# South Africa 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/zaf/271000
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

South Africa has a median reported export price of $1.4K/t across 170 markets. Across the reported period, the highest observed price is $3.4M/t in Algeria; the lowest is $11.9/t in Mozambique.

## Summary

- Price spread: 247,018.4%
- Total trade value: $9.4B
- Average quantity: 27,339 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 | $877.7/t | -64.5% | -17% | +70.9% | $3.6B | 5 | Below |
| Eswatini | 2023 | $595.3/t | -85% | -29.1% | -1.3% | $697.8M | 5 | Below |
| Lesotho | 2023 | $717.2/t | -26.5% | -23.9% | -29.2% | $847.6M | 5 | Below |
| Zimbabwe | 2023 | $1.3K/t | -5.9% | -19.7% | +68% | $624.1M | 5 | Mid |
| Zambia | 2023 | $1.5K/t | +14.9% | -8.9% | +99.6% | $453.5M | 5 | Mid |
| Democratic Republic of the Congo | 2023 | $1.2K/t | -42.9% | -6.4% | +101.2% | $416.0M | 5 | Below |
| Namibia | 2023 | $3.5K/t | +84.5% | +144.7% | +330% | $681.7M | 5 | Above |
| USA, Puerto Rico and US Virgin Islands | 2023 | $1.1K/t | +31.6% | -17.8% | +253.8% | $81.3M | 5 | Above |
| Mozambique | 2023 | $2.3K/t | +106.8% | -14.7% | +283.2% | $219.9M | 5 | Above |
| Mauritius | 2023 | $1.1K/t | -67.1% | +4.8% | +215.1% | $298.4M | 5 | Below |
| Singapore | 2023 | $620.3/t | +6.9% | -4.8% | +139.7% | $111.5M | 5 | Mid |
| Marshall Isds | 2023 | $801.0/t | -10% | -7.9% | +263.7% | $132.6M | 5 | Mid |
| Liberia | 2023 | $1.5K/t | -44.3% | +88.7% | +201.6% | $121.5M | 5 | Below |
| United Arab Emirates | 2023 | $1.1K/t | -0.6% | +399.3% | +159.9% | $92.3M | 5 | Mid |
| Angola | 2023 | $2.9K/t | +1.6% | +82.9% | +57.7% | $93.2M | 5 | Mid |
| Algeria | 2023 | $3.4M/t | +155,333.9% | +49,528.8% | +6,341.2% | $10.4K | 3 | Above |

## Price history

- Botswana: 2017 $513.4/t, 2019 $625.2/t, 2020 $469.9/t, 2022 $1.1K/t, 2023 $877.7/t
- Eswatini: 2017 $603.3/t, 2019 $694.1/t, 2020 $504.8/t, 2022 $839.9/t, 2023 $595.3/t
- Lesotho: 2017 $1.0K/t, 2019 $540.6/t, 2020 $398.7/t, 2022 $942.7/t, 2023 $717.2/t
- Zimbabwe: 2017 $783.5/t, 2019 $1.3K/t, 2020 $799.0/t, 2022 $1.6K/t, 2023 $1.3K/t
- Zambia: 2017 $726.8/t, 2019 $1.5K/t, 2020 $803.5/t, 2022 $1.6K/t, 2023 $1.5K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $517.0/t | Not reported | $1.9B | 125 |
| 2019 | $292.8/t | -43.4% | $2.1B | 125 |
| 2020 | $511.4/t | +74.6% | $1.1B | 120 |
| 2022 | $1.1K/t | +112.6% | $2.2B | 132 |
| 2023 | $924.6/t | -14.9% | $2.2B | 128 |

## 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; 630 reported market-year observations.

## FAQ

### What does South Africa price positioning show for HS 271000?

It compares South Africa'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": "ZAF",
  "hs_code": "271000",
  "summary": {
    "num_markets": 170,
    "highest_price_importer_iso3": "DZA",
    "highest_price_usd_per_ton": 3425000,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 11.915331420550283,
    "median_price_across_markets": 1386.5317615615902,
    "price_spread_pct": 247018.3647874871,
    "avg_quantity_metric_tons": 27338.80922063493,
    "total_trade_value_usd": 9404336036
  },
  "marketRows": [
    {
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      "quantity_metric_tons": 969611.082,
      "trade_value_usd": 851006593,
      "market_median_price_usd_per_ton": 2472.2222222222226,
      "price_vs_median_pct": -64.49840638964724,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "ZAF",
      "importer_iso3": "SWZ",
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    {
      "importer_iso3": "DZA",
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  ],
  "trendRows": [
    {
      "importer_iso3": "BWA",
      "position": "Budget",
      "values": [
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