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

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in France (CIF) - 2023
2. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in France (FOB) - 2023
3. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in France
4. Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in France

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in France (CIF) - 2023

The average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes stood at $1,105 per ton in November 2023, falling by -2.3% against the previous month. In general, the import price, however, continues to indicate a modest increase. The growth pace was the most rapid in May 2023 an increase of 639% against the previous month. As a result, import price attained the peak level of $9,213 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($8,002 per ton), while the price for Algeria ($819 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.9%), 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 France (FOB) - 2023

In November 2023, the average export price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $956 per ton, waning by -7.4% against the previous month. In general, the export price showed a deep contraction. The growth pace was the most rapid in May 2023 when the average export price increased by 671% m-o-m. Over the period under review, the average export prices attained the peak figure at $14,660 per ton in August 2023; however, from September 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Spain ($9,781 per ton), while the average price for exports to Germany ($891 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes increased by 17% to 7.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a precipitous curtailment.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes skyrocketed to $11M in 2022. In general, imports, however, faced a deep slump.

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

1. United States (5860.6 tons)
2. Netherlands (984.6 tons)
3. Italy (372.0 tons)
4. Germany (207.5 tons)
5. Belgium (34.1 tons)
6. United Kingdom (1.1 tons)
7. Mauritius (0.4 tons)

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

For the third consecutive year, France recorded decline in shipments abroad of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes, which decreased by -34.7% to 3.8K tons in 2022. In general, exports recorded a sharp setback.

In value terms, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes fell rapidly to $4.1M in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 9.6%.

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

1. Germany (4295.3 tons)
2. Spain (507.4 tons)
3. Italy (462.4 tons)
4. Czech Republic (211.2 tons)
5. Belgium (209.4 tons)
6. Netherlands (191.2 tons)
7. United Kingdom (127.3 tons)

Source: IndexBox Market Intelligence Platform