Liquefied Butanes Price in Iran - 2022

Contents:

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

Liquefied Butanes Price in Iran (FOB) - 2022

The average liquefied butanes export price stood at $492 per ton in 2022, approximately equating the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 25%. The export price peaked at $930 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($844 per ton), while the average price for exports to Egypt ($177 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 South Korea (-0.8%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Price in Iran (CIF) - 2022

The average liquefied butanes import price stood at $462 per ton in 2022, with a decrease of -2.1% against the previous year. In general, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2017 an increase of 56% against the previous year. As a result, import price attained the peak level of $586 per ton. From 2018 to 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 2022, amid the top importers, the country with the highest price was South Korea ($3,956 per ton), while the price for Kazakhstan totaled $458 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.3%).

Liquefied Butanes Exports in Iran

In 2022, the amount of liquefied butaneses exported from Iran amounted to 1.8M tons, approximately equating the previous year. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when exports increased by 4.5% against the previous year. As a result, the exports reached the peak of 1.8M tons; afterwards, it flattened through to 2022.

In value terms, liquefied butanes exports reached $877M in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 2.4%. As a result, the exports attained the peak of $882M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Liquefied Butanes from Iran in 2022:

1. China (48.8K tons)
2. Indonesia (3.1K tons)
3. Thailand (3.0K tons)
4. United Arab Emirates (2.3K tons)
5. Kenya (1.6K tons)
6. India (1.2K tons)
7. Pakistan (0.8K tons)
8. Taiwan (Chinese) (0.7K tons)

Liquefied Butanes Imports in Iran

In 2022, the amount of liquefied butaneses imported into Iran rose slightly to 48 tons, surging by 2.1% against 2021. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 8.7% against the previous year. As a result, imports attained the peak of 49 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, liquefied butanes imports reduced slightly to $22K in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 0.1% against the previous year.

Top Suppliers of Liquefied Butanes to Iran in 2022:

1. Kazakhstan (47.8 tons)

Source: IndexBox Market Intelligence Platform