We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
World - Processed Petroleum Oils and Distillates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jun 1, 2025

World - Processed Petroleum Oils and Distillates - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Jun 4, 2024

The Largest Import Markets for Processed Petroleum Oils and Distillates

Processed petroleum oils and distillates are essential commodities in today's global economy, fueling industries and transportation systems around the world. As such, the market for processed petroleum oils and distillates is a lucrative one, with billions of dollarsworth of these products being imported and exported annually. In this article, we will take a closer look at the world's best import markets for processed petroleum oils and distillates, as well as the key statistics and numbers that drive this industry.

1. United States

At the top of the list of the world's best import markets for processed petroleum oils and distillates is the United States. In 2023, the United States imported a staggering 66.2 billion USD worth of these products, making it the largest importer in the world. The United States is a major consumer of processed petroleum oils and distillates, using them in a wide range of industries, including transportation, manufacturing, and energy production.

2. Singapore

Singapore comes in at a close second, with imports of processed petroleum oils and distillates totaling 54.5 billion USD in 2023. Singapore is a key hub for oil and gas trade in the Asia-Pacific region, with a strategic location that allows for easy access to major oil-producing countries and markets. The country's strong infrastructure and business-friendly environment make it an attractive destination for oil traders and exporters.

3. Australia

Australia is another major player in the global market for processed petroleum oils and distillates, importing 35.4 billion USD worth of these products in 2023. Australia is a significant consumer of oil and gas, using these products to power its industries, transportation systems, and households. The country's vast reserves of natural resources make it a key player in the global oil and gas market.

4. Mexico

Mexico is a major importer of processed petroleum oils and distillates, with imports totaling 30.8 billion USD in 2023. Mexico's economy is heavily dependent on oil and gas, with the country being a significant producer and consumer of these products. Mexico's proximity to major oil-producing countries in North and South America makes it an important player in the global oil and gas market.

5. Netherlands

The Netherlands imported 29.0 billion USD worth of processed petroleum oils and distillates in 2023, making it one of the top import markets in the world. The Netherlands is a key hub for oil and gas trade in Europe, with a strategic location that allows for easy access to major oil-producing countries and markets. The country's strong infrastructure and business-friendly environment make it an attractive destination for oil traders and exporters.

6. Malaysia

Malaysia is a major importer of processed petroleum oils and distillates, with imports totaling 28.5 billion USD in 2023. Malaysia is a significant consumer of oil and gas, using these products to power its industries, transportation systems, and households. The country's strategic location in the Asia-Pacific region makes it an important player in the global oil and gas market.

7. China

China imported 27.9 billion USD worth of processed petroleum oils and distillates in 2023, making it one of the top import markets in the world. China is the world's largest consumer of oil and gas, using these products to power its rapidly growing economy and industrial base. The country's strong demand for oil and gas makes it a key player in the global market for processed petroleum oils and distillates.

8. United Kingdom

The United Kingdom imported 27.3 billion USD worth of processed petroleum oils and distillates in 2023, making it a major player in the global oil and gas market. The United Kingdom is a significant consumer of oil and gas, using these products to power its industries, transportation systems, and households. The country's strong infrastructure and business-friendly environment make it an attractive destination for oil traders and exporters.

9. Germany

Germany is a major importer of processed petroleum oils and distillates, with imports totaling 25.5 billion USD in 2023. Germany is a significant consumer of oil and gas, using these products to power its industries, transportation systems, and households. The country's strong economy and industrial base make it an important player in the global oil and gas market.

10. France

France imported 25.5 billion USD worth of processed petroleum oils and distillates in 2023, making it one of the top import markets in the world. France is a significant consumer of oil and gas, using these products to power its industries, transportation systems, and households. The country's strategic location in Europe makes it an important player in the global oil and gas market.

Overall, the global market for processed petroleum oils and distillates is a dynamic and ever-changing one, with billions of dollarsworth of these products being imported and exported each year. The top import markets, such as the United States, Singapore, and Australia, play a crucial role in shaping the industry and driving demand for these essential commodities. For more in-depth analysis and insights into the processed petroleum oils and distillates market, be sure to check out the IndexBox market intelligence platform.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for processed petroleum oils and distillates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND THE AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and its Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. MARKET FORECAST TO 2035

    4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

      Finding New Products to Diversify Your Business

      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCTS
      4. MOST TRADED PRODUCTS
      5. MOST PROFITABLE PRODUCTS FOR EXPORT

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Export

      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam

    12. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Per Capita Consumption, by Country, 2022–2024
      5. Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      6. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      7. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      8. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      9. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      10. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      11. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Consumption, by Country, 2024
      4. Market Volume Forecast to 2035
      5. Market Value Forecast to 2035
      6. Market Size and Growth, By Product
      7. Average Per Capita Consumption, By Product
      8. Exports and Growth, By Product
      9. Export Prices and Growth, By Product
      10. Production Volume and Growth
      11. Exports and Growth
      12. Export Prices and Growth
      13. Market Size and Growth
      14. Per Capita Consumption
      15. Imports and Growth
      16. Import Prices
      17. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      18. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      19. Production, by Country, 2024
      20. Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
      21. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      22. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      23. Imports, In Physical Terms, By Country, 2024
      24. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      25. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      26. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      27. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      28. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      29. Exports, In Physical Terms, By Country, 2024
      30. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      31. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
      32. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)

    Recommended posts

    Free Data: Processed Petroleum Oils and Distillates - World
    Table
    Processed Petroleum Oils and Distillates - World - Table
    Dashboard
    Processed Petroleum Oils and Distillates - World - Dashboard
    Report
    Processed Petroleum Oils and Distillates - World - Report