Export price comparison

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

JapanHS6 271000180 reported marketsLatest price year 2023

Price spread

8,919.3%Highest versus lowest market price

Total trade value

$45.9BReported value across markets

Average quantity

88,204 tAverage reported market quantity

Markets compared

180Markets with price observations

Price snapshot

How does Japan 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?

Japan has a median reported export price of $3.7K/t across 180 markets. Across the reported period, the highest observed market price is $334.4K/t in Bermuda; the lowest is $5.5/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
$5.5/tMozambique
Median
$3.7K/t
Highest
$334.4K/tBermuda

Highest observed

Bermuda

$334.4K/t

Mid

Lowest observed

Mozambique

$5.5/t

Premium

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.

Australia2023 · 2017–2023
Below
Latest price
$734.9/t
Vs median
-59%
YoY (2022–2023)
-8.9%
Since 2017
+77%
Trade value (2017–2023)
$10.3B
Years reported
5
Singapore2023 · 2017–2023
Mid
Latest price
$695.1/t
Vs median
+19.8%
YoY (2022–2023)
-8.9%
Since 2017
+45.4%
Trade value (2017–2023)
$6.9B
Years reported
5
China2023 · 2017–2023
Mid
Latest price
$1.3K/t
Vs median
+23.4%
YoY (2022–2023)
-5.7%
Since 2017
+142.6%
Trade value (2017–2023)
$4.2B
Years reported
5
Republic of Korea2023 · 2017–2023
Mid
Latest price
$1.0K/t
Vs median
+0.2%
YoY (2022–2023)
-4%
Since 2017
-27.9%
Trade value (2017–2023)
$4.4B
Years reported
5
Chile2023 · 2017–2023
Below
Latest price
$986.0/t
Vs median
-79.4%
YoY (2022–2023)
+2.5%
Since 2017
+108.5%
Trade value (2017–2023)
$2.3B
Years reported
5
USA, Puerto Rico and US Virgin Islands2023 · 2017–2023
Mid
Latest price
$806.9/t
Vs median
-4.2%
YoY (2022–2023)
-13.6%
Since 2017
-4.3%
Trade value (2017–2023)
$3.9B
Years reported
5
Malaysia2023 · 2017–2023
Mid
Latest price
$951.8/t
Vs median
-18.9%
YoY (2022–2023)
+1.9%
Since 2017
+107.6%
Trade value (2017–2023)
$2.2B
Years reported
5
New Zealand2023 · 2017–2023
Below
Latest price
$777.7/t
Vs median
-76.5%
YoY (2022–2023)
-13.5%
Since 2017
+77.6%
Trade value (2017–2023)
$1.3B
Years reported
5
Mexico2023 · 2017–2023
Below
Latest price
$814.1/t
Vs median
-62%
YoY (2022–2023)
-16.2%
Since 2017
+59.2%
Trade value (2017–2023)
$1.0B
Years reported
5
Philippines2023 · 2017–2023
Below
Latest price
$775.7/t
Vs median
-71.9%
YoY (2022–2023)
-26.5%
Since 2017
+48.5%
Trade value (2017–2023)
$2.0B
Years reported
5
Bangladesh2023 · 2017–2023
Below
Latest price
$833.6/t
Vs median
-27.5%
YoY (2022–2023)
-15.3%
Since 2017
-31.6%
Trade value (2017–2023)
$817.7M
Years reported
5
China, Hong Kong Special Administrative Region2023 · 2017–2023
Below
Latest price
$707.1/t
Vs median
-50.5%
YoY (2022–2023)
-16.2%
Since 2017
+79.8%
Trade value (2017–2023)
$1.7B
Years reported
5
Canada2023 · 2017–2023
Below
Latest price
$711.8/t
Vs median
-54.7%
YoY (2022–2023)
-44.1%
Since 2017
-46.4%
Trade value (2017–2023)
$258.9M
Years reported
5
Other Asia, nes2023 · 2017–2023
Below
Latest price
$882.6/t
Vs median
-34.6%
YoY (2022–2023)
-95.7%
Since 2017
+15.6%
Trade value (2017–2023)
$903.2M
Years reported
5
Ecuador2023 · 2017–2023
Above
Latest price
$42.6K/t
Vs median
+60.5%
YoY (2022–2023)
+3,896.2%
Since 2017
+333.8%
Trade value (2017–2023)
$325.4M
Years reported
5
Mozambique2022 · 2017–2022
Above
Latest price
$5.5K/t
Vs median
+102.3%
YoY (2020–2022)
+3,297.9%
Since 2017
+100,267.4%
Trade value (2017–2022)
$57.1M
Years reported
4
Bermuda2023 · 2017–2023
Mid
Latest price
$5.3K/t
Vs median
+5.7%
YoY (2022–2023)
-72.4%
Since 2017
-75.1%
Trade value (2017–2023)
$9.5K
Years reported
5
MarketLatest yearLatest priceVs medianYear-over-year changeSince first yearTrade value (2017–2023)Years reportedPosition
Australia2023$734.9/t-59%-8.9%+77%$10.3B5Below
Singapore2023$695.1/t+19.8%-8.9%+45.4%$6.9B5Mid
China2023$1.3K/t+23.4%-5.7%+142.6%$4.2B5Mid
Republic of Korea2023$1.0K/t+0.2%-4%-27.9%$4.4B5Mid
Chile2023$986.0/t-79.4%+2.5%+108.5%$2.3B5Below
USA, Puerto Rico and US Virgin Islands2023$806.9/t-4.2%-13.6%-4.3%$3.9B5Mid
Malaysia2023$951.8/t-18.9%+1.9%+107.6%$2.2B5Mid
New Zealand2023$777.7/t-76.5%-13.5%+77.6%$1.3B5Below
Mexico2023$814.1/t-62%-16.2%+59.2%$1.0B5Below
Philippines2023$775.7/t-71.9%-26.5%+48.5%$2.0B5Below
Bangladesh2023$833.6/t-27.5%-15.3%-31.6%$817.7M5Below
China, Hong Kong Special Administrative Region2023$707.1/t-50.5%-16.2%+79.8%$1.7B5Below
Canada2023$711.8/t-54.7%-44.1%-46.4%$258.9M5Below
Other Asia, nes2023$882.6/t-34.6%-95.7%+15.6%$903.2M5Below
Ecuador2023$42.6K/t+60.5%+3,896.2%+333.8%$325.4M5Above
Mozambique2022$5.5K/t+102.3%+3,297.9%+100,267.4%$57.1M4Above
Bermuda2023$5.3K/t+5.7%-72.4%-75.1%$9.5K5Mid

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: $541.2/t20192019: $589.8/t20202020: $454.8/t20222022: $931.2/t20232023: $797.3/t

Reported weighted unit value per metric ton

2017$541.2/tFirst reported year
2019$589.8/t+9% vs prior reported year
2020$454.8/t-22.9% vs prior reported year
2022$931.2/t+104.7% vs prior reported year
2023$797.3/t-14.4% vs prior reported year
YearWeighted priceChange vs prior reported yearTrade valueMarkets
2017$541.2/tNot reported$8.7B140
2019$589.8/t+9%$9.7B162
2020$454.8/t-22.9%$4.1B155
2022$931.2/t+104.7%$13.5B158
2023$797.3/t-14.4%$10.1B161

Price history

How selected market prices changed over time

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

Australia

Budget

$734.9/t latest reported unit value

Singapore

Mid

$695.1/t latest reported unit value

China

Mid

$1.3K/t latest reported unit value

Republic of Korea

Mid

$1.0K/t latest reported unit value

Chile

Budget

$986.0/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?

Japan 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 Japan price positioning show for HS 271000?

It compares Japan'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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