# Qatar 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/qat/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Qatar has a median reported export price of $1.0K/t across 103 markets. Across the reported period, the highest observed price is $1.6M/t in Angola; the lowest is $3.4/t in Mozambique.

## Summary

- Price spread: 154,596.7%
- Total trade value: $57.3B
- Average quantity: 297,961 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Japan | 2023 | $678.7/t | -63% | -10.6% | +35.5% | $10.1B | 5 | Below |
| China | 2023 | $1.1K/t | +5.5% | +2.6% | +80.4% | $4.6B | 5 | Mid |
| Republic of Korea | 2023 | $653.9/t | -35.2% | -17.4% | +34.3% | $8.1B | 5 | Below |
| Netherlands | 2023 | $1.3K/t | +9.8% | -12.5% | +136.9% | $3.3B | 5 | Mid |
| Oman | 2023 | $988.4/t | -36.1% | -12.2% | +75.7% | $3.7B | 5 | Below |
| USA, Puerto Rico and US Virgin Islands | 2023 | $1.1K/t | +34.4% | +4.4% | -6.4% | $4.3B | 5 | Above |
| Singapore | 2023 | $729.9/t | +25.8% | -10.7% | +33.5% | $3.2B | 4 | Above |
| China, Hong Kong Special Administrative Region | 2023 | $1.4K/t | -2.3% | +11.6% | +164.4% | $1.6B | 5 | Mid |
| Germany | 2023 | $1.4K/t | +29% | +6.1% | +140.1% | $1.4B | 5 | Above |
| India | 2023 | $811.0/t | -15.3% | -1.2% | +67.7% | $1.2B | 5 | Mid |
| Other Asia, nes | 2023 | $448.9/t | -66.7% | -98.9% | -8.5% | $2.6B | 5 | Below |
| United Kingdom | 2023 | $998.2/t | -13.8% | +11.8% | +81.6% | $1.9B | 5 | Mid |
| France | 2023 | $1.1K/t | -10.6% | -14.9% | +94.5% | $1.6B | 5 | Mid |
| Thailand | 2023 | $657.2/t | -71.7% | -15.2% | -12.1% | $1.3B | 5 | Below |
| Malaysia | 2023 | $1.4K/t | +19.8% | +53.9% | +176.2% | $771.4M | 5 | Mid |
| Mozambique | 2023 | $970.3/t | -13.7% | +1,948.2% | +28,482.5% | $188.6M | 4 | Mid |
| Angola | 2023 | $70.0K/t | +2,343.4% | -95.5% | +6,527.6% | $7.0M | 4 | Above |

## Price history

- Japan: 2017 $501.0/t, 2019 $531.9/t, 2020 $429.7/t, 2022 $759.1/t, 2023 $678.7/t
- China: 2017 $633.3/t, 2019 $597.0/t, 2020 $475.4/t, 2022 $1.1K/t, 2023 $1.1K/t
- Republic of Korea: 2017 $486.8/t, 2019 $519.2/t, 2020 $423.4/t, 2022 $791.7/t, 2023 $653.9/t
- Netherlands: 2017 $558.8/t, 2019 $646.9/t, 2020 $447.8/t, 2022 $1.5K/t, 2023 $1.3K/t
- Oman: 2017 $562.6/t, 2019 $814.2/t, 2020 $412.4/t, 2022 $1.1K/t, 2023 $988.4/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $527.7/t | Not reported | $7.2B | 50 |
| 2019 | $300.7/t | -43% | $9.3B | 59 |
| 2020 | $434.8/t | +44.6% | $7.4B | 59 |
| 2022 | $970.1/t | +123.1% | $17.0B | 73 |
| 2023 | $873.1/t | -10% | $16.4B | 87 |

## 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; 103 importer markets; 328 reported market-year observations.

## FAQ

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

It compares Qatar'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": "QAT",
  "hs_code": "271000",
  "summary": {
    "num_markets": 103,
    "highest_price_importer_iso3": "AGO",
    "highest_price_usd_per_ton": 1562117.088607595,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 3.394761038694996,
    "median_price_across_markets": 1010.4443600455754,
    "price_spread_pct": 154596.70572817072,
    "avg_quantity_metric_tons": 297961.4100762196,
    "total_trade_value_usd": 57261587469
  },
  "marketRows": [
    {
      "year": 2023,
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      "price_vs_median_pct": -63.009963516631174,
      "price_position": "Budget"
    },
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  "marketAggregates": [
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      "importer_iso3": "THA",
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    {
      "importer_iso3": "MYS",
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    },
    {
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