Liquefied Butanes Price in Mexico - 2022

Contents:

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

Liquefied Butanes Price in Mexico (CIF) - 2022

In November 2022, the average liquefied butanes import price amounted to $368 per ton, approximately mirroring the previous month. In general, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in May 2022 when the average import price increased by 5.1% m-o-m. The import price peaked at $525 per ton in January 2022; however, from February 2022 to November 2022, 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 January 2022 to November 2022, the rate of growth in terms of prices for the United States amounted to -3.5% per month.

Liquefied Butanes Price in Mexico (FOB) - 2022

The average liquefied butanes export price stood at $356 per ton in 2022, which is down by -5.4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $709 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($391 per ton), while the average price for exports to France ($292 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 the Netherlands (+17.9%), while the prices for the other major destinations experienced mixed trend patterns.

Liquefied Butanes Imports in Mexico

Liquefied butanes imports into Mexico soared to 235K tons in 2022, picking up by 2,710% on the previous year's figure. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes imports skyrocketed to $213M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquefied Butanes to Mexico in 2022:

1. United States (114.8K tons)
2. Norway (99.1K tons)
3. Canada (20.9K tons)

Liquefied Butanes Exports in Mexico

In 2022, the amount of liquefied butaneses exported from Mexico fell to 28K tons, reducing by -3.9% against the previous year. Overall, exports saw a noticeable decline. The pace of growth was the most pronounced in 2021 when exports increased by 8.4%.

In value terms, liquefied butanes exports reduced to $10M in 2022. Over the period under review, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 22%.

Top Export Markets for Liquefied Butanes from Mexico in 2022:

1. Morocco (17.2K tons)
2. France (10.2K tons)
3. Belize (0.8K tons)

Source: IndexBox Market Intelligence Platform