Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden - 2023
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden (FOB) - 2023
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden (CIF) - 2023
- Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden (FOB) - 2023
The average export price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $893 per ton in November 2023, shrinking by -6.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 14% month-to-month. The export price peaked at $1,062 per ton in August 2023; however, from September 2023 to November 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In November 2023, the highest price was recorded for prices to Norway ($1,053 per ton) and the United States ($923 per ton), while the average price for exports to Switzerland ($808 per ton) and Egypt ($861 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden (CIF) - 2023
The average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s stood at $1,021 per ton in November 2023, dropping by -6.4% against the previous month. Over the period under review, the import price continues to indicate a slight decline. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 30% month-to-month. Over the period under review, average import prices hit record highs at $1,262 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Gibraltar ($766 per ton), while the price for Turkey stood at $696 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden
In 2022, overseas shipments of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s decreased by -3.3% to 3.8M tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. As a result, the exports reached the peak of 3.9M tons, and then contracted modestly in the following year.
In value terms, exports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s soared to $4B in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 357 | 258 | 736 | 998 | 40.9% |
| Netherlands | 446 | 283 | 458 | 787 | 20.8% |
| Finland | 394 | 284 | 462 | 724 | 22.5% |
| United Kingdom | 107 | 40.7 | 297 | 439 | 60.1% |
| Norway | 249 | 127 | 203 | 291 | 5.3% |
| Denmark | 132 | 84.7 | 144 | 231 | 20.5% |
| Belgium | 84.6 | 82.7 | 149 | 215 | 36.5% |
| Gibraltar | N/A | N/A | 147 | N/A | 0% |
| Others | 126 | 146 | 201 | 329 | 37.7% |
| Total | 1,895 | 1,307 | 2,797 | 4,015 | 28.4% |
Top Export Markets for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** from Sweden in 2022:
- United States (971.1K tons)
- Netherlands (699.9K tons)
- Finland (642.2K tons)
- United Kingdom (481.3K tons)
- Norway (250.0K tons)
- Belgium (210.9K tons)
- Denmark (209.4K tons)
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden
In 2022, supplies from abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s increased by 30% to 1.4M tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep setback.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s soared to $1.5B in 2022. Over the period under review, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 454 | 258 | 326 | 543 | 6.1% |
| Denmark | 107 | 91.7 | 178 | 306 | 41.9% |
| Netherlands | 131 | 103 | 81.7 | 301 | 32.0% |
| United Kingdom | 29.7 | 46.0 | 0.3 | 109 | 54.2% |
| Belgium | 16.6 | 14.4 | 14.9 | 69.5 | 61.2% |
| Poland | 78.4 | 19.5 | 0.1 | 45.8 | -16.4% |
| Latvia | 6.1 | 3.4 | N/A | 34.9 | 78.9% |
| Russia | 193 | 35.7 | 171 | 16.8 | -55.7% |
| Norway | 41.4 | 24.2 | 2.0 | 2.4 | -61.3% |
| Others | 29.4 | 20.7 | 18.3 | 117 | 58.5% |
| Total | 1,087 | 617 | 792 | 1,546 | 12.5% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Sweden in 2022:
- Finland (467.8K tons)
- Netherlands (334.5K tons)
- Denmark (257.6K tons)
- Belgium (87.0K tons)
- Poland (64.5K tons)
- United Kingdom (54.2K tons)
- Latvia (51.5K tons)
- Russia (19.0K tons)
- Norway (1.6K tons)
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