Liquefied Butanes Price in Vietnam - 2022
Contents:
- Liquefied Butanes Price in Vietnam (CIF) - 2022
- Liquefied Butanes Price in Vietnam (FOB) - 2022
- Liquefied Butanes Imports in Vietnam
- Liquefied Butanes Exports in Vietnam
Liquefied Butanes Price in Vietnam (CIF) - 2022
The average liquefied butanes import price stood at $495 per ton in 2022, surging by 2.8% against the previous year. In general, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $916 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 the United States ($625 per ton), while the price for Qatar ($345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.4%), while the prices for the other major suppliers experienced a decline.
Liquefied Butanes Price in Vietnam (FOB) - 2022
In 2022, the average liquefied butanes export price amounted to $487 per ton, rising by 3% against the previous year. Overall, the export price, however, showed a mild curtailment. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. As a result, the export price reached the peak level of $622 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($546 per ton), while the average price for exports to Bangladesh amounted to $486 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.0%), while the prices for the other major destinations experienced a decline.
Liquefied Butanes Imports in Vietnam
In 2022, the amount of liquefied butaneses imported into Vietnam dropped dramatically to 268K tons, waning by -21.6% on the previous year's figure. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 76%.
In value terms, liquefied butanes imports reduced dramatically to $133M in 2022. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year.
| Import of Liquefied Butanes in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.7 | 5.7 | 12.8 | 37.5 | 51.9% |
| United Arab Emirates | 18.3 | 16.8 | 27.1 | 23.0 | 7.9% |
| Nigeria | 31.6 | 10.7 | 15.6 | 15.7 | -20.8% |
| Kuwait | 30.7 | 11.7 | 17.9 | 15.2 | -20.9% |
| United States | 56.1 | 29.2 | 64.3 | 13.7 | -37.5% |
| Saudi Arabia | 15.5 | 7.7 | 13.4 | 11.4 | -9.7% |
| Qatar | 35.0 | 11.5 | 5.8 | 9.0 | -36.4% |
| Australia | 11.8 | 5.5 | 5.6 | 4.8 | -25.9% |
| Others | 19.2 | 2.0 | 2.3 | 2.6 | -48.6% |
| Total | 229 | 101 | 165 | 133 | -16.6% |
Top Suppliers of Liquefied Butanes to Vietnam in 2022:
- China (70.0K tons)
- United Arab Emirates (47.0K tons)
- Kuwait (32.2K tons)
- Saudi Arabia (26.9K tons)
- Nigeria (26.6K tons)
- Qatar (26.0K tons)
- United States (22.0K tons)
- Australia (12.7K tons)
Liquefied Butanes Exports in Vietnam
In 2022, exports of liquefied butaneses from Vietnam totaled 2.3K tons, picking up by 7.1% compared with the year before. The total export volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year. As a result, the exports reached the peak of 2.5K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, liquefied butanes exports amounted to $1.1M in 2022. The total export value increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 52%. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Liquefied Butanes in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 766 | 1,184 | 994 | 1,104 | 13.0% |
| Malaysia | 29.4 | 24.7 | 7.4 | 6.8 | -38.6% |
| Others | 18.1 | 27.1 | 23.3 | 19.6 | 2.7% |
| Total | 814 | 1,236 | 1,025 | 1,131 | 11.6% |
Top Export Markets for Liquefied Butanes from Vietnam in 2022:
- Bangladesh (2272.4 tons)
- Malaysia (12.5 tons)
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