Liquefied Butanes Price in Greece - 2023

Contents:

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

Liquefied Butanes Price in Greece (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $782 per ton, jumping by 27% against the previous year. In general, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2017 an increase of 38% against the previous year. The export price peaked at $933 per ton in 2012; however, from 2013 to 2022, the 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 Cyprus ($891 per ton), while the average price for exports to Morocco ($560 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 North Macedonia (-1.0%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Price in Greece (CIF) - 2023

In August 2023, the average liquefied butanes import price amounted to $3,316 per ton, picking up by 276% against the previous month. Overall, the import price showed a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was France ($3,466 per ton), while the price for Albania stood at $3,032 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Albania (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Exports in Greece

In 2022, exports of liquefied butaneses from Greece shrank dramatically to 162K tons, with a decrease of -48.7% against 2021. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of 315K tons, and then reduced sharply in the following year.

In value terms, liquefied butanes exports fell dramatically to $126M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 74% against the previous year. As a result, the exports reached the peak of $195M, and then fell notably in the following year.

Top Export Markets for Liquefied Butanes from Greece in 2022:

1. Tunisia (83.2K tons)
2. Cyprus (34.6K tons)
3. Lebanon (17.7K tons)
4. Morocco (9.0K tons)
5. North Macedonia (5.5K tons)
6. Albania (4.1K tons)
7. Croatia (2.5K tons)
8. Turkey (2.2K tons)

Liquefied Butanes Imports in Greece

For the fourth year in a row, Greece recorded growth in supplies from abroad of liquefied butaneses, which increased by 118% to 31K tons in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes imports soared to $31M in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquefied Butanes to Greece in 2022:

1. Algeria (18.5K tons)
2. Croatia (5.4K tons)
3. France (2.8K tons)
4. Turkey (1.8K tons)
5. Albania (1.1K tons)
6. United States (1.1K tons)
7. Cyprus (0.5K tons)

Source: IndexBox Market Intelligence Platform