Liquefied Propane Price in Iraq - 2022

Contents:

1. Liquefied Propane Price in Iraq (FOB) - 2022
2. Liquefied Propane Exports in Iraq

Liquefied Propane Price in Iraq (FOB) - 2022

In 2022, the average liquefied propane export price amounted to $397 per ton, declining by -6.6% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 an increase of 57%. As a result, the export price reached the peak level of $888 per ton. From 2016 to 2022, the average 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 Maldives ($914 per ton), while the average price for exports to Armenia ($393 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 Georgia (-4.0%).

Liquefied Propane Exports in Iraq

After three years of growth, overseas shipments of liquefied propanes decreased by -2.8% to 131 tons in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 86% against the previous year.

In value terms, liquefied propane exports dropped to $52K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 54%.

Top Export Markets for Liquefied Propane from Iraq in 2022:

1. China (12.7K tons)
2. Sri Lanka (5.1K tons)
3. Maldives (1.7K tons)
4. Georgia (1.0K tons)

Source: IndexBox Market Intelligence Platform