India: Petroleum Market 2020

Petroleum Market Size in India

The revenue of the petroleum market in India amounted to $X in 2017, therefore, remained relatively stable against the previous year. Overall, petroleum consumption continues to indicate a prominent growth. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. Over the period under review, the petroleum market reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Petroleum Production in India

In 2017, approx. X tons of petroleum were produced in India; jumping by X% against the previous year. In general, petroleum production continues to indicate a strong expansion. The pace of growth was the most pronounced in 2011, when the output figure increased by X% against the previous year. In that year, the petroleum production attained their peak volume of X tons. From 2012 to 2017, growth of the petroleum production stood at a somewhat lower level.

Petroleum Exports from India

In 2017, the amount of petroleum exported from India stood at X tons, declining by -X% against the previous year. In general, the total exports indicated a significant increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the petroleum exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the petroleum exports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, petroleum exports stood at $X in 2017. In general, petroleum exports continue to indicate a prominent increase. India exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Petroleum Exports by Country from India

In 2017, the U.S. (X tons), followed by Russia (X tons), Singapore (X tons), the Netherlands (X tons), South Korea (X tons) and India (X tons) were the largest exporters of petroleum, together committing X% of total exports. The following exporters - China (X tons), Belgium (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Canada (X tons) and Malaysia (X tons) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Russia ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

In terms of the main exporting countries , the U.S. (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Export Prices by Country in India

In 2017, the petroleum export price in India amounted to $X per ton, growing by X% against the previous year. In general, petroleum export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. Over the period under review, the export prices for petroleum reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Petroleum Imports into India

In 2017, the amount of petroleum imported into India stood at X tons, shrinking by -X% against the previous year. Overall, petroleum imports continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2015, with an increase of X% against the previous year. Over the period under review, the petroleum imports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, petroleum imports totaled $X in 2017. In general, petroleum imports continue to indicate an abrupt deduction. Over the period under review, the petroleum imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Petroleum Imports by Country into India

In 2017, the U.S. (X tons) and Singapore (X tons) were the main importers of petroleum in the globe, together creating X% of total imports. It was followed by the Netherlands (X tons), creating X% share of total imports. The following importers - Mexico (X tons), Belgium (X tons), Germany (X tons), Malaysia (X tons), France (X tons), China (X tons), the UK (X tons), Indonesia (X tons) and Canada (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Singapore ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Mexico, Germany, Belgium, France, the UK, Malaysia, Indonesia, China, Canada and India lagged somewhat behind, together accounting for a further X%.

Malaysia (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Import Prices by Country in India

In 2017, the petroleum import price in India amounted to $X per ton, increasing by X% against the previous year. Overall, petroleum import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for petroleum reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the UK ($X per ton) and Germany ($X per ton), while China ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform