Liquefied Butanes Price in Belgium - 2023

Contents:

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

Liquefied Butanes Price in Belgium (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $761 per ton, increasing by 30% against the previous year. In general, the import price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of 63%. The import price peaked at $905 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($919 per ton) and Denmark ($806 per ton), while the price for France ($650 per ton) and the United States ($729 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquefied Butanes Price in Belgium (FOB) - 2022

The average liquefied butanes export price stood at $722 per ton in 2022, picking up by 61% against the previous year. Overall, the export price, however, showed a slight shrinkage. The export price peaked at $865 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($721 per ton), while the average price for exports to the Netherlands ($672 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 Germany (-1.9%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Imports in Belgium

Liquefied butanes imports into Belgium fell sharply to 639K tons in 2022, with a decrease of -30.6% compared with the year before. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. As a result, imports reached the peak of 921K tons, and then declined significantly in the following year.

In value terms, liquefied butanes imports dropped to $487M in 2022. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 142%. As a result, imports reached the peak of $541M, and then declined in the following year.

Top Suppliers of Liquefied Butanes to Belgium in 2022:

1. Netherlands (249.2K tons)
2. United States (123.6K tons)
3. United Kingdom (107.8K tons)
4. France (61.9K tons)
5. Germany (52.3K tons)
6. Norway (28.6K tons)
7. Denmark (2.8K tons)

Liquefied Butanes Exports in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of liquefied butaneses, when their volume decreased by -9.4% to 667K tons. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 167%. As a result, the exports reached the peak of 737K tons, and then shrank in the following year.

In value terms, liquefied butanes exports surged to $482M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 174% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Liquefied Butanes from Belgium in 2022:

1. Germany (534.6K tons)
2. Netherlands (75.0K tons)
3. France (45.0K tons)

Source: IndexBox Market Intelligence Platform