Liquefied Butanes Price in Israel - 2023

Liquefied Butanes Price in Israel (CIF) - 2022

The average liquefied butanes import price stood at $916 per ton in 2022, rising by 37% against the previous year. In general, the import price enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 an increase of 45%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($927 per ton), while the price for Turkey ($479 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Price in Israel (FOB) - 2022

The average liquefied butanes export price stood at $697 per ton in 2022, remaining constant against the previous year. Overall, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2017 an increase of 72% against the previous year. As a result, the export price attained the peak level of $702 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +6.8% per year.

Liquefied Butanes Imports in Israel

In 2022, purchases abroad of liquefied butaneses was finally on the rise to reach 16K tons after two years of decline. In general, imports, however, saw a perceptible shrinkage.

In value terms, liquefied butanes imports skyrocketed to $15M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Liquefied Butanes in Israel (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	6.0	4.5	6.8	12.4	27.4%
South Korea	0.7	0.7	0.9	0.8	4.6%
Greece	0.3	0.4	0.6	0.4	10.1%
Italy	0.3	0.3	0.4	0.3	0.0%
United Arab Emirates	N/A	N/A	0.2	0.3	50.0%
Turkey	0.4	0.2	0.2	0.2	-20.6%
Others	0.3	0.6	0.3	0.2	-12.6%
Total	8.0	6.7	9.3	14.6	22.2%

Top Suppliers of Liquefied Butanes to Israel in 2022:

Switzerland (13.4K tons)
South Korea (0.9K tons)
Greece (0.5K tons)
Turkey (0.4K tons)
Italy (0.3K tons)
United Arab Emirates (0.3K tons)

Liquefied Butanes Exports in Israel

In 2022, the amount of liquefied butaneses exported from Israel declined to 663 tons, dropping by -9.9% on 2021 figures. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 25%.

In value terms, liquefied butanes exports shrank to $462K in 2022. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 25%.