Liquefied Butanes Price in Kuwait - 2021

Contents:

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

Liquefied Butanes Price in Kuwait (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $461 per ton, flattening at the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 40%. The export price peaked at $959 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($510 per ton) and the Philippines ($463 per ton), while the average price for exports to China ($442 per ton) and India ($459 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-5.9%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Price in Kuwait (CIF) - 2022

The average liquefied butanes import price stood at $1,823 per ton in 2022, approximately equating the previous year. Overall, the import price saw a slight shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 28%. Over the period under review, average import prices hit record highs at $2,237 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($5,065 per ton), while the price for Germany ($793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Exports in Kuwait

Liquefied butanes exports from Kuwait shrank to 1.8M tons in 2022, with a decrease of -4.7% against the previous year. In general, exports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 10%.

In value terms, liquefied butanes exports reduced to $827M in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year.

Top Export Markets for Liquefied Butanes from Kuwait in 2022:

1. India (1448.0K tons)
2. China (154.8K tons)
3. Japan (121.8K tons)
4. Philippines (69.6K tons)

Liquefied Butanes Imports in Kuwait

In 2022, liquefied butanes imports into Kuwait fell slightly to 243 tons, shrinking by -3.5% against the year before. Over the period under review, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 7.5%.

In value terms, liquefied butanes imports dropped modestly to $443K in 2022. In general, imports saw a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by 11%.

Top Suppliers of Liquefied Butanes to Kuwait in 2022:

1. Germany (87.3 tons)
2. France (26.8 tons)
3. Spain (7.5 tons)

Source: IndexBox Market Intelligence Platform