Export price comparison

Indonesia petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils export prices (HS6 271000)

Compare Indonesia export unit values across reported markets, then see which destinations sit above, near, or below their market median.

IndonesiaHS6 271000127 reported marketsLatest price year 2023

Price spread

29,088.6%Highest versus lowest market price

Total trade value

$13.4BReported value across markets

Average quantity

108,290 tAverage reported market quantity

Markets compared

127Markets with price observations

Price snapshot

How does Indonesia price petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils globally?

Indonesia has a median reported export price of $1.6K/t across 127 markets. Across the reported period, the highest observed market price is $469.0K/t in The former Yugoslav Republic of Macedonia; the lowest is $0.8/t in Mozambique.

Price range

From the lowest to highest reported price

Reported unit values are shown per metric ton. The range uses all reported market-year observations. The market comparison below shows the latest reported year for each destination.

Lowest
$0.8/tMozambique
Median
$1.6K/t
Highest
$469.0K/tThe former Yugoslav Republic of Macedonia

Highest observed

The former Yugoslav Republic of Macedonia

$469.0K/t

Premium

Lowest observed

Mozambique

$0.8/t

Budget

Destination comparison

Latest prices and market change

Compare the latest reported price with each market median, then review year-over-year movement and change since the first reported year. Period totals use the reported years shown; missing years are not filled in.

Singapore2023 · 2017–2023
Mid
Latest price
$565.1/t
Vs median
-2.6%
YoY (2022–2023)
-24.2%
Since 2017
+24.4%
Trade value (2017–2023)
$3.5B
Years reported
5
Malaysia2023 · 2017–2023
Below
Latest price
$484.9/t
Vs median
-58.7%
YoY (2022–2023)
-23.5%
Since 2017
+9.2%
Trade value (2017–2023)
$3.2B
Years reported
5
Bangladesh2023 · 2017–2023
Below
Latest price
$766.9/t
Vs median
-33.3%
YoY (2022–2023)
-10.6%
Since 2017
+75.6%
Trade value (2017–2023)
$602.7M
Years reported
5
Australia2023 · 2017–2023
Below
Latest price
$638.7/t
Vs median
-64.4%
YoY (2022–2023)
+1.1%
Since 2017
+35.6%
Trade value (2017–2023)
$1.4B
Years reported
5
China2023 · 2017–2023
Mid
Latest price
$943.0/t
Vs median
-12.9%
YoY (2022–2023)
+37.5%
Since 2017
+224.7%
Trade value (2017–2023)
$781.0M
Years reported
5
Republic of Korea2023 · 2017–2023
Mid
Latest price
$829.1/t
Vs median
-17.8%
YoY (2022–2023)
-13.7%
Since 2017
+20.5%
Trade value (2017–2023)
$900.4M
Years reported
5
USA, Puerto Rico and US Virgin Islands2023 · 2017–2023
Above
Latest price
$1.5K/t
Vs median
+73.7%
YoY (2022–2023)
-30.7%
Since 2017
+21.8%
Trade value (2017–2023)
$668.6M
Years reported
5
Netherlands2023 · 2017–2023
Above
Latest price
$1.5K/t
Vs median
+25.8%
YoY (2022–2023)
+4.3%
Since 2017
+94.9%
Trade value (2017–2023)
$560.5M
Years reported
5
Myanmar2023 · 2017–2023
Below
Latest price
$861.2/t
Vs median
-27.5%
YoY (2022–2023)
+14.7%
Since 2017
+143.8%
Trade value (2017–2023)
$131.2M
Years reported
5
South Africa2023 · 2017–2023
Mid
Latest price
$763.8/t
Vs median
+1.1%
YoY (2022–2023)
-70.2%
Since 2017
+93%
Trade value (2017–2023)
$88.3M
Years reported
5
Sri Lanka2023 · 2017–2023
Below
Latest price
$751.7/t
Vs median
-77.3%
YoY (2022–2023)
-58.3%
Since 2017
-44.4%
Trade value (2017–2023)
$60.7M
Years reported
5
Iraq2023 · 2022–2023
Below
Latest price
$826.5/t
Vs median
-59.3%
YoY (2022–2023)
-16.3%
Since 2022
-16.3%
Trade value (2022–2023)
$129.9M
Years reported
2
Oman2023 · 2017–2023
Below
Latest price
$932.5/t
Vs median
-39.7%
YoY (2022–2023)
-13.4%
Since 2017
-44.5%
Trade value (2017–2023)
$121.5M
Years reported
5
Marshall Isds2023 · 2023
Mid
Latest price
$706.9/t
Vs median
-20.6%
Year-over-year
Not reported
Since 2023
+0%
Trade value (2023)
$45.5M
Years reported
1
Belgium2023 · 2017–2023
Mid
Latest price
$1.1K/t
Vs median
-20%
YoY (2022–2023)
-96.8%
Since 2017
+3.2%
Trade value (2017–2023)
$35.7M
Years reported
5
Mozambique2022 · 2020–2022
Below
Latest price
$423.1/t
Vs median
-84.5%
YoY (2020–2022)
+54,703%
Since 2020
+54,703%
Trade value (2020–2022)
$18.3M
Years reported
2
The former Yugoslav Republic of Macedonia2022 · 2020–2022
Above
Latest price
$469.0K/t
Vs median
+19,690.8%
YoY (2020–2022)
+11,060.3%
Since 2020
+11,060.3%
Trade value (2020–2022)
$1.5K
Years reported
2
MarketLatest yearLatest priceVs medianYear-over-year changeSince first yearTrade value (2017–2023)Years reportedPosition
Singapore2023$565.1/t-2.6%-24.2%+24.4%$3.5B5Mid
Malaysia2023$484.9/t-58.7%-23.5%+9.2%$3.2B5Below
Bangladesh2023$766.9/t-33.3%-10.6%+75.6%$602.7M5Below
Australia2023$638.7/t-64.4%+1.1%+35.6%$1.4B5Below
China2023$943.0/t-12.9%+37.5%+224.7%$781.0M5Mid
Republic of Korea2023$829.1/t-17.8%-13.7%+20.5%$900.4M5Mid
USA, Puerto Rico and US Virgin Islands2023$1.5K/t+73.7%-30.7%+21.8%$668.6M5Above
Netherlands2023$1.5K/t+25.8%+4.3%+94.9%$560.5M5Above
Myanmar2023$861.2/t-27.5%+14.7%+143.8%$131.2M5Below
South Africa2023$763.8/t+1.1%-70.2%+93%$88.3M5Mid
Sri Lanka2023$751.7/t-77.3%-58.3%-44.4%$60.7M5Below
Iraq2023$826.5/t-59.3%-16.3%-16.3%$129.9M2Below
Oman2023$932.5/t-39.7%-13.4%-44.5%$121.5M5Below
Marshall Isds2023$706.9/t-20.6%Not reported+0%$45.5M1Mid
Belgium2023$1.1K/t-20%-96.8%+3.2%$35.7M5Mid
Mozambique2022$423.1/t-84.5%+54,703%+54,703%$18.3M2Below
The former Yugoslav Republic of Macedonia2022$469.0K/t+19,690.8%+11,060.3%+11,060.3%$1.5K2Above

Annual trend and growth

How reported export prices changed by year

Weighted unit value is calculated from total reported trade value divided by total reported quantity for each year. Growth compares with the prior reported year; gaps are not interpolated.

20172017: $469.0/t20192019: $665.0/t20202020: $61.6/t20222022: $793.4/t20232023: $634.6/t

Reported weighted unit value per metric ton

2017$469.0/tFirst reported year
2019$665.0/t+41.8% vs prior reported year
2020$61.6/t-90.7% vs prior reported year
2022$793.4/t+1,187.9% vs prior reported year
2023$634.6/t-20% vs prior reported year
YearWeighted priceChange vs prior reported yearTrade valueMarkets
2017$469.0/tNot reported$1.5B68
2019$665.0/t+41.8%$1.9B88
2020$61.6/t-90.7%$1.7B78
2022$793.4/t+1,187.9%$3.8B94
2023$634.6/t-20%$4.4B94

Price history

How selected market prices changed over time

Recent reported unit values for the leading markets in this price view.

Singapore

Mid

$565.1/t latest reported unit value

Malaysia

Budget

$484.9/t latest reported unit value

Bangladesh

Budget

$766.9/t latest reported unit value

Australia

Budget

$638.7/t latest reported unit value

China

Mid

$943.0/t latest reported unit value

Interpretation

Use price position with context

How to read this comparison

Where does the exporter sit in the price range?

Indonesia is compared with each market's own median rather than a single global average. A below-median position can indicate a lower observed unit value, while an above-median position indicates a higher one. Neither position alone establishes profitability.

Methodology and coverage

From reported trade to market position

The page turns reported trade into a comparable unit value, then compares each market with its own median.

01

Reported input

Unit value

For each market and year, trade value is divided by the reported quantity.

Unit valueTrade value (USD) ÷ Quantity (metric tons)
02

Market comparison

Vs market median

The result is compared with the median reported unit value for the same product and year.

Vs median(Market unit value Market median) ÷ Market median × 100
AboveMidBelow

Common questions

Price positioning FAQ

What does Indonesia price positioning show for HS 271000?

It compares Indonesia's reported unit values across markets with each market's median for the same product and year.

What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

Can I compare this with the wider Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

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