Liquefied Butanes Price in Spain - 2023

Contents:

1. Liquefied Butanes Price in Spain (FOB) - 2023
2. Liquefied Butanes Price in Spain (CIF) - 2022
3. Liquefied Butanes Exports in Spain
4. Liquefied Butanes Imports in Spain

Liquefied Butanes Price in Spain (FOB) - 2023

The average liquefied butanes export price stood at $613 per ton in August 2023, picking up by 67% against the previous month. Overall, export price indicated modest growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, liquefied butanes export price increased by +67.5% against June 2023 indices. Over the period under review, the average export prices reached the peak figure at $762 per ton in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Belgium ($1,168 per ton), while the average price for exports to Tunisia ($353 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+1.1%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Price in Spain (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $835 per ton, increasing by 42% against the previous year. Over the period under review, the import price, however, showed a pronounced descent. Over the period under review, average import prices reached the maximum at $1,071 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 Germany ($1,160 per ton), while the price for the United States ($701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+0.1%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Exports in Spain

In 2022, exports of liquefied butaneses from Spain dropped to 685K tons, with a decrease of -2.4% against the previous year's figure. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 701K tons, and then declined modestly in the following year.

In value terms, liquefied butanes exports soared to $524M in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 116%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Liquefied Butanes from Spain in 2022:

1. Morocco (383.9K tons)
2. Belgium (105.2K tons)
3. Portugal (89.2K tons)
4. Netherlands (62.7K tons)
5. Tunisia (27.8K tons)
6. Gibraltar (14.1K tons)

Liquefied Butanes Imports in Spain

Liquefied butanes imports into Spain dropped dramatically to 76K tons in 2022, which is down by -26.8% against the previous year's figure. Overall, imports recorded a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 19%.

In value terms, liquefied butanes imports totaled $63M in 2022. In general, imports faced a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 52%.

Top Suppliers of Liquefied Butanes to Spain in 2022:

1. United States (44.6K tons)
2. United Kingdom (9.5K tons)
3. Portugal (6.8K tons)
4. Norway (4.6K tons)
5. Netherlands (4.4K tons)
6. France (2.0K tons)
7. Germany (1.7K tons)

Source: IndexBox Market Intelligence Platform