Liquefied Butanes Price in Sri Lanka - 2021

Contents:

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

Liquefied Butanes Price in Sri Lanka (CIF) - 2022

The average liquefied butanes import price stood at $651 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, saw a slight decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $780 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($16,619 per ton), while the price for Singapore ($24 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Price in Sri Lanka (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $1,007 per ton, remaining constant against the previous year. In general, the export price posted notable growth. The most prominent rate of growth was recorded in 2020 an increase of less than 0.1% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.4% per year.

Liquefied Butanes Imports in Sri Lanka

In 2022, after three years of growth, there was significant decline in overseas purchases of liquefied butaneses, when their volume decreased by -44.9% to 23K tons. Overall, imports showed a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year.

In value terms, liquefied butanes imports fell rapidly to $15M in 2022. In general, imports, however, showed a mild expansion. The pace of growth was the most pronounced in 2020 when imports increased by 46%.

Top Suppliers of Liquefied Butanes to Sri Lanka in 2022:

1. United States (9.0K tons)
2. United Arab Emirates (6.1K tons)
3. Iraq (5.2K tons)
4. Saudi Arabia (2.8K tons)

Liquefied Butanes Exports in Sri Lanka

Liquefied butanes exports from Sri Lanka amounted to 11K tons in 2022, remaining constant against the year before. Over the period under review, exports recorded significant growth. The smallest decline of -24% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, liquefied butanes exports stood at $12M in 2022. Overall, exports enjoyed significant growth. The smallest decline of -24% was in 2020. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Liquefied Butanes from Sri Lanka in 2022:

1. India (11.5K tons)

Source: IndexBox Market Intelligence Platform