# Lithuania 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/ltu/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Lithuania has a median reported export price of $1.5K/t across 143 markets. Across the reported period, the highest observed price is $144.0K/t in Equatorial Guinea; the lowest is $75.7/t in Angola.

## Summary

- Price spread: 9,337.2%
- Total trade value: $20.4B
- Average quantity: 55,202 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Poland | 2023 | $880.8/t | -35.2% | -18.8% | +69.2% | $2.4B | 5 | Below |
| Latvia | 2023 | $866.6/t | -52.6% | -20.8% | +71.6% | $3.3B | 5 | Below |
| USA, Puerto Rico and US Virgin Islands | 2023 | $720.2/t | -14.5% | -1.9% | +20.2% | $3.6B | 5 | Mid |
| Ukraine | 2023 | $961.9/t | -12.4% | -15.3% | +73% | $3.1B | 5 | Mid |
| Estonia | 2023 | $867.0/t | -44.8% | -16.6% | +69.3% | $2.5B | 5 | Below |
| Netherlands | 2023 | $440.5/t | -63.5% | -21.7% | +77.1% | $1.1B | 5 | Below |
| Morocco | 2023 | $996.1/t | -10.2% | -23.2% | +84.6% | $513.9M | 5 | Mid |
| Gibraltar | 2023 | $803.3/t | +13.4% | -6.6% | -6.6% | $236.5M | 2 | Mid |
| Germany | 2023 | $1.4K/t | +28.9% | -31.3% | +5.2% | $115.9M | 5 | Above |
| Brazil | 2023 | $984.4/t | -12.2% | -70% | -74% | $55.6M | 3 | Mid |
| Turkey | 2023 | $922.6/t | -39.5% | -81.2% | -41.4% | $49.6M | 5 | Below |
| Oman | 2023 | $923.9/t | -40.3% | -16.6% | -54% | $41.7M | 5 | Below |
| Bahamas | 2022 | $481.1/t | -60.8% | +131.4% | +131.4% | $73.0M | 2 | Below |
| United Kingdom | 2023 | $1.3K/t | +12.1% | +20.4% | +157.5% | $133.5M | 5 | Mid |
| Nigeria | 2023 | $732.8/t | -44.4% | -29.9% | +37.5% | $178.9M | 5 | Below |
| Angola | 2020 | $5.5K/t | +195.5% | +7,219.5% | +983.4% | $1.3M | 3 | Above |
| Equatorial Guinea | 2023 | $144.0K/t | +5,198.4% | Not reported | +0% | $144.0 | 1 | Above |

## Price history

- Poland: 2017 $520.7/t, 2019 $613.7/t, 2020 $511.3/t, 2022 $1.1K/t, 2023 $880.8/t
- Latvia: 2017 $505.0/t, 2019 $610.5/t, 2020 $374.0/t, 2022 $1.1K/t, 2023 $866.6/t
- USA, Puerto Rico and US Virgin Islands: 2017 $599.0/t, 2019 $614.8/t, 2020 $329.2/t, 2022 $734.4/t, 2023 $720.2/t
- Ukraine: 2017 $555.9/t, 2019 $635.1/t, 2020 $410.1/t, 2022 $1.1K/t, 2023 $961.9/t
- Estonia: 2017 $512.1/t, 2019 $605.1/t, 2020 $347.7/t, 2022 $1.0K/t, 2023 $867.0/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $492.2/t | Not reported | $4.0B | 109 |
| 2019 | $561.2/t | +14% | $3.6B | 111 |
| 2020 | $358.6/t | -36.1% | $1.8B | 117 |
| 2022 | $919.5/t | +156.4% | $5.8B | 121 |
| 2023 | $828.1/t | -9.9% | $5.2B | 126 |

## 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; 143 importer markets; 584 reported market-year observations.

## FAQ

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

It compares Lithuania'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": "LTU",
  "hs_code": "271000",
  "summary": {
    "num_markets": 143,
    "highest_price_importer_iso3": "GNQ",
    "highest_price_usd_per_ton": 144000,
    "lowest_price_importer_iso3": "AGO",
    "lowest_price_usd_per_ton": 75.68807339449542,
    "median_price_across_markets": 1541.4088706671637,
    "price_spread_pct": 9337.192400113225,
    "avg_quantity_metric_tons": 55201.73495034247,
    "total_trade_value_usd": 20441114918
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "LTU",
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      "quantity_metric_tons": 953975.64,
      "trade_value_usd": 840249226,
      "market_median_price_usd_per_ton": 1358.867142998967,
      "price_vs_median_pct": -35.18226686755575,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "LTU",
      "importer_iso3": "LVA",
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      "quantity_metric_tons": 960444.038,
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    {
      "year": 2023,
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  "marketAggregates": [
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      "importer_iso3": "GBR",
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    {
      "importer_iso3": "NGA",
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    {
      "importer_iso3": "AGO",
      "latest_year": 2020,
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