Price for Petroleum gases and other gaseous hydrocarbons; liquefied, n.e.s. in heading no. 2711 in Finland - 2023

Contents:

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

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

In 2022, the average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $1,174 per ton, jumping by 55% against the previous year. Over the period under review, the import price posted a noticeable expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($112,857 per ton), while the price for Norway stood at $14,612 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+62.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $40,367 per ton, increasing by 5.7% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2,493%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($469,760 per ton), while the average price for exports to the United States ($3,344 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 France (+261.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes into Finland dropped to 18K tons, with a decrease of -5% against 2021 figures. Overall, imports recorded a noticeable decrease. The smallest decline of -2.5% was in 2020.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes soared to $21M in 2022. In general, imports, however, posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

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

In 2022, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes from Finland declined modestly to 182 tons, waning by -4.4% on the previous year's figure. In general, exports showed a sharp decrease.

In value terms, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes totaled $7.3M in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 1% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

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

1. Sweden (2.4 tons)
2. Estonia (0.6 tons)

Source: IndexBox Market Intelligence Platform