Price for Petroleum Gases and Other Gaseous Hydrocarbons in Argentina - 2023

Contents:

1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Argentina (CIF) - 2022
2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Argentina (FOB) - 2022
3. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Argentina
4. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Argentina

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Argentina (CIF) - 2022

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $405 per ton in 2022, growing by 15% against the previous year. Over the period under review, the import price, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the peak figure at $679 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Trinidad and Tobago ($472 per ton), while the price for Bolivia ($297 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (-1.8%), while the prices for the other major suppliers experienced a decline.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Argentina (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $468 per ton in 2022, increasing by 40% against the previous year. Overall, the export price, however, recorded a perceptible setback. The growth pace was the most rapid in 2021 an increase of 55%. Over the period under review, the average export prices reached the maximum at $765 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 country with the highest price was Brazil ($575 per ton), while the average price for exports to Chile ($426 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 Brazil (-2.3%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Argentina

In 2022, approx. 11M tons of petroleum gases and other gaseous hydrocarbonses were imported into Argentina; increasing by 73% against the previous year's figure. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $4.3B in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Argentina in 2022:

1. Bolivia (5.7M tons)
2. United States (4.2M tons)
3. Qatar (0.2M tons)
4. Trinidad and Tobago (0.1M tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Argentina

In 2022, overseas shipments of petroleum gases and other gaseous hydrocarbonses were finally on the rise to reach 2.9M tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses soared to $1.4B in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Argentina in 2022:

1. Chile (2126.5K tons)
2. Brazil (775.9K tons)

Source: IndexBox Market Intelligence Platform