Liquefied Butanes Price in Italy - 2023

Contents:

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

Liquefied Butanes Price in Italy (FOB) - 2023

The average liquefied butanes export price stood at $493 per ton in August 2023, waning by -12.1% against the previous month. Over the period under review, the export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 212% month-to-month. As a result, the export price reached the peak level of $2,858 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was Morocco ($469 per ton), while the average price for exports to Turkey stood at $429 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (0.0%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Price in Italy (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $1,000 per ton, increasing by 20% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 43%. Over the period under review, average import prices hit record highs at $1,100 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 France ($1,476 per ton), while the price for Russia ($716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquefied Butanes Exports in Italy

After three years of growth, overseas shipments of liquefied butaneses decreased by -28.3% to 94K tons in 2022. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year.

In value terms, liquefied butanes exports reduced modestly to $82M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $86M, and then dropped in the following year.

Top Export Markets for Liquefied Butanes from Italy in 2022:

1. Tunisia (48.4K tons)
2. Morocco (25.6K tons)
3. Gibraltar (7.4K tons)
4. Albania (3.8K tons)
5. Turkey (2.9K tons)
6. Germany (1.4K tons)

Liquefied Butanes Imports in Italy

In 2022, purchases abroad of liquefied butaneses decreased by -1.4% to 32K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports reached the peak of 33K tons, and then declined modestly in the following year.

In value terms, liquefied butanes imports surged to $32M in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 132% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Liquefied Butanes to Italy in 2022:

1. Germany (15.2K tons)
2. Croatia (6.7K tons)
3. Russia (4.0K tons)
4. France (2.3K tons)
5. Poland (1.5K tons)
6. Austria (1.0K tons)
7. Hungary (0.9K tons)

Source: IndexBox Market Intelligence Platform