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

Contents:

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

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

The average export price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $739 per ton in 2022, rising by 33% against the previous year. Over the period under review, the export price, however, recorded a mild slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs at $839 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Ukraine ($795 per ton) and Bulgaria ($730 per ton), while the average price for exports to North Macedonia ($634 per ton) and Serbia ($685 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+1.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $150 per ton, growing by 31% against the previous year. Over the period under review, the import price enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 71% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Bulgaria ($106,429 per ton), while the price for the Czech Republic ($4,125 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Romania

For the fourth consecutive year, Romania recorded growth in shipments abroad of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes, which increased by 60% to 51K tons in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes skyrocketed to $38M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene from Romania in 2022:

1. Moldova (16.8K tons)
2. Bulgaria (15.9K tons)
3. Ukraine (15.1K tons)
4. North Macedonia (1.8K tons)
5. Serbia (1.5K tons)

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

Imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes into Romania rose to 1.4K tons in 2022, surging by 2% against 2021 figures. In general, imports, however, showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 2% against the previous year.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes surged to $217K in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. France (7.7 tons)
2. Germany (6.3 tons)
3. Czech Republic (4.7 tons)
4. Italy (0.8 tons)
5. United Kingdom (0.6 tons)
6. Bulgaria (0.4 tons)

Source: IndexBox Market Intelligence Platform