# Namibia 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/nam/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Namibia has a median reported export price of $1.1K/t across 95 markets. Across the reported period, the highest observed price is $93.1K/t in United Kingdom; the lowest is $1.7/t in Saint Vincent and the Grenadines.

## Summary

- Price spread: 8,770.7%
- Total trade value: $888.2M
- Average quantity: 3,601 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Botswana | 2023 | $982.1/t | -60.3% | -3.1% | +75.4% | $686.0M | 5 | Below |
| Zambia | 2023 | $905.7/t | -28.3% | +1.6% | +728.9% | $18.4M | 5 | Below |
| Zimbabwe | 2023 | $1.6K/t | +13.4% | +43.5% | +107.5% | $23.4M | 5 | Mid |
| Malta | 2023 | $788.3/t | -52.9% | +269.9% | +26.5% | $37.5M | 4 | Below |
| Congo, Rep. of the | 2023 | $996.0/t | -49.6% | -14.5% | -14.5% | $8.9M | 2 | Below |
| Spain | 2023 | $1.3K/t | +9.8% | +29.4% | -35.1% | $7.8M | 5 | Mid |
| Iceland | 2022 | $1.5K/t | +7.6% | Not reported | +0% | $3.7M | 1 | Mid |
| India | 2023 | $886.5/t | -7.4% | -16.5% | +163.3% | $4.3M | 5 | Mid |
| Democratic Republic of the Congo | 2023 | $826.9/t | -59.5% | -21.3% | +25.5% | $6.1M | 5 | Below |
| Vanuatu | 2023 | $594.0/t | -47.9% | -69.5% | +21.3% | $2.6M | 5 | Below |
| South Africa | 2023 | $2.7K/t | +256.5% | +90.2% | +159.8% | $11.0M | 5 | Above |
| Bahamas | 2023 | $848.2/t | +5.6% | +10.5% | +79.2% | $5.6M | 5 | Mid |
| Saint Vincent and the Grenadines | 2023 | $1.1K/t | -10.5% | -43.5% | +51.1% | $2.5M | 5 | Mid |
| Marshall Isds | 2023 | $888.0/t | -0.2% | -17% | +193.7% | $15.6M | 5 | Mid |
| Angola | 2023 | $10.1K/t | +253.7% | +179.9% | +503.1% | $3.9M | 5 | Above |
| United Kingdom | 2023 | $2.4K/t | +110.9% | +208.9% | +504% | $1.8M | 5 | Above |

## Price history

- Botswana: 2017 $559.9/t, 2019 $576.2/t, 2020 $1.1K/t, 2022 $1.0K/t, 2023 $982.1/t
- Zambia: 2017 $109.3/t, 2019 $451.7/t, 2020 $1.6K/t, 2022 $891.3/t, 2023 $905.7/t
- Zimbabwe: 2017 $764.3/t, 2019 $649.7/t, 2020 $612.0/t, 2022 $1.1K/t, 2023 $1.6K/t
- Malta: 2019 $623.1/t, 2020 $354.3/t, 2022 $213.1/t, 2023 $788.3/t
- Congo, Rep. of the: 2022 $1.2K/t, 2023 $996.0/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $551.7/t | Not reported | $41.6M | 56 |
| 2019 | $624.4/t | +13.2% | $54.2M | 53 |
| 2020 | $1.0K/t | +68.1% | $163.2M | 47 |
| 2022 | $887.1/t | -15.5% | $329.1M | 54 |
| 2023 | $994.5/t | +12.1% | $300.1M | 65 |

## 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; 95 importer markets; 275 reported market-year observations.

## FAQ

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

It compares Namibia'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": "NAM",
  "hs_code": "271000",
  "summary": {
    "num_markets": 95,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 93066.66666666667,
    "lowest_price_importer_iso3": "VCT",
    "lowest_price_usd_per_ton": 1.7357142857142858,
    "median_price_across_markets": 1061.0864498945732,
    "price_spread_pct": 8770.720892876132,
    "avg_quantity_metric_tons": 3601.23348,
    "total_trade_value_usd": 888194035
  },
  "marketRows": [
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      "quantity_metric_tons": 243460.59,
      "trade_value_usd": 239101397,
      "market_median_price_usd_per_ton": 2472.2222222222226,
      "price_vs_median_pct": -60.27481416182196,
      "price_position": "Budget"
    },
    {
      "year": 2023,
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  ],
  "trendRows": [
    {
      "importer_iso3": "BWA",
      "position": "Budget",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 559.8809760360087
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 576.2499387007603
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