Price for Petroleum Gases and Other Gaseous Hydrocarbons in Chile - 2023

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $538 per ton in 2022, with an increase of 18% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of 63%. The import price peaked at $644 per ton in 2012; however, from 2013 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 the United States ($673 per ton), while the price for Argentina ($445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+54.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $1,011 per ton in 2022, surging by 76% against the previous year. In general, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,080 per ton in 2012; however, from 2013 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 the UK ($2,087 per ton), while the average price for exports to Colombia ($625 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 South Africa (+44.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Chile

In 2022, imports of petroleum gases and other gaseous hydrocarbonses into Chile rose sharply to 6.5M tons, surging by 12% on the year before. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $3.5B in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Argentina (2.8M tons)
2. United States (1.7M tons)
3. Equatorial Guinea (0.9M tons)
4. Trinidad and Tobago (0.8M tons)
5. Australia (0.2M tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Chile

In 2022, exports of petroleum gases and other gaseous hydrocarbonses from Chile skyrocketed to 359K tons, growing by 68% on the year before. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $363M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Peru (81.7K tons)
2. Taiwan (Chinese) (61.4K tons)
3. United Kingdom (51.9K tons)
4. Dominican Republic (50.2K tons)
5. South Africa (46.6K tons)
6. Colombia (19.9K tons)
7. Anguilla (18.4K tons)

Source: IndexBox Market Intelligence Platform