Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic - 2023
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic (CIF) - 2023
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic (FOB) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic
- Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic (CIF) - 2023
In September 2023, the average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses amounted to $879 per ton, picking up by 16% against the previous month. Over the period under review, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 16% against the previous month. The import price peaked at $1,071 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($1,242 per ton), while the price for Poland ($507 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic (FOB) - 2022
In 2022, the average export price for residues; of petroleum oils or of oils obtained from bituminous mineralses amounted to $1,622 per ton, increasing by 42% against the previous year. Overall, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 3,228% against the previous year. Over the period under review, the average export prices reached the maximum at $43,061 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,120 per ton), while the average price for exports to Austria ($1,586 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+25.6%), while the prices for the other major destinations experienced a decline.
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic
In 2022, approx. 26K tons of residues; of petroleum oils or of oils obtained from bituminous mineralses were imported into the Czech Republic; picking up by 8.4% on the previous year's figure. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 73%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses surged to $22M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. 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 the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 4.4 | 7.1 | 9.1 | 35.0% |
| Poland | 3.9 | 3.2 | 3.5 | 6.6 | 19.2% |
| Hungary | N/A | N/A | 3.1 | 4.7 | 51.6% |
| Spain | N/A | N/A | 0.2 | 1.2 | 500.0% |
| Italy | 0.6 | 0.6 | 1.1 | 0.6 | 0.0% |
| France | 2.6 | 0.6 | 0.1 | N/A | -80.4% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 11.0 | 8.9 | 15.0 | 22.2 | 26.4% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to the Czech Republic in 2022:
- Poland (8.8K tons)
- Germany (8.7K tons)
- Hungary (7.3K tons)
- Spain (1.0K tons)
- Italy (0.6K tons)
Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic
In 2022, approx. 4.3 tons of residues; of petroleum oils or of oils obtained from bituminous mineralses were exported from the Czech Republic; growing by 14% compared with 2021. Over the period under review, exports, however, saw a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 14,608% against the previous year.
In value terms, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses surged to $7K in 2022. In general, exports, however, saw a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 629% against the previous year.
| Export of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | N/A | 5.3 | 0% |
| Serbia | N/A | N/A | 1.1 | 1.4 | 27.3% |
| Germany | N/A | N/A | N/A | 0.3 | 0% |
| Hungary | 278 | N/A | N/A | N/A | 0% |
| Slovakia | 1,651 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.6 | 3.2 | N/A | 153.0% |
| Total | 1,930 | 0.6 | 4.4 | 7.0 | -84.6% |
Top Export Markets for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals from the Czech Republic in 2022:
- Austria (3.4 tons)
- Serbia (0.9 tons)
- Germany (0.1 tons)
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