Liquefied Butanes Price in Romania - 2023
Contents:
- Liquefied Butanes Price in Romania (FOB) - 2023
- Liquefied Butanes Price in Romania (CIF) - 2022
- Liquefied Butanes Exports in Romania
- Liquefied Butanes Imports in Romania
Liquefied Butanes Price in Romania (FOB) - 2023
The average liquefied butanes export price stood at $464 per ton in August 2023, jumping by 43% against the previous month. Over the period under review, the export price, however, showed a pronounced shrinkage. The export price peaked at $637 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($3,745 per ton), while the average price for exports to Lebanon ($369 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.
Liquefied Butanes Price in Romania (CIF) - 2022
The average liquefied butanes import price stood at $873 per ton in 2022, increasing by 29% against the previous year. In general, the import price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. The import price peaked at $1,050 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,324 per ton), while the price for Ukraine ($563 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Liquefied Butanes Exports in Romania
In 2022, overseas shipments of liquefied butaneses were finally on the rise to reach 171K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt setback.
In value terms, liquefied butanes exports surged to $120M in 2022. In general, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Liquefied Butanes in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 48.9 | 28.4 | 48.4 | 65.5 | 10.2% |
| Ukraine | 1.5 | 0.7 | 2.4 | 13.7 | 109.0% |
| Moldova | 3.3 | 2.5 | 4.0 | 9.5 | 42.3% |
| Hungary | 3.1 | 0.8 | 0.4 | 8.0 | 37.2% |
| Austria | N/A | 1.2 | 0.4 | 6.9 | 139.8% |
| North Macedonia | 4.0 | 1.8 | 2.9 | 6.2 | 15.7% |
| Serbia | 7.4 | 3.0 | 7.3 | 5.5 | -9.4% |
| Turkey | N/A | 2.0 | 2.5 | 2.5 | 11.8% |
| Albania | 4.1 | 0.1 | N/A | 1.5 | -28.5% |
| Croatia | 3.9 | N/A | 1.2 | N/A | -44.5% |
| Tunisia | 4.8 | N/A | N/A | N/A | 0% |
| Others | 2.9 | 1.1 | 1.9 | 0.4 | -48.3% |
| Total | 84.1 | 41.6 | 71.4 | 120 | 12.6% |
Top Export Markets for Liquefied Butanes from Romania in 2022:
- Bulgaria (99.6K tons)
- Ukraine (14.4K tons)
- Moldova (13.0K tons)
- Hungary (11.2K tons)
- Austria (9.7K tons)
- North Macedonia (8.7K tons)
- Serbia (7.7K tons)
- Turkey (4.2K tons)
- Albania (2.0K tons)
Liquefied Butanes Imports in Romania
In 2022, after three years of growth, there was significant decline in purchases abroad of liquefied butaneses, when their volume decreased by -59.3% to 21K tons. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 106%. As a result, imports reached the peak of 52K tons, and then contracted sharply in the following year.
In value terms, liquefied butanes imports plummeted to $18M in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 218%. As a result, imports attained the peak of $35M, and then declined remarkably in the following year.
| Import of Liquefied Butanes in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | N/A | N/A | N/A | 5.8 | 0% |
| Hungary | 2.3 | 2.2 | 5.0 | 5.7 | 35.3% |
| Russia | N/A | 0.6 | 6.4 | 1.4 | 52.8% |
| Italy | 0.6 | 1.2 | 2.9 | 1.3 | 29.4% |
| Kazakhstan | 3.7 | 3.0 | 6.2 | 0.8 | -40.0% |
| Ukraine | N/A | N/A | 7.0 | 0.4 | -94.3% |
| Croatia | N/A | N/A | 0.4 | 0.4 | 0.0% |
| Libya | N/A | N/A | 1.4 | N/A | 0% |
| Others | 1.8 | 4.1 | 5.9 | 2.6 | 13.0% |
| Total | 8.5 | 11.1 | 35.2 | 18.4 | 29.4% |
Top Suppliers of Liquefied Butanes to Romania in 2022:
- Algeria (7.3K tons)
- Hungary (7.3K tons)
- Russia (2.0K tons)
- Italy (1.0K tons)
- Kazakhstan (1.0K tons)
- Ukraine (0.8K tons)
- Croatia (0.6K tons)
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