Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Angola - 2022

Contents:

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

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

The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $1,656 per ton in 2022, shrinking by -15.5% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 1,190% against the previous year. As a result, import price attained the peak level of $61,668 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +82.4% per year.

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

In 2022, supplies from abroad of residues; of petroleum oils or of oils obtained from bituminous mineralses was finally on the rise to reach 16 tons after two years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses surged to $27K in 2022. Over the period under review, imports, however, recorded a dramatic setback.

Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A26.50%
Portugal61.0N/A0.2N/A-94.3%
Others1.30.50.1N/A-72.3%
Total62.30.50.226.5-24.8%

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

  1. India (16.0 tons)

Source: IndexBox Market Intelligence Platform

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