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

Contents:

  1. Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Slovakia (FOB) - 2022
  2. Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Slovakia (CIF) - 2022
  3. Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Slovakia
  4. Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Slovakia

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

In 2022, the average export price for residues; of petroleum oils or of oils obtained from bituminous mineralses amounted to $2.7 per ton, declining by -99.2% against the previous year. In general, the export price showed a significant decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 131% against the previous year. The export price peaked at $501 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +2.8% per year.

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

The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $2,510 per ton in 2022, declining by -85.8% against the previous year. Overall, the import price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 an increase of 1,886%. As a result, import price attained the peak level of $17,636 per ton, and then dropped dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +36.3% per year.

Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Slovakia

Exports of residues; of petroleum oils or of oils obtained from bituminous mineralses from Slovakia skyrocketed to 12K tons in 2022, picking up by 20% against the previous year's figure. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 394%. As a result, the exports attained the peak of 18K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses contracted markedly to $32K in 2022. Overall, exports, however, faced a sharp decline. The growth pace was the most rapid in 2020 with an increase of 400% against the previous year.

Export of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/AN/AN/A32.40%
Bulgaria3823213,591N/A206.6%
United KingdomN/A1,439N/AN/A0%
Poland44.11,039N/AN/A2256.0%
Czech Republic14242.5N/AN/A-70.1%
OthersN/AN/AN/AN/A0%
Total5682,8433,59132.4-61.5%

Top Export Markets for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals from Slovakia in 2022:

  1. Bosnia and Herzegovina (11.8K tons)

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

In 2022, after two years of decline, there was significant growth in purchases abroad of residues; of petroleum oils or of oils obtained from bituminous mineralses, when their volume increased by 809% to 100 kg. Over the period under review, imports, however, showed a sharp setback.

In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses skyrocketed to $251 in 2022. In general, imports, however, saw a precipitous descent.

Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.2N/AN/A0.314.5%
Czech Republic506316N/AN/A-37.5%
France2,00033.6N/AN/A-98.3%
Others1,739N/A0.2N/A-98.9%
Total4,2453490.20.3-95.9%

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

  1. Spain (100.0 kg)

Source: IndexBox Market Intelligence Platform

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