Liquefied Butanes Price in Ireland - 2023

Contents:

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

Liquefied Butanes Price in Ireland (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $414 per ton, declining by -27.6% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 62% against the previous year. The export price peaked at $842 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 the UK ($861 per ton), while the average price for exports to the Netherlands ($327 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 France (+15.9%), while the prices for the other major destinations experienced mixed trend patterns.

Liquefied Butanes Price in Ireland (CIF) - 2022

The average liquefied butanes import price stood at $980 per ton in 2022, dropping by -3.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 62%. The import price peaked at $1,016 per ton in 2021, and then shrank slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($958 per ton), while the price for the Netherlands stood at $673 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.3%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Exports in Ireland

In 2022, the amount of liquefied butaneses exported from Ireland soared to 27K tons, rising by 53% on the previous year's figure. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes exports amounted to $11M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Liquefied Butanes from Ireland in 2022:

1. Netherlands (21.3K tons)
2. Belgium (3.0K tons)
3. United Kingdom (2.5K tons)

Liquefied Butanes Imports in Ireland

For the fourth year in a row, Ireland recorded growth in overseas purchases of liquefied butaneses, which increased by 26% to 4.5K tons in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 63%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, liquefied butanes imports skyrocketed to $4.4M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 137%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Liquefied Butanes to Ireland in 2022:

1. United Kingdom (3.5K tons)
2. Netherlands (0.9K tons)

Source: IndexBox Market Intelligence Platform