Liquefied Butanes Price in Qatar - 2023
Contents:
Liquefied Butanes Price in Qatar (CIF) - 2023
In July 2023, the average liquefied butanes import price amounted to $2,628 per ton, dropping by -48.8% against the previous month. Overall, the import price continues to indicate a sharp descent. As a result, import price attained the peak level of $67,583 per ton. From May 2023 to July 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From April 2023 to July 2023, the rate of growth in terms of prices for South Korea amounted to 0.0% per month.
Liquefied Butanes Imports in Qatar
In 2022, supplies from abroad of liquefied butaneses decreased by -47.1% to 45 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded notable growth. The pace of growth was the most pronounced in 2020 when imports increased by 47% against the previous year.
In value terms, liquefied butanes imports reduced remarkably to $73K in 2022. Overall, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 81% against the previous year. As a result, imports reached the peak of $153K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Liquefied Butanes in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 68.8 | 124 | 57.9 | 72.7 | 1.9% |
Greece | N/A | 22.6 | N/A | N/A | 0% |
Kuwait | N/A | N/A | 14.9 | N/A | 0% |
Others | 15.8 | 6.7 | 66.8 | N/A | 105.6% |
Total | 84.6 | 153 | 140 | 72.7 | -4.9% |
Top Suppliers of Liquefied Butanes to Qatar in 2022:
- South Korea (45.1 tons)
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