Liquefied Butanes Price in Germany - 2023

Contents:

  1. Liquefied Butanes Price in Germany (CIF) - 2022
  2. Liquefied Butanes Price in Germany (FOB) - 2023
  3. Liquefied Butanes Imports in Germany
  4. Liquefied Butanes Exports in Germany

Liquefied Butanes Price in Germany (CIF) - 2022

The average liquefied butanes import price stood at $737 per ton in 2022, picking up by 54% against the previous year. In general, the import price, however, recorded a perceptible curtailment. The import price peaked at $909 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($832 per ton) and Poland ($763 per ton), while the price for the United States ($679 per ton) and Switzerland ($704 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+0.3%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Price in Germany (FOB) - 2023

In August 2023, the average liquefied butanes export price amounted to $609 per ton, leveling off at the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 99% month-to-month. As a result, the export price reached the peak level of $1,358 per ton. From October 2022 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($925 per ton), while the average price for exports to the Netherlands ($258 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.7%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Imports in Germany

In 2022, supplies from abroad of liquefied butaneses decreased by -16.9% to 675K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 113% against the previous year. As a result, imports reached the peak of 812K tons, and then fell rapidly in the following year.

In value terms, liquefied butanes imports skyrocketed to $497M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 177%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Liquefied Butanes in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.735.8191244216.4%
Belgium73.547.367.010412.3%
Netherlands51.336.196.478.815.4%
United Kingdom7.51.02.619.337.0%
Norway6.01.51.015.136.0%
Others29.519.130.836.27.1%
Total17514138949741.6%

Top Suppliers of Liquefied Butanes to Germany in 2022:

  1. United States (358.8K tons)
  2. Belgium (145.2K tons)
  3. Netherlands (94.7K tons)
  4. United Kingdom (26.4K tons)
  5. Norway (21.5K tons)

Liquefied Butanes Exports in Germany

In 2022, approx. 219K tons of liquefied butaneses were exported from Germany; jumping by 17% against 2021 figures. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, liquefied butanes exports skyrocketed to $184M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 107% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Liquefied Butanes in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary11.28.932.934.044.8%
Poland6.44.58.932.571.9%
Italy5.23.97.525.369.4%
Austria5.03.26.017.451.5%
Czech Republic5.45.311.115.943.3%
Netherlands17.410.67.114.2-6.5%
France11.08.613.113.57.1%
CroatiaN/AN/A3.47.9132.4%
Belgium7.92.815.56.2-7.8%
Switzerland5.12.97.93.7-10.1%
Others9.59.110.413.011.0%
Total84.459.712418429.7%

Top Export Markets for Liquefied Butanes from Germany in 2022:

  1. Hungary (50.1K tons)
  2. Italy (33.8K tons)
  3. Austria (23.9K tons)
  4. Czech Republic (22.0K tons)
  5. Poland (20.8K tons)
  6. Netherlands (19.9K tons)
  7. France (13.2K tons)
  8. Croatia (11.7K tons)
  9. Belgium (8.1K tons)
  10. Switzerland (4.1K tons)

Source: IndexBox Market Intelligence Platform

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