Liquefied Butanes Price in Argentina - 2023
Contents:
- Liquefied Butanes Price in Argentina (FOB) - 2022
- Liquefied Butanes Price in Argentina (CIF) - 2023
- Liquefied Butanes Exports in Argentina
- Liquefied Butanes Imports in Argentina
Liquefied Butanes Price in Argentina (FOB) - 2022
The average liquefied butanes export price stood at $431 per ton in 2022, shrinking by -31.2% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 60%. Over the period under review, the average export prices reached the maximum at $813 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Chile ($476 per ton) and Uruguay ($466 per ton), while the average price for exports to Paraguay ($386 per ton) and Brazil ($422 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-3.1%), while the prices for the other major destinations experienced a decline.
Liquefied Butanes Price in Argentina (CIF) - 2023
The average liquefied butanes import price stood at $4,458 per ton in June 2023, rising by 67% against the previous month. In general, the import price recorded a measured increase. Over the period under review, average import prices hit record highs at $4,915 per ton in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From June 2022 to June 2023, the rate of growth in terms of prices for South Korea amounted to +2.2% per month.
Liquefied Butanes Exports in Argentina
Liquefied butanes exports from Argentina soared to 176K tons in 2022, with an increase of 205% on the previous year. Over the period under review, exports, however, recorded a abrupt setback.
In value terms, liquefied butanes exports soared to $76M in 2022. In general, exports, however, faced a precipitous decline.
Export of Liquefied Butanes in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 53.9 | N/A | 22.6 | 59.0 | 3.1% |
Chile | 27.0 | 39.8 | 13.5 | 12.6 | -22.4% |
Uruguay | N/A | 15.5 | N/A | 3.3 | -53.9% |
Paraguay | N/A | 16.5 | N/A | 1.1 | -74.2% |
Kenya | 28.7 | N/A | N/A | N/A | 0% |
Mozambique | N/A | 30.8 | N/A | N/A | 0% |
Egypt | N/A | 13.0 | N/A | N/A | 0% |
Ghana | 44.9 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 155 | 116 | 36.1 | 75.9 | -21.2% |
Top Export Markets for Liquefied Butanes from Argentina in 2022:
- Brazil (139.7K tons)
- Chile (26.4K tons)
- Uruguay (7.1K tons)
- Paraguay (2.7K tons)
Liquefied Butanes Imports in Argentina
Liquefied butanes imports into Argentina soared to 2K tons in 2022, picking up by 108% against the year before. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, liquefied butanes imports skyrocketed to $3.6M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Liquefied Butanes in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 630 | 1,020 | 1,195 | 3,541 | 77.8% |
United States | 11.9 | N/A | 0.3 | 74.1 | 84.0% |
China | 111 | N/A | N/A | N/A | 0% |
Others | N/A | 0.5 | 1.4 | 5.7 | 237.6% |
Total | 753 | 1,020 | 1,197 | 3,621 | 68.8% |
Top Suppliers of Liquefied Butanes to Argentina in 2022:
- South Korea (1898.5 tons)
- United States (71.9 tons)
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