Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Saudi Arabia - 2022

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Saudi Arabia (FOB) - 2022
2. Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Saudi Arabia

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

The average export price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $863 per ton in 2022, surging by 57% against the previous year. In general, export price indicated a significant increase from 2021 to 2022: its price increased at an average annual rate of +57.4% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sri Lanka ($4,006 per ton) and India ($3,472 per ton), while the average price for exports to Oman ($3,370 per ton) and the Philippines ($3,441 per ton) were amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes from Saudi Arabia reduced notably to 180K tons in 2022, waning by -34% against 2021. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year.

In value terms, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes totaled $155M in 2022. Overall, exports, however, saw a relatively flat trend pattern. As a result, the exports reached 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 Saudi Arabia in 2022:

Source: IndexBox Market Intelligence Platform