Liquefied Butanes Price in Serbia - 2023

Liquefied Butanes Price in Serbia (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $828 per ton, picking up by 60% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $873 per ton in 2012; however, from 2013 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 Poland ($4,593 per ton), while the price for Russia ($628 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquefied Butanes Price in Serbia (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $135 per ton, reducing by -77.7% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 35% against the previous year. The export price peaked at $1,014 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($177 per ton) and Montenegro ($168 per ton), while the average price for exports to North Macedonia ($120 per ton) and Bosnia and Herzegovina ($128 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 Croatia (-3.7%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Imports in Serbia

In 2022, approx. 11K tons of liquefied butaneses were imported into Serbia; dropping by -57.5% on 2021. In general, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 4.6%.

In value terms, liquefied butanes imports fell sharply to $9.3M in 2022. Overall, imports saw a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 14%.

Import of Liquefied Butanes in Serbia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	3.0	2.8	3.3	4.5	14.5%
Russia	1.2	0.5	1.1	1.9	16.6%
Romania	8.9	3.1	4.7	1.3	-47.3%
North Macedonia	0.5	0.6	0.7	0.9	21.6%
Czech Republic	0.3	1.9	1.5	0.5	18.6%
Croatia	0.9	0.8	2.1	N/A	52.8%
Lithuania	1.7	0.4	N/A	N/A	-76.5%
Poland	1.1	N/A	N/A	N/A	0%
Belarus	2.7	0.8	N/A	N/A	-70.4%
Others	0.6	1.3	0.3	0.3	-20.6%
Total	21.0	12.1	13.8	9.3	-23.8%

Top Suppliers of Liquefied Butanes to Serbia in 2022:

Poland (undefinedK tons)
Hungary (5.3K tons)
Russia (3.0K tons)
Romania (1.7K tons)
Czech Republic (0.7K tons)
North Macedonia (0.4K tons)

Liquefied Butanes Exports in Serbia

In 2022, overseas shipments of liquefied butaneses were finally on the rise to reach 4.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a sharp decline.

In value terms, liquefied butanes exports reduced to $645K in 2022. In general, exports, however, faced a precipitous slump.

Export of Liquefied Butanes in Serbia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ukraine	N/A	N/A	N/A	0.3	0%
Bosnia and Herzegovina	6.2	3.5	0.4	0.2	-68.2%
North Macedonia	10.5	5.3	0.3	0.1	-78.8%
Croatia	1.0	1.0	N/A	N/A	0.0%
Slovakia	N/A	N/A	N/A	N/A	0%
Montenegro	1.0	0.6	N/A	N/A	-40.0%
Others	N/A	0.2	N/A	N/A	0%
Total	18.6	10.6	0.7	0.6	-68.2%