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

Contents:

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

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $890 per ton, surging by 33% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained 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 Kuwait ($1,443 per ton), while the average price for exports to Belgium ($423 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 the UK (+45.1%), 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 Angola (CIF) - 2022

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $1,628 per ton, shrinking by -13.9% against the previous year. Overall, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 51% against the previous year. The import price peaked at $3,786 per ton in 2018; however, from 2019 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 France ($5,057 per ton), while the price for South Africa ($1,123 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.3%), while the prices for the other major suppliers experienced a decline.

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

Exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses from Angola surged to 7.7M tons in 2022, growing by 122% against the year before. Overall, exports posted a significant expansion. 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 hydrocarbons; liquefied, natural gasses skyrocketed to $6.8B in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands44.315.92141,631232.7%
India5714076691,61041.3%
United Kingdom11.133.982.21,351395.6%
Spain61.018.0288551108.3%
China32.752.1194357121.8%
Belgium11.73.861.2219165.5%
Turkey22.717.343.913581.2%
Singapore13.135.0134118108.1%
Thailand34.433.626.010645.5%
Pakistan15.810.419288.077.3%
South Korea81.646.917.775.0-2.8%
Brazil18.513.332.459.747.8%
Kuwait38.039.530.757.314.7%
Others32917333247312.9%
Total1,2869002,3176,83174.5%

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

  1. India (1954.7K tons)
  2. Netherlands (1300.3K tons)
  3. United Kingdom (1263.3K tons)
  4. Spain (852.8K tons)
  5. Belgium (517.1K tons)
  6. China (483.5K tons)
  7. Turkey (175.2K tons)
  8. South Korea (151.4K tons)
  9. Singapore (122.0K tons)
  10. Pakistan (111.7K tons)
  11. Thailand (94.9K tons)
  12. Brazil (93.4K tons)
  13. Kuwait (39.7K tons)

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

Imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Angola contracted sharply to 31 tons in 2022, waning by -17.9% on the previous year's figure. Overall, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 104% against the previous year. As a result, imports attained the peak of 38 tons, and then shrank markedly in the following year.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses dropped remarkably to $51K in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 56%.

Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia36.922.530.426.8-10.1%
United Arab Emirates20.218.935.618.8-2.4%
United Kingdom4.42.63.22.7-15.0%
Others10.92.22.62.6-38.0%
Total72.346.271.950.9-11.0%

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

  1. Namibia (19.2 tons)
  2. United Arab Emirates (10.7 tons)
  3. United Kingdom (0.8 tons)

Source: IndexBox Market Intelligence Platform

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