Liquefied Butanes Price in Hungary - 2023

Liquefied Butanes Price in Hungary (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $803 per ton, surging by 17% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 59% against the previous year. The import price peaked at $860 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($931 per ton) and Austria ($880 per ton), while the price for Russia ($758 per ton) and Romania ($773 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.5%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Price in Hungary (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $828 per ton, with an increase of 25% against the previous year. Overall, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39%. The export price peaked at $1,031 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($4,252 per ton), while the average price for exports to Romania ($694 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 Bulgaria (+22.7%), while the prices for the other major destinations experienced mixed trend patterns.

Liquefied Butanes Imports in Hungary

In 2022, after three years of growth, there was significant decline in purchases abroad of liquefied butaneses, when their volume decreased by -33.7% to 104K tons. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, imports reached the peak of 157K tons, and then dropped rapidly in the following year.

In value terms, liquefied butanes imports declined remarkably to $84M in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 128% against the previous year. As a result, imports attained the peak of $108M, and then declined dramatically in the following year.

Import of Liquefied Butanes in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	14.1	9.3	34.6	45.6	47.9%
Russia	9.1	14.6	24.0	19.5	28.9%
Romania	3.2	0.8	0.4	8.2	36.8%
Poland	5.8	7.8	3.1	3.2	-18.0%
France	0.6	1.3	2.4	2.0	49.4%
Belgium	N/A	4.3	28.4	1.7	-37.1%
Austria	0.3	0.4	1.1	1.5	71.0%
Slovakia	2.0	0.2	3.3	1.3	-13.4%
Others	4.3	8.8	11.0	0.5	-51.2%
Total	39.3	47.5	108	83.6	28.6%

Top Suppliers of Liquefied Butanes to Hungary in 2022:

Germany (56.5K tons)
Russia (25.7K tons)
Romania (10.7K tons)
Poland (3.4K tons)
France (2.4K tons)
Belgium (1.9K tons)
Austria (1.7K tons)
Slovakia (1.7K tons)

Liquefied Butanes Exports in Hungary

In 2022, the amount of liquefied butaneses exported from Hungary surged to 27K tons, with an increase of 24% against the previous year's figure. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes exports skyrocketed to $22M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Liquefied Butanes in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	2.3	2.3	5.1	5.6	34.5%
Serbia	2.8	2.3	3.1	4.9	20.5%
Slovenia	2.7	3.0	4.3	4.4	17.7%
Croatia	0.6	N/A	N/A	3.0	71.0%
Slovakia	1.6	N/A	1.6	2.4	14.5%
Ukraine	N/A	0.4	0.2	1.8	112.1%
Others	0.4	0.8	N/A	N/A	100.0%
Total	10.4	8.7	14.3	22.1	28.6%