Liquefied Butanes Price in Australia - 2023

Contents:

1. Liquefied Butanes Price in Australia (FOB) - 2022
2. Liquefied Butanes Price in Australia (CIF) - 2022
3. Liquefied Butanes Exports in Australia
4. Liquefied Butanes Imports in Australia

Liquefied Butanes Price in Australia (FOB) - 2022

Australia has no trade partners to describe.

Liquefied Butanes Price in Australia (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $3,157 per ton, surging by 14% against the previous year. Over the period under review, the import price showed a resilient expansion. The growth pace was the most rapid in 2013 an increase of 48%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,657 per ton), while the price for South Korea amounted to $3,080 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Liquefied Butanes Exports in Australia

In 2022, the amount of liquefied butaneses exported from Australia contracted to 1.3M tons, which is down by -6% against the previous year's figure. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 317%. As a result, the exports reached the peak of 1.4M tons, and then dropped in the following year.

In value terms, liquefied butanes exports expanded markedly to $910M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 537%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Top Export Markets for Liquefied Butanes from Australia in 2022:

Liquefied Butanes Imports in Australia

Liquefied butanes imports into Australia surged to 4.1K tons in 2022, increasing by 22% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 36%. As a result, imports reached the peak of 5.4K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, liquefied butanes imports surged to $13M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquefied Butanes to Australia in 2022:

1. South Korea (3.8K tons)
2. China (0.2K tons)

Source: IndexBox Market Intelligence Platform