Price for Petroleum Gases and Other Gaseous Hydrocarbons in Algeria - 2022

Contents:

1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Algeria (FOB) - 2022
2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Algeria (CIF) - 2022
3. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Algeria
4. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Algeria

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Algeria (FOB) - 2022

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $576 per ton, rising by 42% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $702 per ton in 2015; however, from 2016 to 2022, the 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 Tunisia ($2,465 per ton), while the average price for exports to Morocco ($413 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 Tunisia (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Algeria (CIF) - 2022

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $723 per ton in 2022, increasing by 24% against the previous year. Overall, the import price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2021 an increase of 40%. Over the period under review, average import prices hit record highs at $1,301 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Italy ($5,343 per ton), while the price for Kazakhstan ($723 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+177.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Algeria

In 2022, exports of petroleum gases and other gaseous hydrocarbonses from Algeria surged to 53M tons, rising by 42% against the previous year. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses surged to $30.5B in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Algeria in 2022:

1. Italy (31.5M tons)
2. Spain (8.9M tons)
3. France (5.7M tons)
4. Turkey (1.8M tons)
5. United Kingdom (1.2M tons)
6. Morocco (0.1M tons)

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Algeria

In 2022, imports of petroleum gases and other gaseous hydrocarbonses into Algeria rose slightly to 197K tons, surging by 2.1% on 2021. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $143M in 2022. In general, imports recorded prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Algeria in 2022:

1. Kazakhstan (197.3K tons)

Source: IndexBox Market Intelligence Platform