2021 - Q1 Volumes | Q2 Volumes | Q3 Volumes | Q4 and Full Year Volumes
2020 - Q4 and Full Year Volumes

Overview

Demand at key marine fuel hubs jumped by 5.7% in the fourth quarter of 2021 from a year earlier, leaving 2021's total 3.5% higher than 2020, according to the latest survey of bunker sales volumes in 17 leading locations around the world.

As in previous quarters, Ship & Bunker and consultancy BLUE Insight surveyed bunker market participants around the world alongside official data where available and found an average jump of 5.7% in volumes in the fourth quarter from the same period of 2020. The year-on-year rise compares with an 8.2% year-on-year gain from a year earlier in the third quarter. Q4 volumes sequentially were 2.2% higher than in Q3 2021.

"Q4 continued the trend of 2021 with volumes at major international cargo ports steadily returning to normal (2019) levels," Adrian Tolson, head of BLUE Insight, told Ship & Bunker.

"Particularly noticeable was the demand returning to increasingly active major container ports as compared to 2020.

"Smaller bunker ports and locations showed less growth and even some deterioration as volume shifted back to major ports and global supply and demand balance continued to realign post-pandemic. 

"Growth in China was an outlier in this data, where demand continues to set new records.”

Methodology

As with the previous surveys the areas covered by the survey are Singapore, the Amsterdam-Rotterdam-Antwerp (ARA) hub, Fujairah, the US Gulf, South Korea, Russia, the Gibraltar Strait, Hong Kong, Panama, Zhoushan, Japan, New York, West Africa, South Africa, the Canary Islands, Los Angeles/Long Beach and Turkey.

Together these areas saw 138.5 million mt of demand in 2021, meaning they cover more than 60% of current global demand.

Only conventional bunker sales are noted by this survey, with LNG, biofuels and other alternatives currently excluded.

Individual Market Volumes & Commentary

Singapore

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

ARA

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

Fujairah

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

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Gibraltar Strait

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

US Gulf

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

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Zhoushan

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

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Russia

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

South Korea

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

Hong Kong

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

Panama

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

New York

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

Japan

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

LA/Long Beach

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

Turkey

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

West Africa

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

Canary Islands

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.

South Africa

  • Q4 2021 xxx,xxx,xxx mt
  • Q4 2020 xxx,xxx,xxx mt
  • Q3 2021 xxx,xxx,xxx mt
  • Q4 2021 Year-on-year change xx%
  • Quarter-on-quarter change xx%
  • FY 2021 xxx,xxx,xxx mt
  • FY 2020 xxx,xxx,xxx mt
  • FY Year-on-year change x%

Individual market commentaries are only available to subscribers. Click here to learn more and get instant access from just $49. Existing subscribers can sign in here.