Liquefied Butanes Price in Bahrain - 2022

Contents:

  1. Liquefied Butanes Price in Bahrain (CIF) - 2022
  2. Liquefied Butanes Price in Bahrain (FOB) - 2022
  3. Liquefied Butanes Imports in Bahrain
  4. Liquefied Butanes Exports in Bahrain

Liquefied Butanes Price in Bahrain (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $1,940 per ton, increasing by 5.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 77%. Over the period under review, average import prices attained the peak figure at $2,143 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,661 per ton), while the price for China ($1,374 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.7%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Price in Bahrain (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $440 per ton, waning by -2.4% against the previous year. In general, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 38% against the previous year. Over the period under review, the average export prices reached the maximum at $931 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($620 per ton), while the average price for exports to the Philippines ($207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-1.3%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Imports in Bahrain

Liquefied butanes imports into Bahrain fell to 5.4 tons in 2022, which is down by -7.5% on 2021 figures. Over the period under review, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 18%.

In value terms, liquefied butanes imports dropped to $11K in 2022. Overall, imports showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 5.4% against the previous year.

Import of Liquefied Butanes in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.72.30.24.6-15.8%
South Korea0.70.70.71.631.7%
United Arab Emirates2.36.18.21.4-15.3%
Germany0.20.60.70.426.0%
Others0.50.51.12.673.2%
Total11.410.310.810.6-2.4%

Top Suppliers of Liquefied Butanes to Bahrain in 2022:

  1. China (3.3 tons)
  2. United Arab Emirates (1.0 tons)
  3. South Korea (0.8 tons)
  4. Germany (0.2 tons)

Liquefied Butanes Exports in Bahrain

In 2022, the amount of liquefied butaneses exported from Bahrain stood at 172K tons, picking up by 4.7% on 2021 figures. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 180K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, liquefied butanes exports rose modestly to $76M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 9.1% against the previous year. As a result, the exports attained the peak of $77M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Liquefied Butanes in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.231.826.420.012.1%
South Korea19.715.912.918.4-2.2%
Indonesia28.417.712.615.1-19.0%
Japan0.97.16.49.6120.1%
TanzaniaN/AN/AN/A9.20%
China6.64.22.73.1-22.3%
Others1.00.512.90.3-33.1%
Total70.877.274.075.62.2%

Top Export Markets for Liquefied Butanes from Bahrain in 2022:

  1. South Korea (46.6K tons)
  2. Indonesia (41.9K tons)
  3. India (39.1K tons)
  4. Japan (18.8K tons)
  5. Tanzania (14.9K tons)
  6. China (9.3K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Petroleum gases and other gaseous hydrocarbons; liquefied, butanes - Bahrain