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

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Sweden (FOB) - 2022
2. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Sweden (CIF) - 2023
3. Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Sweden
4. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Sweden

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

In 2022, the average export price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $5,340 per ton, increasing by 170% against the previous year. Overall, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 France ($4,875 per ton), while the average price for exports to the Netherlands ($2,090 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 Germany (+64.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Sweden (CIF) - 2023

The average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $1,448 per ton in November 2023, remaining constant against the previous month. Overall, the import price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in September 2023 an increase of 37% m-o-m. The import price peaked at $3,410 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From November 2022 to November 2023, the rate of growth in terms of prices for Norway amounted to -13.0% per month.

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

In 2022, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes from Sweden surged to 3.7K tons, increasing by 41% compared with the year before. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 98%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes skyrocketed to $20M in 2022. Overall, exports showed 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 Sweden in 2022:

1. Netherlands (1925.3 tons)
2. Germany (1452.2 tons)
3. France (91.7 tons)
4. Norway (84.3 tons)

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

For the fourth year in a row, Sweden recorded growth in overseas purchases of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes, which increased by 15% to 14K tons in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes fell modestly to $36M in 2022. Overall, imports, however, showed a pronounced contraction.

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

Source: IndexBox Market Intelligence Platform