# 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 price positioning (HS 271000)

Canonical: https://www.yugalinks.com/trade/price-exporter/jpn/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

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

## Summary

- Price spread: 8,919.3%
- Total trade value: $45.9B
- Average quantity: 88,204 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Australia | 2023 | $734.9/t | -59% | -8.9% | +77% | $10.3B | 5 | Below |
| Singapore | 2023 | $695.1/t | +19.8% | -8.9% | +45.4% | $6.9B | 5 | Mid |
| China | 2023 | $1.3K/t | +23.4% | -5.7% | +142.6% | $4.2B | 5 | Mid |
| Republic of Korea | 2023 | $1.0K/t | +0.2% | -4% | -27.9% | $4.4B | 5 | Mid |
| Chile | 2023 | $986.0/t | -79.4% | +2.5% | +108.5% | $2.3B | 5 | Below |
| USA, Puerto Rico and US Virgin Islands | 2023 | $806.9/t | -4.2% | -13.6% | -4.3% | $3.9B | 5 | Mid |
| Malaysia | 2023 | $951.8/t | -18.9% | +1.9% | +107.6% | $2.2B | 5 | Mid |
| New Zealand | 2023 | $777.7/t | -76.5% | -13.5% | +77.6% | $1.3B | 5 | Below |
| Mexico | 2023 | $814.1/t | -62% | -16.2% | +59.2% | $1.0B | 5 | Below |
| Philippines | 2023 | $775.7/t | -71.9% | -26.5% | +48.5% | $2.0B | 5 | Below |
| Bangladesh | 2023 | $833.6/t | -27.5% | -15.3% | -31.6% | $817.7M | 5 | Below |
| China, Hong Kong Special Administrative Region | 2023 | $707.1/t | -50.5% | -16.2% | +79.8% | $1.7B | 5 | Below |
| Canada | 2023 | $711.8/t | -54.7% | -44.1% | -46.4% | $258.9M | 5 | Below |
| Other Asia, nes | 2023 | $882.6/t | -34.6% | -95.7% | +15.6% | $903.2M | 5 | Below |
| Ecuador | 2023 | $42.6K/t | +60.5% | +3,896.2% | +333.8% | $325.4M | 5 | Above |
| Mozambique | 2022 | $5.5K/t | +102.3% | +3,297.9% | +100,267.4% | $57.1M | 4 | Above |
| Bermuda | 2023 | $5.3K/t | +5.7% | -72.4% | -75.1% | $9.5K | 5 | Mid |

## Price history

- Australia: 2017 $415.3/t, 2019 $470.0/t, 2020 $378.8/t, 2022 $806.5/t, 2023 $734.9/t
- Singapore: 2017 $478.1/t, 2019 $495.3/t, 2020 $368.9/t, 2022 $762.7/t, 2023 $695.1/t
- China: 2017 $550.8/t, 2019 $585.3/t, 2020 $536.7/t, 2022 $1.4K/t, 2023 $1.3K/t
- Republic of Korea: 2017 $1.4K/t, 2019 $722.5/t, 2020 $700.8/t, 2022 $1.1K/t, 2023 $1.0K/t
- Chile: 2017 $473.0/t, 2019 $571.6/t, 2020 $437.4/t, 2022 $962.0/t, 2023 $986.0/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $541.2/t | Not reported | $8.7B | 140 |
| 2019 | $589.8/t | +9% | $9.7B | 162 |
| 2020 | $454.8/t | -22.9% | $4.1B | 155 |
| 2022 | $931.2/t | +104.7% | $13.5B | 158 |
| 2023 | $797.3/t | -14.4% | $10.1B | 161 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 180 importer markets; 776 reported market-year observations.

## 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.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "JPN",
  "hs_code": "271000",
  "summary": {
    "num_markets": 180,
    "highest_price_importer_iso3": "BMU",
    "highest_price_usd_per_ton": 334357.14285714284,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 5.489614243323443,
    "median_price_across_markets": 3748.6319280962525,
    "price_spread_pct": 8919.29801741566,
    "avg_quantity_metric_tons": 88203.79232860824,
    "total_trade_value_usd": 45939037874
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "JPN",
      "importer_iso3": "AUS",
      "hs_code": "271000",
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      "quantity_metric_tons": 2392376.56,
      "trade_value_usd": 1758096799,
      "market_median_price_usd_per_ton": 1793.3333333333335,
      "price_vs_median_pct": -59.02186172117223,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "JPN",
      "importer_iso3": "SGP",
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      "quantity_metric_tons": 2319526.124,
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    },
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    {
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    {
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    },
    {
      "year": 2023,
      "exporter_iso3": "JPN",
      "importer_iso3": "NZL",
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      "quantity_metric_tons": 604570.887,
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    {
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    {
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  ],
  "marketAggregates": [
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      "importer_iso3": "NZL",
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      "importer_iso3": "MEX",
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      "importer_iso3": "HKG",
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    },
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      "importer_iso3": "CAN",
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    },
    {
      "importer_iso3": "S19",
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    },
    {
      "importer_iso3": "ECU",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 42604.28527911874,
      "market_median_price_usd_per_ton": 26547.366596249052,
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      "yoy_change_pct": 3896.1928007682836,
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    },
    {
      "importer_iso3": "MOZ",
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