# Libya 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/lby/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Libya has a median reported export price of $581.7/t across 39 markets. Across the reported period, the highest observed price is $2.2K/t in Mali; the lowest is $145.4/t in United Arab Emirates.

## Summary

- Price spread: 356.6%
- Total trade value: $3.5B
- Average quantity: 55,147 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Spain | 2023 | $688.7/t | -42.9% | -25.7% | +37.4% | $557.9M | 4 | Below |
| France | 2023 | $921.2/t | -23.7% | +5.4% | +117.5% | $238.6M | 5 | Mid |
| Italy | 2023 | $787.2/t | -13.3% | -10.8% | +76.1% | $546.6M | 5 | Mid |
| Lebanon | 2023 | $2.1K/t | +12.1% | +124.6% | +200.9% | $144.9M | 3 | Mid |
| Singapore | 2023 | $571.9/t | -1.5% | -33.3% | +30.5% | $172.4M | 3 | Mid |
| Greece | 2023 | $606.5/t | -52.8% | -13% | +158.5% | $123.9M | 4 | Below |
| Tunisia | 2023 | $895.6/t | -38.3% | -20.6% | +54% | $208.5M | 3 | Below |
| Morocco | 2023 | $897.4/t | -19.1% | +21.8% | +50.4% | $77.9M | 4 | Mid |
| Gibraltar | 2019 | $593.9/t | +14.5% | Not reported | +0% | $59.5M | 1 | Mid |
| Brazil | 2019 | $471.0/t | -47.3% | +9.1% | +9.1% | $62.0M | 2 | Below |
| Germany | 2023 | $610.0/t | -45.4% | -21.1% | +69.9% | $217.5M | 5 | Below |
| United Kingdom | 2023 | $781.1/t | -32.6% | +86.3% | +86.3% | $60.5M | 2 | Below |
| China | 2019 | $533.6/t | -36.7% | Not reported | +0% | $45.4M | 1 | Below |
| Republic of Korea | 2023 | $723.2/t | -28.3% | -8.9% | +23.4% | $157.6M | 3 | Below |
| Ukraine | 2022 | $708.1/t | -48% | Not reported | +0% | $24.9M | 1 | Below |
| United Arab Emirates | 2023 | $145.4/t | -86.4% | -47.7% | -1.1% | $3.9M | 4 | Below |
| Mali | 2020 | $2.2K/t | +60.8% | Not reported | +0% | $75.0K | 1 | Above |

## Price history

- Spain: 2017 $501.4/t, 2019 $483.8/t, 2022 $926.6/t, 2023 $688.7/t
- France: 2017 $423.5/t, 2019 $561.3/t, 2020 $524.5/t, 2022 $874.2/t, 2023 $921.2/t
- Italy: 2017 $447.0/t, 2019 $532.4/t, 2020 $530.2/t, 2022 $882.2/t, 2023 $787.2/t
- Lebanon: 2019 $689.2/t, 2022 $923.4/t, 2023 $2.1K/t
- Singapore: 2019 $438.4/t, 2022 $857.7/t, 2023 $571.9/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $566.8/t | Not reported | $557.8M | 16 |
| 2019 | $556.8/t | -1.8% | $1.1B | 27 |
| 2020 | $526.8/t | -5.4% | $106.0M | 11 |
| 2022 | $875.5/t | +66.2% | $769.0M | 20 |
| 2023 | $779.2/t | -11% | $954.8M | 23 |

## 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; 39 importer markets; 97 reported market-year observations.

## FAQ

### What does Libya price positioning show for HS 271000?

It compares Libya'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": "LBY",
  "hs_code": "271000",
  "summary": {
    "num_markets": 39,
    "highest_price_importer_iso3": "MLI",
    "highest_price_usd_per_ton": 2219.798757028707,
    "lowest_price_importer_iso3": "ARE",
    "lowest_price_usd_per_ton": 145.36639571426676,
    "median_price_across_markets": 581.6733862940022,
    "price_spread_pct": 356.63181610064845,
    "avg_quantity_metric_tons": 55146.50406185567,
    "total_trade_value_usd": 3534593581
  },
  "marketRows": [
    {
      "year": 2023,
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      "quantity_metric_tons": 184967,
      "trade_value_usd": 127377976,
      "market_median_price_usd_per_ton": 1205.845313860223,
      "price_vs_median_pct": -42.89048248642402,
      "price_position": "Budget"
    },
    {
      "year": 2023,
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    {
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      "year": 2022,
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      "importer_iso3": "GIB",
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      "importer_iso3": "BRA",
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      "importer_iso3": "KOR",
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    {
      "importer_iso3": "ARE",
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