Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Algeria - 2022

Contents:

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

Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Algeria (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $654 per ton in 2022, surging by 50% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses increased by +122.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,865 per ton), while the average price for exports to the United States ($81 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 India (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Algeria (CIF) - 2022

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $1,096 per ton, increasing by 8% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 75%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($77,227 per ton), while the price for the United States ($991 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+45.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Algeria

Exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses from Algeria skyrocketed to 10M tons in 2022, jumping by 18% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses surged to $6.5B in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 77%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas from Algeria in 2022:

1. France (2.6M tons)
2. Turkey (2.0M tons)
3. Italy (1.4M tons)
4. United Kingdom (1.4M tons)
5. Spain (1.1M tons)
6. United States (0.3M tons)
7. Greece (0.3M tons)

Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Algeria

For the third year in a row, Algeria recorded decline in purchases abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses, which decreased by -18.4% to 20 tons in 2022. Overall, imports showed a abrupt contraction.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses shrank to $22K in 2022. In general, imports saw a abrupt decrease.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas to Algeria in 2022:

1. United States (19.4 tons)

Source: IndexBox Market Intelligence Platform