Liquefied Butanes Price in Finland - 2023

Contents:

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

Liquefied Butanes Price in Finland (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $666 per ton, declining by -60.9% against the previous year. Overall, the import price saw a slight reduction. The growth pace was the most rapid in 2018 when the average import price increased by 1,175%. As a result, import price attained the peak level of $4,299 per ton. From 2019 to 2022, the average 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 the United States ($766 per ton), while the price for Russia amounted to $146 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-15.6%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Price in Finland (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $8,660 per ton, falling by -15.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 647% against the previous year. As a result, the export price reached the peak level of $60,945 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($11,737 per ton), while the average price for exports to Latvia ($4,940 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 the Netherlands (+19.9%), while the prices for the other major destinations experienced mixed trend patterns.

Liquefied Butanes Imports in Finland

In 2022, the amount of liquefied butaneses imported into Finland skyrocketed to 99K tons, surging by 324% on the previous year's figure. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 10,661% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, liquefied butanes imports soared to $66M in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 5,506% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Liquefied Butanes in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A30.762.3102.9%
RussiaN/AN/A7.92.5-68.4%
Others0.60.71.31.329.4%
Total0.60.739.966.2379.6%

Top Suppliers of Liquefied Butanes to Finland in 2022:

  1. United States (81.3K tons)
  2. Russia (17.1K tons)

Liquefied Butanes Exports in Finland

In 2022, approx. 4.5 tons of liquefied butaneses were exported from Finland; growing by 54% against 2021 figures. In general, exports, however, saw a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 346% against the previous year. As a result, the exports attained the peak of 192 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, liquefied butanes exports skyrocketed to $39K in 2022. Overall, exports, however, saw a dramatic curtailment.

Export of Liquefied Butanes in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia21.81,02628.128.08.7%
LatviaN/A0.90.98.9214.5%
Lithuania0.70.60.51.322.9%
Sweden0.20.60.50.644.2%
Netherlands1,680N/AN/AN/A0%
Others760N/AN/AN/A0%
Total2,4631,02830.038.8-74.9%

Top Export Markets for Liquefied Butanes from Finland in 2022:

  1. Estonia (2384.0 kg)
  2. Latvia (1801.0 kg)
  3. Lithuania (184.0 kg)
  4. Sweden (96.0 kg)

Source: IndexBox Market Intelligence Platform

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