Petroleum Jelly Price in France - 2023

Contents:

  1. Petroleum Jelly Price in France (CIF) - 2022
  2. Petroleum Jelly Price in France (FOB) - 2022
  3. Petroleum Jelly Imports in France
  4. Petroleum Jelly Exports in France

Petroleum Jelly Price in France (CIF) - 2022

In 2022, the average petroleum jelly import price amounted to $3,938 per ton, jumping by 25% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, petroleum jelly import price increased by +95.9% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of 49%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,326 per ton), while the price for Spain ($2,696 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Petroleum Jelly Price in France (FOB) - 2022

The average petroleum jelly export price stood at $3,829 per ton in 2022, which is down by -4.1% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 58% against the previous year. The export price peaked at $5,265 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($22,510 per ton), while the average price for exports to Germany ($1,262 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 the United States (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Petroleum Jelly Imports in France

In 2022, purchases abroad of petroleum jellies decreased by -9.4% to 2.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 101%. As a result, imports reached the peak of 3.2K tons, and then contracted in the following year.

In value terms, petroleum jelly imports expanded notably to $12M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 158% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Petroleum Jelly in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.31.56.48.051.5%
Netherlands1.00.91.32.026.0%
Hungary0.30.50.50.626.0%
Italy0.1N/A1.00.226.0%
United Kingdom0.10.10.20.226.0%
Spain0.40.50.30.1-37.0%
Others0.40.30.50.57.7%
Total4.74.010.211.635.1%

Top Suppliers of Petroleum Jelly to France in 2022:

  1. Germany (2062.6 tons)
  2. Netherlands (515.0 tons)
  3. Hungary (193.3 tons)
  4. Spain (40.6 tons)
  5. United Kingdom (34.3 tons)
  6. Italy (14.3 tons)

Petroleum Jelly Exports in France

In 2022, the amount of petroleum jellies exported from France totaled 1.3K tons, with an increase of 5.3% on the previous year's figure. Overall, exports, however, continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 28%.

In value terms, petroleum jelly exports totaled $4.9M in 2022. In general, exports recorded a mild expansion. The pace of growth appeared the most rapid in 2021 with an increase of 20%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Petroleum Jelly in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,454641612577-26.5%
Norway2646431,06349923.6%
Spain13535025344548.8%
Netherlands25922022040916.5%
Greece19018920035122.7%
Italy2892132433456.1%
Belgium2771403393063.4%
United States2963042753030.8%
Romania277140155229-6.1%
Algeria14.310.66.5159123.2%
Philippines20879.419.9145-11.3%
Thailand39.276.812488.731.3%
India17.014.36.786.271.8%
Others1,0089931,300920-3.0%
Total4,7274,0134,8194,8651.0%

Top Export Markets for Petroleum Jelly from France in 2022:

  1. Germany (457.5 tons)
  2. Italy (181.3 tons)
  3. Netherlands (96.0 tons)
  4. Spain (74.4 tons)
  5. Greece (65.1 tons)
  6. Belgium (60.9 tons)
  7. Algeria (42.3 tons)
  8. Romania (37.1 tons)
  9. Thailand (27.1 tons)
  10. Philippines (26.2 tons)
  11. United States (23.2 tons)
  12. Norway (22.2 tons)
  13. India (19.8 tons)

Source: IndexBox Market Intelligence Platform

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