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

Contents:

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

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $1,357 per ton, growing by 198% against the previous year. In general, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($1,357 per ton), while the average price for exports to Egypt stood at $1,357 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (-2.0%).

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $865 per ton, jumping by 81% against the previous year. In general, the import price, however, saw a mild downturn. Over the period under review, average import prices attained the maximum at $1,024 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 UK ($1,350 per ton), while the price for Switzerland ($800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Israel

In 2022, the amount of petroleum gases and other gaseous hydrocarbonses exported from Israel skyrocketed to 1.7M tons, with an increase of 679% compared with the previous year. Over the period under review, exports saw a significant expansion. 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 $2.3B in 2022. Overall, exports enjoyed significant growth. 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 Israel in 2022:

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Israel

In 2022, imports of petroleum gases and other gaseous hydrocarbonses into Israel shrank significantly to 314K tons, which is down by -32.1% on the previous year's figure. Overall, imports recorded a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 19%.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $271M in 2022. In general, imports recorded a deep setback.

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

1. Switzerland (268.8K tons)
2. United Kingdom (38.7K tons)
3. United States (3.0K tons)
4. Greece (0.5K tons)
5. Germany (0.1K tons)

Source: IndexBox Market Intelligence Platform