Liquefied Butanes Price in Colombia - 2022

Contents:

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

Liquefied Butanes Price in Colombia (CIF) - 2022

The average liquefied butanes import price stood at $742 per ton in February 2022, reducing by -9% against the previous month. In general, the import price, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in July 2021 an increase of 1,306% month-to-month. As a result, import price reached the peak level of $8,052 per ton. From August 2021 to February 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was China ($1,539 per ton), while the price for the United States stood at $725 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquefied Butanes Price in Colombia (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $467 per ton, stabilizing at the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 25% against the previous year. The export price peaked at $901 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($474 per ton), while the average price for exports to the Dominican Republic amounted to $463 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+50.9%), while the prices for the other major destinations experienced mixed trend patterns.

Liquefied Butanes Imports in Colombia

After three years of growth, overseas purchases of liquefied butaneses decreased by -48.2% to 1.3K tons in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,689% against the previous year. As a result, imports attained the peak of 2.5K tons, and then declined significantly in the following year.

In value terms, liquefied butanes imports fell sharply to $2.9M in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 2,853%. As a result, imports attained the peak of $5.6M, and then contracted remarkably in the following year.

Top Suppliers of Liquefied Butanes to Colombia in 2022:

1. Chile (380.4 tons)
2. Dominican Republic (358.4 tons)
3. United States (289.5 tons)
4. Panama (219.2 tons)
5. Trinidad and Tobago (18.9 tons)

Liquefied Butanes Exports in Colombia

In 2022, approx. 4.8K tons of liquefied butaneses were exported from Colombia; dropping by -3% on 2021. Overall, exports showed a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 6.4% against the previous year.

In value terms, liquefied butanes exports reduced to $2.2M in 2022. Over the period under review, exports showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 7.7%.

Top Export Markets for Liquefied Butanes from Colombia in 2022:

1. Dominican Republic (3.9K tons)
2. Costa Rica (0.9K tons)

Source: IndexBox Market Intelligence Platform