Liquefied Butanes Price in Peru - 2021

Contents:

1. Liquefied Butanes Price in Peru (CIF) - 2021
2. Liquefied Butanes Price in Peru (FOB) - 2022
3. Liquefied Butanes Imports in Peru
4. Liquefied Butanes Exports in Peru

Liquefied Butanes Price in Peru (CIF) - 2021

The average liquefied butanes import price stood at $336 per ton in April 2020, reducing by -34.7% against the previous month. In general, the import price faced a deep downturn. The most prominent rate of growth was recorded in February 2020 an increase of 3% m-o-m. As a result, import price reached the peak level of $532 per ton. From March 2020 to April 2020, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In April 2020, the country with the highest price was Ecuador ($345 per ton), while the price for the United States amounted to $331 per ton.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Argentina (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquefied Butanes Price in Peru (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $550 per ton, with an increase of 1.7% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquefied butanes export price decreased by -1.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $812 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +1.0% per year.

Liquefied Butanes Imports in Peru

After three years of growth, overseas purchases of liquefied butaneses decreased by -32.2% to 102K tons in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 181%. As a result, imports attained the peak of 150K tons, and then dropped rapidly in the following year.

In value terms, liquefied butanes imports reduced sharply to $73M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 130%. As a result, imports attained the peak of $101M, and then shrank sharply in the following year.

Top Suppliers of Liquefied Butanes to Peru in 2022:

1. United States (78.8K tons)
2. Chile (6.9K tons)
3. Argentina (5.8K tons)
4. Ecuador (5.5K tons)
5. Bahamas (4.6K tons)

Liquefied Butanes Exports in Peru

In 2022, liquefied butanes exports from Peru rose slightly to 27K tons, with an increase of 2.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, the exports attained the peak of 28K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, liquefied butanes exports rose slightly to $15M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, the exports attained the peak of $16M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Liquefied Butanes from Peru in 2022:

1. Ecuador (26.8K tons)
2. Chile (0.3K tons)

Source: IndexBox Market Intelligence Platform