petroleum Oils and Distillates in Europe

In value terms, processed petroleum oils and distillates production contracted markedly to $X in 2021 estimated in export price. Overall, production showed a abrupt contraction. The growth pace was the most rapid in 2017 when the production volume increased by 17% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Processed Petroleum Oils and Distillates

Exports in Europe

In 2021, overseas shipments of processed petroleum oils and distillates increased by 26% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports saw a relatively flat trend pattern. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, processed petroleum oils and distillates exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a pronounced shrinkage. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Russia (X tons), distantly followed by the Netherlands (X tons), Belgium (X tons), Spain (X tons) and Italy (X tons) were the largest exporters of processed petroleum oils and distillates, together making up 69% of total exports. The following exporters - Greece (X tons), Germany (X tons), Belarus (X tons), the UK (X tons), Sweden (X tons), Norway (X tons) and France (X tons) - together made up 22% of total exports.

From 2012 to 2021, the biggest increases were in Greece (with a CAGR of +6.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest processed petroleum oils and distillates supplying countries in Europe were Russia ($X), the Netherlands ($X) and Belgium ($X), with a combined 55% share of total exports. These countries were followed by Spain, Italy, Germany, Greece, the UK, Sweden, France, Belarus and Norway, which together accounted for a further 34%.

In terms of the main exporting countries, Greece, with a CAGR of +0.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, increasing by 41% against the previous year. In general, the export price, however, showed a perceptible setback. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-3.0%), while the other leaders experienced a decline in the export price figures.

Imports of Processed Petroleum Oils and Distillates

Imports in Europe

In 2021, imports of processed petroleum oils and distillates in Europe soared to X tons, rising by 49% on 2020 figures. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, processed petroleum oils and distillates imports soared to $X in 2021. In general, imports, however, recorded a deep reduction. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons), distantly followed by Belgium (X tons), Germany (X tons), France (X tons) and the UK (X tons) were the key importers of processed petroleum oils and distillates, together mixing up 55% of total imports. Italy (X tons), Spain (X tons), Malta (X tons), Gibraltar (X tons), Ukraine (X tons), Sweden (X tons), Greece (X tons) and Switzerland (X tons) took a relatively small share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of processed petroleum oils and distillates. At the same time, Greece (+10.5%), Malta (+9.5%), Spain (+7.4%), Belgium (+7.3%), Sweden (+6.9%), Germany (+4.6%), Italy (+3.1%), Ukraine (+2.1%) and France (+1.9%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in Europe, with a CAGR of +10.5% from 2012-2021. The UK experienced a relatively flat trend pattern. By contrast, Gibraltar (-4.5%) and Switzerland (-7.7%) illustrated a downward trend over the same period. While the share of Belgium (+3.7 p.p.), Germany (+1.8 p.p.) and Malta (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Gibraltar (-2.4 p.p.), Switzerland (-3.3 p.p.) and the Netherlands (-6.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 40% share of total imports. These countries were followed by France, the UK, Italy, Spain, Sweden, Gibraltar, Malta, Ukraine, Switzerland and Greece, which together accounted for a further 36%.

Greece, with a CAGR of -0.2%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while Malta ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (-6.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for processed petroleum oils and distillates in Europe?
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The countries with the highest volumes of consumption in 2021 were Russia, Germany and the Netherlands, with a combined 38% share of total consumption. These countries were followed by France, the UK, Italy, Spain, Poland, Belgium, Finland, Romania, Ukraine and Malta, which together accounted for a further 42%.
What are the largest producers of processed petroleum oils and distillates in Europe?
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The country with the largest volume of processed petroleum oils and distillates production was Russia, comprising approx. 30% of total volume. Moreover, processed petroleum oils and distillates production in Russia exceeded the figures recorded by the second-largest producer, Germany, threefold. The Netherlands ranked third in terms of total production with a 7.3% share.
What are the leading exporters of processed petroleum oils and distillates in Europe?
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In value terms, Russia, the Netherlands and Belgium constituted the countries with the highest levels of exports in 2021, together comprising 55% of total exports. These countries were followed by Spain, Italy, Germany, Greece, the UK, Sweden, France, Belarus and Norway, which together accounted for a further 34%.
What are the leading importers of processed petroleum oils and distillates in Europe?
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In value terms, the largest processed petroleum oils and distillates importing markets in Europe were the Netherlands, Belgium and Germany, with a combined 40% share of total imports. These countries were followed by France, the UK, Italy, Spain, Sweden, Gibraltar, Malta, Ukraine, Switzerland and Greece, which together accounted for a further 36%.
What is the average export price for processed petroleum oils and distillates in Europe?
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The export price in Europe stood at $580 per ton in 2021, with an increase of 41% against the previous year.
What is the average import price for processed petroleum oils and distillates in Europe?
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The import price in Europe stood at $408 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the market for processed petroleum oils and distillates in Europe. 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:
• Albania
• Andorra
• Bosnia and Herzegovina
• Estonia
• Faroe Islands
• Gibraltar
• Holy See
• Iceland
• Isle of Man
• Latvia
• Liechtenstein
• Lithuania
• Malta
• Moldova
• Monaco
• Montenegro
• North Macedonia
• San Marino
• Serbia
• Slovenia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Europe, split by region and country
• Trade (exports and imports) in Europe
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Albania
• Andorra
• Austria
• Belarus
• Belgium
• Bosnia and Herzegovina
• Bulgaria
• Croatia
• Czech Republic
• Denmark
• Estonia
• Faroe Islands
• Finland
• France
• Germany
• Gibraltar
• Greece
• Holy See
• Hungary
• Iceland
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• North Macedonia
• Malta
• Moldova
• Montenegro
• Netherlands
• Norway
• Poland
• Portugal
• Romania
• Russia
• San Marino
• Serbia
• Slovakia
• Slovenia
• Spain
• Sweden
• Switzerland
• Ukraine
• United Kingdom
• Liechtenstein
• Isle of Man
• Monaco
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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