Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Belgium - 2024

Contents:

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

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $548 per ton, increasing by 35% against the previous year. Overall, the import price, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 an increase of 58% against the previous year. Over the period under review, average import prices reached the peak figure at $732 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Qatar ($527 per ton), while the price for the United States ($510 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 States (+33.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $475 per ton, surging by 8.1% against the previous year. Overall, the export price, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 an increase of 64% against the previous year. The export price peaked at $791 per ton in 2013; however, from 2014 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 Brazil ($1,827 per ton), while the average price for exports to Germany ($282 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 Finland (+68.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 20M tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were imported into Belgium; picking up by 359% on the previous year's figure. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses surged to $11B in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar5611761,3086,042120.8%
Russia3522913032,50092.2%
United States28.584.134.81,612283.9%
Egypt30.525.015.974.834.9%
Others21.428.9107733224.8%
Total9936051,76910,961122.7%

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

  1. Qatar (11.5M tons)
  2. Russia (4.9M tons)
  3. United States (3.2M tons)
  4. Egypt (0.2M tons)

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

In 2022, the amount of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses exported from Belgium surged to 287K tons, with an increase of 279% against 2021. In general, exports recorded a significant increase. 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 hydrocarbons; liquefied, natural gasses skyrocketed to $136M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 456% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.1N/A6.545.3668.0%
Gibraltar4.43.911.730.189.8%
France1.51.43.417.3125.9%
BrazilN/AN/AN/A15.90%
Netherlands0.10.14.011.5386.3%
Finland1.1N/AN/A8.194.5%
Sweden12.1N/AN/A0.1-79.8%
Others3.10.67.68.037.2%
Total22.46.033.213682.4%

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

  1. Germany (160.6K tons)
  2. Gibraltar (60.8K tons)
  3. France (36.2K tons)
  4. Netherlands (10.2K tons)
  5. Brazil (8.7K tons)
  6. Finland (5.5K tons)
  7. Sweden (0.1K tons)

Source: IndexBox Market Intelligence Platform

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