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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $550 per ton in 2022, shrinking by -6.6% against the previous year. In general, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48%. The import price peaked at $773 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Nigeria ($2,258 per ton), while the price for Trinidad and Tobago ($326 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $925 per ton, jumping by 58% against the previous year. In general, the export price enjoyed a notable expansion. Over the period under review, the average export prices attained the maximum at $10,601 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($1,072 per ton), while the average price for exports to the United States amounted to $705 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Brazil amounted to 6.5M tons in 2022, picking up by 3.8% against 2021 figures. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 1,129%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses dropped modestly to $3.6B in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,716% against the previous year. As a result, imports reached the peak of $3.7B, and then contracted slightly in the following year.

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

1. United States (5.7M tons)
2. Qatar (0.4M tons)
3. United Kingdom (0.1M tons)
4. Trinidad and Tobago (0.1M tons)

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

In 2022, shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by -93.6% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 14,640,224% against the previous year.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses contracted markedly to $3.6M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 595,628%.

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

1. Trinidad and Tobago (2.3K tons)
2. United States (1.6K tons)

Source: IndexBox Market Intelligence Platform