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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $783 per ton in 2022, with an increase of 49% against the previous year. Over the period under review, the import price saw a prominent expansion. The pace of growth appeared the most rapid in 2021 an increase of 58%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($2,206 per ton), while the price for Russia ($555 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+49.0%), 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 Finland (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $1,100 per ton in 2022, increasing by 108% against the previous year. Overall, the export price, however, saw a noticeable reduction. Over the period under review, the average export prices attained the maximum at $1,578 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 France ($3,539 per ton), while the average price for exports to Sweden ($855 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 Norway (+4.6%).

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

For the fourth year in a row, Finland recorded growth in overseas purchases of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses, which increased by 22% to 239K tons in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 66%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses surged to $187M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Russia (187.0K tons)
2. Egypt (15.9K tons)
3. Netherlands (12.2K tons)
4. Norway (10.8K tons)
5. Italy (9.4K tons)
6. Lithuania (4.0K tons)

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

After three years of growth, shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by -81% to 35K tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 266%.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses reduced rapidly to $39M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 145%. As a result, the exports reached the peak of $98M, and then dropped dramatically in the following year.

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

1. Sweden (27.1K tons)
2. Norway (5.9K tons)
3. France (1.8K tons)

Source: IndexBox Market Intelligence Platform