Oil Refinery Throughput — - Oil Refinery Throughput refers to the actual volume of crude oil and other refinery feedstocks processed by petroleum refineries during a given period. It is typically measured in thousand barrels per day (kb/d) and represents the operational output of the refining sector rather than its installed capacity. This indicator reflects the extent to which refinery infrastructure is utilized to convert crude oil into refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other petroleum products. Oil Refinery Throughput is widely used to assess refinery operations, downstream petroleum activity, fuel production levels, and the efficiency of refinery utilization.
Measured in thousand barrels daily, the dataset represents the actual volume of crude oil processed by refineries across the region each day. It serves as an important indicator of refinery utilization, fuel production, industrial efficiency, energy security, and the region's ability to meet domestic and export market demand.
Asia-Pacific recorded oil refinery throughput of 26,855 thousand barrels daily in 2015, increasing to 27,993 thousand barrels daily in 2016 and 28,759 thousand barrels daily in 2017. Throughput continued to rise to 29,689 thousand barrels daily in 2018 and 30,308 thousand barrels daily in 2019. In 2020, regional refinery throughput declined to 28,700 thousand barrels daily because of reduced fuel demand and pandemic-related operational disruptions. Processing volumes recovered to 29,670 thousand barrels daily in 2021, increased to 29,864 thousand barrels daily in 2022, and reached 30,957 thousand barrels daily in 2023, the highest level during the review period, reflecting stronger refinery utilization and downstream activity.
Overall, the dataset demonstrates a steady long-term increase in refinery throughput with only temporary disruption during 2020. The strong recovery after the pandemic highlights expanding refining capacity, resilient refinery operations, and sustained demand for refined petroleum products across Asia-Pacific.
The dataset is valuable for evaluating Asia-Pacific's refinery throughput trends, analyzing regional downstream industry performance, and assessing crude oil processing activity. It supports refinery utilization analysis, investment planning, energy security assessments, market evaluation, and policy development while providing valuable insights for researchers, analysts, industry stakeholders, and policymakers studying refinery efficiency, infrastructure utilization, and the long-term competitiveness of the Asia-Pacific petroleum refining industry.