# Malaysia 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/mys/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Malaysia has a median reported export price of $1.1K/t across 170 markets. Across the reported period, the highest observed price is $1.8M/t in Guatemala; the lowest is $7.9/t in Mozambique.

## Summary

- Price spread: 161,172.1%
- Total trade value: $134.4B
- Average quantity: 393,696 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Singapore | 2023 | $565.9/t | -2.5% | -12.7% | +43.1% | $41.3B | 5 | Mid |
| Australia | 2023 | $675.8/t | -62.3% | -20.8% | +56.1% | $13.4B | 5 | Below |
| Indonesia | 2023 | $739.4/t | -62.1% | -20.1% | +40.1% | $16.0B | 5 | Below |
| China | 2023 | $248.9/t | -77% | -37.1% | -34.8% | $8.8B | 5 | Below |
| Republic of Korea | 2023 | $555.5/t | -44.9% | -7.4% | +72.4% | $4.9B | 5 | Below |
| Viet Nam | 2023 | $811.6/t | -22.3% | -4.6% | +81.1% | $6.7B | 5 | Mid |
| Philippines | 2023 | $713.4/t | -74.2% | -12.4% | +46.2% | $3.6B | 5 | Below |
| Bangladesh | 2023 | $771.6/t | -32.9% | -13.4% | +66.2% | $6.0B | 5 | Below |
| Myanmar | 2023 | $1.4K/t | +18.7% | +73.3% | +205% | $2.4B | 5 | Mid |
| New Zealand | 2023 | $717.5/t | -78.4% | -24.6% | +9.8% | $1.6B | 5 | Below |
| China, Hong Kong Special Administrative Region | 2023 | $465.4/t | -67.4% | -17.5% | +13.7% | $3.5B | 5 | Below |
| France | 2023 | $856.1/t | -29.1% | -9.6% | +64.3% | $1.6B | 5 | Below |
| Other Asia, nes | 2023 | $547.9/t | -59.4% | -96.2% | +49.2% | $2.8B | 5 | Below |
| South Africa | 2023 | $729.5/t | -3.4% | -22.1% | +70.2% | $1.8B | 5 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2023 | $511.5/t | -39.2% | -18.2% | -42.8% | $1.7B | 5 | Below |
| Mozambique | 2023 | $1.2K/t | +9.9% | +14.6% | +6,014.4% | $506.3M | 5 | Mid |
| Guatemala | 2023 | $29.2K/t | +900.4% | +5,844.3% | -98.4% | $18.0M | 5 | Above |

## Price history

- Singapore: 2017 $395.5/t, 2019 $435.5/t, 2020 $309.0/t, 2022 $648.3/t, 2023 $565.9/t
- Australia: 2017 $432.9/t, 2019 $484.6/t, 2020 $341.9/t, 2022 $853.3/t, 2023 $675.8/t
- Indonesia: 2017 $527.8/t, 2019 $556.6/t, 2020 $362.0/t, 2022 $925.7/t, 2023 $739.4/t
- China: 2017 $381.4/t, 2019 $357.1/t, 2020 $290.7/t, 2022 $395.7/t, 2023 $248.9/t
- Republic of Korea: 2017 $322.3/t, 2019 $432.4/t, 2020 $338.1/t, 2022 $599.7/t, 2023 $555.5/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $421.7/t | Not reported | $15.4B | 111 |
| 2019 | $444.0/t | +5.3% | $21.6B | 130 |
| 2020 | $321.6/t | -27.6% | $18.1B | 133 |
| 2022 | $779.5/t | +142.4% | $41.7B | 143 |
| 2023 | $589.9/t | -24.3% | $37.6B | 140 |

## 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; 170 importer markets; 657 reported market-year observations.

## FAQ

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

It compares Malaysia'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": "MYS",
  "hs_code": "271000",
  "summary": {
    "num_markets": 170,
    "highest_price_importer_iso3": "GTM",
    "highest_price_usd_per_ton": 1836000,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 7.8589866668002175,
    "median_price_across_markets": 1139.1503387576008,
    "price_spread_pct": 161172.06645575276,
    "avg_quantity_metric_tons": 393696.2933926939,
    "total_trade_value_usd": 134424118043
  },
  "marketRows": [
    {
      "year": 2023,
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      "trade_value_usd": 8463890729,
      "market_median_price_usd_per_ton": 580.3895359938896,
      "price_vs_median_pct": -2.4993068322703595,
      "price_position": "Mid"
    },
    {
      "year": 2023,
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  "marketAggregates": [
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      "importer_iso3": "ZAF",
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    {
      "importer_iso3": "USA",
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    },
    {
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