Liquefied Butanes Price in Turkey - 2023

Contents:

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

Liquefied Butanes Price in Turkey (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $3,401 per ton, dropping by -2.1% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. Over the period under review, average import prices attained the maximum at $3,473 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($13,058 per ton), while the price for Italy amounted to $2,028 per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-8.6%).

Liquefied Butanes Price in Turkey (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $847 per ton, with a decrease of -63.1% against the previous year. In general, the export price showed a noticeable curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 341%. As a result, the export price attained the peak level of $2,293 per ton, and then fell sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($5,053 per ton), while the average price for exports to Bulgaria ($747 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Liquefied Butanes Imports in Turkey

In 2022, imports of liquefied butaneses into Turkey surged to 14 tons, rising by 26% against 2021. The total import volume increased at an average annual rate of +25.8% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes imports skyrocketed to $47K in 2022. The total import value increased at an average annual rate of +23.2% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Liquefied Butanes in Turkey (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
ItalyN/A24.30%
Belgium0.220.19950.0%
Greece35.7N/A0%
Others1.92.215.8%
Total37.846.623.3%

Top Suppliers of Liquefied Butanes to Turkey in 2022:

  1. Italy (12.0 tons)
  2. Belgium (1.5 tons)

Liquefied Butanes Exports in Turkey

In 2022, overseas shipments of liquefied butaneses were finally on the rise to reach 16K tons after two years of decline. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes exports skyrocketed to $13M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Liquefied Butanes in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/AN/AN/A4,1680%
UkraineN/AN/AN/A1,4300%
Greece373652N/A1,33352.9%
RomaniaN/AN/AN/A1750%
Cyprus335N/AN/AN/A0%
Israel189N/A6.0N/A-82.2%
Others7527114.16,366103.8%
Total1,6481,36310.113,471101.4%

Top Export Markets for Liquefied Butanes from Turkey in 2022:

  1. Bulgaria (5.6K tons)
  2. Greece (1.8K tons)
  3. Ukraine (0.6K tons)
  4. Romania (0.2K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Petroleum gases and other gaseous hydrocarbons; liquefied, butanes - Turkey