Liquefied Butanes Price in Venezuela - 2022

Liquefied Butanes Price in Venezuela (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $2,122 per ton, rising by 21% against the previous year. In general, the export price saw a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 231% against the previous year. Over the period under review, the average export prices reached the maximum at $2,605 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($529 per ton), while the average price for exports to Morocco amounted to $68 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+23.2%), while the prices for the other major destinations experienced mixed trend patterns.

Liquefied Butanes Price in Venezuela (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $320 per ton, picking up by 2.9% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $632 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +14.6% per year.

Liquefied Butanes Exports in Venezuela

In 2022, approx. 15K tons of liquefied butaneses were exported from Venezuela; with a decrease of -16.6% compared with 2021 figures. In general, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 50% against the previous year.

In value terms, liquefied butanes exports stood at $32M in 2022. Over the period under review, 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.

Export of Liquefied Butanes in Venezuela (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	8.5	4.5	6.9	5.8	-12.0%
Morocco	1.1	0.4	0.4	0.3	-35.2%
Burkina Faso	0.2	N/A	0.1	N/A	-29.3%
Others	21.3	26.4	24.3	25.8	6.6%
Total	31.1	31.3	31.6	31.9	0.9%

Top Export Markets for Liquefied Butanes from Venezuela in 2022:

Brazil (11.0K tons)
Morocco (3.8K tons)
Burkina Faso (0.2K tons)

Liquefied Butanes Imports in Venezuela

In 2022, liquefied butanes imports into Venezuela expanded sharply to 2.9K tons, increasing by 13% against the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 68% against the previous year. As a result, imports attained the peak of 3.3K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, liquefied butanes imports surged to $937K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 94% against the previous year. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a lower figure.