Liquefied Butanes Price in Canada - 2023

Contents:

1. Liquefied Butanes Price in Canada (FOB) - 2023
2. Liquefied Butanes Price in Canada (CIF) - 2023
3. Liquefied Butanes Exports in Canada
4. Liquefied Butanes Imports in Canada

Liquefied Butanes Price in Canada (FOB) - 2023

In September 2023, the average liquefied butanes export price amounted to $250 per ton, with an increase of 7.7% against the previous month. In general, the export price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in August 2023 an increase of 22% m-o-m. The export price peaked at $325 per ton in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.

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

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -2.0% per month.

Liquefied Butanes Price in Canada (CIF) - 2023

The average liquefied butanes import price stood at $249 per ton in September 2023, growing by 24% against the previous month. In general, the import price, however, recorded a perceptible shrinkage. Over the period under review, average import prices attained the maximum at $339 per ton in April 2023; however, from May 2023 to September 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 the United States.

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -3.1% per month.

Liquefied Butanes Exports in Canada

In 2022, approx. 2.3M tons of liquefied butaneses were exported from Canada; rising by 17% compared with 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 249% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, liquefied butanes exports surged to $792M in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 166% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Liquefied Butanes from Canada in 2022:

1. United States (2.3M tons)

Liquefied Butanes Imports in Canada

In 2022, purchases abroad of liquefied butaneses decreased by -4.8% to 252K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of 574K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, liquefied butanes imports expanded markedly to $87M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 39% against the previous year. As a result, imports reached the peak of $102M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Liquefied Butanes to Canada in 2022:

1. United States (247.2K tons)

Source: IndexBox Market Intelligence Platform