Price for Petroleum gases and other gaseous hydrocarbons; liquefied, n.e.s. in heading no. 2711 in Brazil - 2024

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Brazil (CIF) - 2024
2. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Brazil (FOB) - 2022
3. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Brazil
4. Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Brazil

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Brazil (CIF) - 2024

The average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $678 per ton in February 2024, growing by 13% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 16% against the previous month. Over the period under review, average import prices attained the peak figure in February 2024.

Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was Argentina ($692 per ton), while the price for Bolivia stood at $654 per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Bolivia (+1.3%).

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Brazil (FOB) - 2022

In 2022, the average export price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $4.5 per ton, dropping by -99.3% against the previous year. In general, the export price faced a significant decrease. The growth pace was the most rapid in 2016 when the average export price increased by 155%. As a result, the export price attained the peak level of $2,335 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Marshall Islands ($2,562 per ton), while the average price for exports to Guyana stood at $1,840 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+70.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Brazil

For the third consecutive year, Brazil recorded decline in overseas purchases of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes, which decreased by -14.8% to 161 tons in 2022. Over the period under review, imports showed a abrupt decrease.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes declined to $319K in 2022. Overall, imports saw a abrupt decline. The smallest decline of -6.7% was in 2021.

Top Suppliers of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene to Brazil in 2022:

1. Argentina (87.8K tons)
2. Bolivia (41.3K tons)
3. Trinidad and Tobago (6.7K tons)
4. United States (0.3K tons)

Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Brazil

In 2022, the amount of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes exported from Brazil totaled 5.7K tons, picking up by 9.3% on the previous year's figure. The total export volume increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 44%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes contracted markedly to $26K in 2022. Overall, exports, however, continue to indicate a dramatic decline. The smallest decline of -7.4% was in 2020.

Top Export Markets for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene from Brazil in 2022:

Source: IndexBox Market Intelligence Platform