# Norway 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/nor/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Norway has a median reported export price of $3.2K/t across 120 markets. Across the reported period, the highest observed price is $1.9M/t in Slovakia; the lowest is $1.1/t in Mozambique.

## Summary

- Price spread: 59,008.6%
- Total trade value: $29.5B
- Average quantity: 114,190 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| USA, Puerto Rico and US Virgin Islands | 2023 | $731.1/t | -13.2% | -10% | +31.6% | $4.1B | 5 | Mid |
| Nigeria | 2023 | $806.2/t | -38.8% | -13.5% | +59.1% | $4.1B | 5 | Below |
| Sweden | 2023 | $907.1/t | -18.2% | -22% | +91.5% | $3.6B | 5 | Mid |
| United Kingdom | 2023 | $863.1/t | -25.5% | -13.2% | +78.6% | $2.7B | 5 | Below |
| Belgium | 2023 | $662.2/t | -52.3% | -27.7% | +86.4% | $2.3B | 5 | Below |
| Iceland | 2023 | $950.2/t | -24.1% | -12.4% | +92.9% | $2.1B | 5 | Mid |
| Germany | 2023 | $772.7/t | -30.8% | -16.7% | +74.2% | $1.2B | 5 | Below |
| Netherlands | 2023 | $566.6/t | -53% | -19.8% | +36.3% | $2.6B | 5 | Below |
| Denmark | 2023 | $780.8/t | -28.9% | -15.4% | +51.6% | $1.7B | 5 | Below |
| Kenya | 2017 | $577.5/t | -47% | Not reported | +0% | $71.3M | 1 | Below |
| Ghana | 2023 | $567.0/t | -45.1% | -94.4% | +5.4% | $96.0M | 5 | Below |
| Burkina Faso | 2023 | $1.1K/t | -6% | +42.5% | +53.3% | $133.9M | 5 | Mid |
| Cameroon | 2023 | $480.2/t | -64.5% | -36.3% | -61.7% | $150.8M | 4 | Below |
| France | 2023 | $797.6/t | -34% | -19.8% | +62.5% | $298.7M | 5 | Below |
| Côte d'Ivoire | 2023 | $1.2K/t | -25.3% | +9% | -63.7% | $177.0M | 5 | Below |
| Mozambique | 2022 | $26.1K/t | +857.5% | +7,886.7% | +2,398,294.5% | $29.2K | 3 | Above |
| Slovakia | 2020 | $1.9M/t | +140,040.7% | Not reported | +0% | $1.9K | 1 | Above |

## Price history

- USA, Puerto Rico and US Virgin Islands: 2017 $555.5/t, 2019 $679.4/t, 2020 $323.2/t, 2022 $812.0/t, 2023 $731.1/t
- Nigeria: 2017 $506.7/t, 2019 $540.7/t, 2020 $409.5/t, 2022 $932.2/t, 2023 $806.2/t
- Sweden: 2017 $473.6/t, 2019 $569.4/t, 2020 $402.4/t, 2022 $1.2K/t, 2023 $907.1/t
- United Kingdom: 2017 $483.2/t, 2019 $584.8/t, 2020 $358.9/t, 2022 $994.5/t, 2023 $863.1/t
- Belgium: 2017 $355.2/t, 2019 $492.8/t, 2020 $348.0/t, 2022 $915.4/t, 2023 $662.2/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $482.4/t | Not reported | $5.3B | 82 |
| 2019 | $594.4/t | +23.2% | $6.4B | 83 |
| 2020 | $368.2/t | -38.1% | $3.5B | 74 |
| 2022 | $937.3/t | +154.6% | $7.7B | 87 |
| 2023 | $781.8/t | -16.6% | $6.6B | 93 |

## 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; 120 importer markets; 419 reported market-year observations.

## FAQ

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

It compares Norway'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": "NOR",
  "hs_code": "271000",
  "summary": {
    "num_markets": 120,
    "highest_price_importer_iso3": "SVK",
    "highest_price_usd_per_ton": 1873000,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 1.0875138523627583,
    "median_price_across_markets": 3174.109090909091,
    "price_spread_pct": 59008.64963496593,
    "avg_quantity_metric_tons": 114190.02439379478,
    "total_trade_value_usd": 29481235082
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "NOR",
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      "quantity_metric_tons": 1660260.082,
      "trade_value_usd": 1213875943,
      "market_median_price_usd_per_ton": 841.8784186847626,
      "price_vs_median_pct": -13.15420368912178,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "NOR",
      "importer_iso3": "NGA",
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      "price_vs_median_pct": -18.22767767637992,
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    },
    {
      "year": 2023,
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      "unit_value_usd_per_ton": 566.6255185259297,
      "quantity_metric_tons": 644918.568,
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    {
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    },
    {
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      "importer_iso3": "KEN",
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  "marketAggregates": [
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      "importer_iso3": "FRA",
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    {
      "importer_iso3": "CIV",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 1167.4508166756852,
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    },
    {
      "importer_iso3": "MOZ",
      "latest_year": 2022,
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