Price for Petroleum gases and other gaseous hydrocarbons; liquefied, n.e.s. in heading no. 2711 in Morocco - 2023

Contents:

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

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

The average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $9,208 per ton in 2022, with an increase of 6.5% against the previous year. Over the period under review, the import price showed a strong increase. The growth pace was the most rapid in 2014 an increase of 90% against the previous year. As a result, import price reached the peak level of $11,411 per ton. From 2015 to 2022, the average import prices remained at a 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 the Netherlands ($246 per ton), while the price for Finland ($39 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+5.0%), 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 Morocco

For the third year in a row, Morocco recorded decline in supplies from abroad of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes, which decreased by -6.3% to 1.6 tons in 2022. In general, imports recorded a noticeable slump. The smallest decline of -0.3% was in 2020.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes contracted modestly to $15K in 2022. Overall, imports saw a noticeable descent.

Import of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CroatiaN/AN/AN/AN/A0%
United Kingdom6.411.80.1N/A-87.5%
Finland0.92.2N/AN/A144.4%
Netherlands1.02.0N/AN/A100.0%
Others8.40.114.914.921.1%
Total16.716.115.014.9-3.7%

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

  1. Croatia (304.0 kg)
  2. Finland (185.0 kg)
  3. United Kingdom (81.0 kg)
  4. Netherlands (13.0 kg)

Source: IndexBox Market Intelligence Platform

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