Liquefied Butanes Price in Egypt - 2023

Contents:

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

Liquefied Butanes Price in Egypt (CIF) - 2022

The average liquefied butanes import price stood at $716 per ton in 2022, with an increase of 7.1% against the previous year. In general, the import price, however, saw a noticeable contraction. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. Over the period under review, average import prices attained the peak figure at $934 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 Norway ($772 per ton) and the United States ($772 per ton), while the price for Switzerland ($560 per ton) and Libya ($560 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Price in Egypt (FOB) - 2022

The average liquefied butanes export price stood at $555 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price, however, saw a mild setback. The growth pace was the most rapid in 2020 an increase of 0.7%. Over the period under review, the average export prices hit record highs at $619 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($1,582 per ton), while the average price for exports to Sudan ($435 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 Malta (+11.3%).

Liquefied Butanes Imports in Egypt

In 2022, the amount of liquefied butaneses imported into Egypt dropped to 1.8M tons, which is down by -9% on the year before. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.

In value terms, liquefied butanes imports declined to $1.3B in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of $1.4B, and then contracted modestly in the following year.

Top Suppliers of Liquefied Butanes to Egypt in 2022:

1. United States (778.6K tons)
2. Saudi Arabia (550.4K tons)
3. Switzerland (147.1K tons)
4. Russia (113.8K tons)
5. Libya (43.6K tons)
6. Norway (42.0K tons)
7. Netherlands (35.1K tons)
8. United Arab Emirates (30.9K tons)
9. Algeria (7.7K tons)

Liquefied Butanes Exports in Egypt

Liquefied butanes exports from Egypt reduced remarkably to 3.2K tons in 2022, which is down by -20.4% on the previous year. Overall, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 69%.

In value terms, liquefied butanes exports contracted notably to $1.8M in 2022. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 68%.

Top Export Markets for Liquefied Butanes from Egypt in 2022:

1. Sudan (2777.1 tons)
2. Palestine (273.8 tons)
3. Malta (100.5 tons)

Source: IndexBox Market Intelligence Platform