Please scroll to Know how can you grow your profits by 25% or more in Petroleum Imports
Petroleum import has seen a growth of about 16% in the month of Mar-2018 when compared to Feb-2018 withapprox US XX.X billion of imports reported by China Custom Import Shipment database.
Total imports of Petroleum, stood at XX.X billion in 2018.In 2018, imports of Petroleum increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Petroleum : Based on import statistics of past few months, Petroleum imports is expected to increase in size to US$XX.X billion by Jan 2019
Imports Analysis of Prices of Petroleum Mar 2018 show that fastest groiwing price band is US$ 0.0-1324.97 for Petroleum and market has a preference for price range between US$ 0.0-1324.97.
The highest number of quantity was 115.8 Billion in the price band US$ 0.0-1324.97 , the second highest quantity came under the price band US$ 2649.86-3974.76 with 10.0.
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Prices of Petroleum have fluctuated between $ 0.08 to $ 13,249, during the month of Feb-2018. For a Complete Price trend of a larger period , please order a paid report.
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In Mar 2018, import of Petroleum to United States was most profitable ,followed by Netherlands and Japan . The above charts shows quantum of import of Petroleum at various price points to different countries.
United States Average Prices for Petroleum is $ 19.5 Thousand ,Netherlands is $ 14.0 Thousand and Japan is $ 8.0 Thousand.
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Russian Federation, Saudi Arabia, Angola were the leading Exporters of Petroleum to China with a market share of 38.15% with a import value of US$ 20.6 Billion as per imports details released by China Custom import Database.
Russian Federation has a market share with 14.86% , followed by Saudi Arabia with 12.15% and Angola with 11.14%
Forecast : The UAE most likely will continue to remain China's top imports destination by 2017, China is emerging as the second largest imports market leaders , as per the imports details.
Import Export statistics | ||||
---|---|---|---|---|
Country | Growth Rate | Import Value | Avg. Price | Profit Margin |
Russian Federation | 14.86% | |||
Saudi Arabia | 12.15% | |||
Angola | 11.14% | |||
Iraq | 8.64% | |||
Iran | 7.05% |
Russian Federation, Saudi Arabia, Angola, Iraq, Iran were the fastest growing Exporters of Petroleum to China The growth rate of Russian Federation is 14.86% , Saudi Arabia is 12.15% and Angola is 11.14% , as per imports shipping bills filed with China Custom.
The imports statistics on left show Growth rate and average price of Petroleum imports to the Russian Federation, Saudi Arabia, Angola, Iraq, Iran as of Mar 2018.
Forecast : The UAE most likely will continue to remain China's top imports destination by 2017, China is emerging as the second largest imports market leaders , as per the imports details.
As per Voleba import Data bank, Qingdao is the leading imports port for Petroleum goods , It handled 27.88% of the country’s Petroleum cargo. This port handled roughly US$ 15.0 Billion worth of imports in 2,017.
Ningbo comes seccond and it handled 10.25% of the country’s Petroleum imports products. This port handled roughly US$ 5.5 Billion worth of imports in 2,017. Jinan comes third in the rank and it handled 7.89% of the country’s Petroleum imports items. This port handled roughly US$ 4.3 Billion worth of imports in 2,017.
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