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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $238 per ton in 2022, which is down by -2.3% against the previous year. In general, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 27%. The import price peaked at $469 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -6.1% per year.

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $486 per ton, waning by -18.9% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 41% against the previous year. The export price peaked at $835 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,891 per ton), while the average price for exports to Colombia ($34 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 France (-4.8%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Ireland

In 2022, imports of petroleum gases and other gaseous hydrocarbonses into Ireland skyrocketed to 21M tons, rising by 161% on the year before. In general, imports recorded significant growth. As a result, imports attained 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 $5.1B in 2022. Over the period under review, imports continue to indicate 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 Ireland in 2022:

1. United Kingdom (21.1M tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Ireland

In 2022, overseas shipments of petroleum gases and other gaseous hydrocarbonses decreased by -29.7% to 28K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. As a result, the exports attained the peak of 40K tons, and then dropped rapidly in the following year.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses contracted significantly to $14M in 2022. In general, exports, however, recorded perceptible growth. The pace of growth was the most pronounced in 2020 when exports increased by 43%.

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

1. Netherlands (6.6K tons)
2. United Kingdom (2.5K tons)
3. Belgium (1.8K tons)
4. France (0.8K tons)
5. Colombia (0.6K tons)

Source: IndexBox Market Intelligence Platform