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

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

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $609 per ton in 2022, dropping by -8.8% against the previous year. In general, the import price, however, saw moderate growth. The growth pace was the most rapid in 2017 when the average import price increased by 2,098%. As a result, import price attained the peak level of $5,049 per ton. From 2018 to 2022, the average 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 Russia ($637 per ton), while the price for Kazakhstan amounted to $41 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-19.2%).

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

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $664 per ton in 2022, picking up by 13% against the previous year. Overall, the export price, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2021 an increase of 64% against the previous year. The export price peaked at $776 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($990 per ton), while the average price for exports to North Macedonia ($126 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 Serbia (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Belarus

In 2022, after two years of decline, there was significant growth in purchases abroad of petroleum gases and other gaseous hydrocarbonses, when their volume increased by 15% to 176K tons. Overall, imports, however, faced a dramatic descent.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses totaled $107M in 2022. In general, imports, however, showed a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year.

Import of Petroleum Gases and Other Gaseous Hydrocarbons in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	2,751	40.3	102	107	-66.1%
Kazakhstan	5.2	0.1	0.3	0.3	-61.4%
Others	2,776	40.5	N/A	N/A	-98.5%
Total	5,532	80.9	102	107	-73.2%

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

Russia (167.5K tons)
Kazakhstan (8.2K tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Belarus

In 2022, the amount of petroleum gases and other gaseous hydrocarbonses exported from Belarus fell remarkably to 97K tons, with a decrease of -80.7% compared with the previous year. Over the period under review, exports faced a sharp reduction. The smallest decline of -17.9% was in 2020.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses declined remarkably to $65M in 2022. Overall, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 20%.

Export of Petroleum Gases and Other Gaseous Hydrocarbons in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ukraine	136	105	189	29.6	-39.8%
Russia	19.3	7.5	36.5	19.0	-0.5%
Poland	9.8	4.8	49.1	5.2	-19.0%
Serbia	6.1	1.1	10.6	3.8	-14.6%
North Macedonia	1.6	1.6	1.9	1.0	-14.5%
Czech Republic	1.7	1.6	1.8	0.9	-19.1%
Bulgaria	0.8	2.0	1.5	0.8	0.0%
Others	177	124	7.1	4.4	-70.8%
Total	352	248	297	64.6	-43.2%