Liquefied Butanes Price in Estonia - 2023

Contents:

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

Liquefied Butanes Price in Estonia (FOB) - 2022

The average liquefied butanes export price stood at $956 per ton in 2022, increasing by 42% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $1,029 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,586 per ton), while the average price for exports to the United States ($862 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 Togo (+36.9%), while the prices for the other major destinations experienced mixed trend patterns.

Liquefied Butanes Price in Estonia (CIF) - 2022

The average liquefied butanes import price stood at $617 per ton in 2022, flattening at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $617 per ton in 2021, and then reduced modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($579 per ton), while the price for Kazakhstan ($532 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+10.5%).

Liquefied Butanes Exports in Estonia

For the third year in a row, Estonia recorded decline in overseas shipments of liquefied butaneses, which decreased by -58.8% to 1.5K tons in 2022. Overall, exports showed a sharp decrease. The smallest decline of -45.7% was in 2020.

In value terms, liquefied butanes exports shrank sharply to $1.5M in 2022. In general, exports continue to indicate a precipitous shrinkage.

Export of Liquefied Butanes in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.43.01.50.7-54.4%
Argentina1.20.2N/A0.3-37.0%
Canada6.22.90.50.1-74.7%
United KingdomN/AN/AN/A0.10%
TogoN/AN/A0.40.1-75.0%
GuatemalaN/AN/AN/A0.10%
Australia0.50.6N/AN/A20.0%
OthersN/A0.1N/AN/A0%
Total15.46.92.51.5-54.0%

Top Export Markets for Liquefied Butanes from Estonia in 2022:

  1. United States (771.4 tons)
  2. Argentina (359.4 tons)
  3. Togo (134.2 tons)
  4. Canada (106.7 tons)
  5. United Kingdom (79.0 tons)
  6. Guatemala (73.2 tons)

Liquefied Butanes Imports in Estonia

In 2022, the amount of liquefied butaneses imported into Estonia declined notably to 2.3K tons, which is down by -36.3% compared with 2021 figures. Over the period under review, imports continue to indicate a dramatic descent.

In value terms, liquefied butanes imports contracted notably to $1.4M in 2022. Overall, imports recorded a dramatic downturn.

Import of Liquefied Butanes in Estonia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Lithuania964708-26.6%
KazakhstanN/A5620%
Latvia1004.4-95.6%
Russia295N/A0%
Sweden750N/A0%
Others1621726.2%
Total2,2721,447-36.3%

Top Suppliers of Liquefied Butanes to Estonia in 2022:

  1. Lithuania (1222.4 tons)
  2. Kazakhstan (1057.9 tons)
  3. Latvia (7.8 tons)

Source: IndexBox Market Intelligence Platform

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