The UK’s base oils exports to Africa rose to a multi-year high in March, clearing more supplies from the European market.Exports of more than 25,000t to outlets in Africa in March accounted for more than 70pc of the UK’s total shipments of 34,820t. The share is typically less than 50pc.The rise in shipments also cut the share of supplies to European markets to less than 22pc of the total. The region is usually the destination for more than 40pc of the UK’s exports.Exports to Africa rose from an already-high 17,000t in February on the back of large shipments to both South Africa and Nigeria during the same month.Shipments to those countries were typically smaller or consisted of larger volumes to one market and smaller flows to the other in any one month..US’ March base oil exports to Africa rise.Contact us for more information about the data for these stories
The UK’s base oils exports to Africa rose to a multi-year high in March, clearing more supplies from the European market.Exports of more than 25,000t to outlets in Africa in March accounted for more than 70pc of the UK’s total shipments of 34,820t. The share is typically less than 50pc.The rise in shipments also cut the share of supplies to European markets to less than 22pc of the total. The region is usually the destination for more than 40pc of the UK’s exports.Exports to Africa rose from an already-high 17,000t in February on the back of large shipments to both South Africa and Nigeria during the same month.Shipments to those countries were typically smaller or consisted of larger volumes to one market and smaller flows to the other in any one month..US’ March base oil exports to Africa rise.Contact us for more information about the data for these stories