# Sri Lanka 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/lka/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Sri Lanka has a median reported export price of $727.8/t across 99 markets. Across the reported period, the highest observed price is $213.6K/t in Mali; the lowest is $68.2/t in Papua New Guinea.

## Summary

- Price spread: 29,346.3%
- Total trade value: $1.1B
- Average quantity: 6,006 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| United Arab Emirates | 2023 | $1.2K/t | +12.9% | +53.1% | +230.8% | $256.7M | 5 | Mid |
| India | 2023 | $1.6K/t | +68.3% | +128.4% | +477.1% | $203.4M | 5 | Above |
| Bangladesh | 2023 | $925.5/t | -19.5% | -7.7% | -9.4% | $106.5M | 5 | Mid |
| Singapore | 2023 | $883.4/t | +52.2% | +29.5% | +105.6% | $162.7M | 5 | Above |
| Djibouti | 2023 | $1.1K/t | -27.8% | +1.5% | +1.5% | $18.0M | 2 | Below |
| South Africa | 2023 | $680.6/t | -9.9% | -14.1% | +43.7% | $31.1M | 5 | Mid |
| China, Hong Kong Special Administrative Region | 2023 | $927.1/t | -35.1% | +35.6% | +43.1% | $32.3M | 4 | Below |
| Maldives | 2023 | $972.3/t | -82.2% | -11.2% | +36.4% | $20.0M | 5 | Below |
| Egypt | 2023 | $825.1/t | -33.1% | -1.9% | +123% | $13.8M | 5 | Below |
| Nigeria | 2023 | $849.1/t | -35.6% | -26.7% | +85.2% | $6.6M | 3 | Below |
| Malaysia | 2023 | $1.3K/t | +12% | +45.4% | +278.2% | $41.3M | 5 | Mid |
| Brazil | 2023 | $668.3/t | -40.4% | -8.9% | +78.9% | $11.7M | 5 | Below |
| Pakistan | 2023 | $972.8/t | -22.2% | -14.3% | +159.4% | $7.6M | 5 | Mid |
| Italy | 2023 | $775.9/t | -14.6% | -18.3% | +117.4% | $6.6M | 5 | Mid |
| China | 2023 | $674.6/t | -37.7% | +11.2% | +67.5% | $25.6M | 5 | Below |
| Mali | 2023 | $32.6K/t | +1,479.4% | -84.7% | -84.7% | $438.2K | 2 | Above |
| Papua New Guinea | 2023 | $12.7K/t | +4,757.5% | +18,477.8% | +18,477.8% | $44.0 | 2 | Above |

## Price history

- United Arab Emirates: 2017 $365.7/t, 2019 $1.4K/t, 2020 $247.0/t, 2022 $790.3/t, 2023 $1.2K/t
- India: 2017 $279.3/t, 2019 $1.0K/t, 2020 $419.3/t, 2022 $705.7/t, 2023 $1.6K/t
- Bangladesh: 2017 $1.0K/t, 2019 $620.3/t, 2020 $528.2/t, 2022 $1.0K/t, 2023 $925.5/t
- Singapore: 2017 $429.7/t, 2019 $904.7/t, 2020 $1.0K/t, 2022 $682.1/t, 2023 $883.4/t
- Djibouti: 2022 $1.1K/t, 2023 $1.1K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $391.5/t | Not reported | $172.0M | 49 |
| 2019 | $845.9/t | +116.1% | $263.3M | 56 |
| 2020 | $453.3/t | -46.4% | $202.1M | 59 |
| 2022 | $812.1/t | +79.2% | $213.9M | 60 |
| 2023 | $1.0K/t | +28.1% | $237.0M | 57 |

## 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; 99 importer markets; 281 reported market-year observations.

## FAQ

### What does Sri Lanka price positioning show for HS 271000?

It compares Sri Lanka'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": "LKA",
  "hs_code": "271000",
  "summary": {
    "num_markets": 99,
    "highest_price_importer_iso3": "MLI",
    "highest_price_usd_per_ton": 213636.67481662592,
    "lowest_price_importer_iso3": "PNG",
    "lowest_price_usd_per_ton": 68.18181818181819,
    "median_price_across_markets": 727.7521423862887,
    "price_spread_pct": 29346.322815094176,
    "avg_quantity_metric_tons": 6005.61728113879,
    "total_trade_value_usd": 1088238026
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "LKA",
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      "hs_code": "271000",
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      "quantity_metric_tons": 40742.065,
      "trade_value_usd": 49283327,
      "market_median_price_usd_per_ton": 1071.2083435904422,
      "price_vs_median_pct": 12.923162995377938,
      "price_position": "Mid"
    },
    {
      "year": 2023,
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    {
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    {
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    {
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  "marketAggregates": [
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      "importer_iso3": "ARE",
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      "importer_iso3": "EGY",
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    {
      "importer_iso3": "ITA",
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    {
      "importer_iso3": "CHN",
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      "latest_unit_value_usd_per_ton": 674.6016560246151,
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      "observed_years": 5
    },
    {
      "importer_iso3": "MLI",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 32600,
      "market_median_price_usd_per_ton": 2064.1039931429714,
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