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

Contents:

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

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

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $855 per ton in 2022, declining by -7.1% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2021 when the average export price increased by 42%. Over the period under review, the average export prices attained the peak figure at $2,272 per ton in 2017; however, from 2018 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 Belgium ($1,645 per ton), while the average price for exports to Taiwan (Chinese) ($418 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 Netherlands (+80.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $4,510 per ton in 2022, reducing by -8.7% against the previous year. Overall, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 56% against the previous year. As a result, import price reached the peak level of $9,886 per ton. From 2019 to 2022, the average 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 United States ($7,914 per ton), while the price for the United Arab Emirates ($510 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+20.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by -20.2% to 396K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 45% against the previous year. As a result, the exports attained the peak of 699K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses shrank rapidly to $339M in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 1.1% against the previous year.

Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A9.786.4790.7%
Spain20.951.059.569.149.0%
BelgiumN/AN/AN/A43.70%
India15212663.342.1-34.8%
France35.773.472.040.34.1%
South KoreaN/A57.258.030.8-26.6%
China16310313818.5-51.6%
Taiwan (Chinese)22.633.823.36.8-33.0%
Others52.26.733.01.1-72.4%
Total447452457339-8.8%

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

  1. Spain (103.7K tons)
  2. India (71.1K tons)
  3. Netherlands (64.2K tons)
  4. South Korea (39.4K tons)
  5. France (37.9K tons)
  6. China (36.2K tons)
  7. Belgium (26.6K tons)
  8. Taiwan (Chinese) (16.2K tons)

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

In 2022, approx. 1.5 tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were imported into Cameroon; rising by 1,352% compared with 2021 figures. Over the period under review, imports showed 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 skyrocketed to $6.7K in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2743474235,716175.3%
United Kingdom35.035.034.0365118.5%
United States19.021.023.0277144.3%
Nigeria8.010.014.0192188.4%
United Arab Emirates7.08.010.0130164.8%
OthersN/AN/AN/AN/A0%
Total3434215046,680169.0%

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

  1. France (1046.0 kg)
  2. United Arab Emirates (255.0 kg)
  3. United Kingdom (85.0 kg)
  4. Nigeria (60.0 kg)
  5. United States (35.0 kg)

Source: IndexBox Market Intelligence Platform

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