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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $1,980 per ton in 2022, with a decrease of -36.4% against the previous year. Overall, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. The import price peaked at $16,320 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Panama ($1,990 per ton), while the price for the Netherlands ($1,000 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 (-23.9%).

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

In 2022, after two years of decline, there was significant growth in purchases abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses, when their volume increased by 38% to 196 kg. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 reduced to $388 in 2022. Overall, imports, however, saw a abrupt decrease.

Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/AN/AN/A3860%
United States1741604331.0-82.1%
Netherlands4893449.01.0-87.3%
OthersN/AN/AN/AN/A0%
Total663504442388-16.4%

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

  1. Panama (194.0 kg)
  2. United States (1.0 kg)
  3. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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