Price for Petroleum gases and other gaseous hydrocarbons; liquefied, n.e.s. in heading no. 2711 in Colombia - 2022

Contents:

  1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Colombia (CIF) - 2022
  2. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Colombia

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Colombia (CIF) - 2022

In 2022, the average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $8,671 per ton, growing by 12% against the previous year. Overall, the import price saw a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 160%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,319 per ton), while the price for China stood at $2,133 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (-9.4%), while the prices for the other major suppliers experienced a decline.

Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Colombia

After two years of decline, overseas purchases of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes increased by 73% to 106 tons in 2022. Overall, imports, however, continue to indicate a sharp decrease.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes surged to $917K in 2022. Over the period under review, imports, however, showed a deep setback.

Import of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31729643652017.9%
United States34316926.533.1-54.1%
Trinidad and Tobago426190N/AN/A-55.4%
Others16.14.612.7364182.8%
Total1,101659475917-5.9%

Top Suppliers of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene to Colombia in 2022:

  1. China (243.6 tons)
  2. United States (10.0 tons)

Source: IndexBox Market Intelligence Platform

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