Liquefied Butanes Price in Norway - 2023

Contents:

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

Liquefied Butanes Price in Norway (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $711 per ton, picking up by 25% against the previous year. In general, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2021 when the average export price increased by 52% against the previous year. The export price peaked at $889 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 Belgium ($760 per ton), while the average price for exports to Turkey ($504 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 Poland (+3.2%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Price in Norway (CIF) - 2022

The average liquefied butanes import price stood at $355 per ton in 2022, waning by -1.7% against the previous year. In general, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 49% against the previous year. The import price peaked at $946 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($436 per ton), while the price for Sweden ($324 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-9.4%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Exports in Norway

In 2022, liquefied butanes exports from Norway reduced to 1.5M tons, falling by -13.3% on 2021 figures. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year.

In value terms, liquefied butanes exports expanded markedly to $1.1B in 2022. Overall, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 124% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Liquefied Butanes from Norway in 2022:

1. United Kingdom (639.1K tons)
2. Netherlands (264.0K tons)
3. France (143.1K tons)
4. Poland (120.4K tons)
5. Germany (78.6K tons)
6. Belgium (73.1K tons)
7. Sweden (62.2K tons)
8. Portugal (24.4K tons)
9. Egypt (22.0K tons)
10. Turkey (21.9K tons)
11. Morocco (8.2K tons)

Liquefied Butanes Imports in Norway

Liquefied butanes imports into Norway dropped to 52K tons in 2022, with a decrease of -3.6% on the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 7.8%. As a result, imports attained the peak of 53K tons, and then reduced in the following year.

In value terms, liquefied butanes imports contracted to $18M in 2022. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 12%.

Top Suppliers of Liquefied Butanes to Norway in 2022:

1. Sweden (19.1K tons)
2. United States (10.6K tons)
3. United Kingdom (2.3K tons)

Source: IndexBox Market Intelligence Platform