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

Contents:

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

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $297 per ton, shrinking by -4.4% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 11% against the previous year. As a result, import price attained the peak level of $812 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($300 per ton) and Norway ($295 per ton), while the price for Qatar ($257 per ton) and Angola ($295 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-2.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $348 per ton, approximately reflecting the previous year. Overall, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 33%. Over the period under review, the average export prices hit record highs at $673 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($242 per ton), while the average price for exports to Switzerland ($182 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 China (-1.2%), while the prices for the other major destinations experienced a decline.

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

Imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into France surged to 113M tons in 2022, increasing by 447% against the previous year. Overall, imports showed a significant increase. 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 $33.4B in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (55.6M tons)
2. Russia (19.2M tons)
3. Qatar (12.6M tons)
4. Algeria (8.6M tons)
5. Angola (5.1M tons)
6. Norway (4.2M tons)
7. Egypt (2.8M tons)
8. Nigeria (2.1M tons)

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

In 2022, the amount of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses exported from France declined remarkably to 245K tons, falling by -82.9% compared with the previous year. In general, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 507% against the previous year. As a result, the exports reached the peak of 1.4M tons, and then plummeted in the following year.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses declined remarkably to $85M in 2022. Overall, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 507%. As a result, the exports reached the peak of $497M, and then declined dramatically in the following year.

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

1. Italy (231.2K tons)
2. Switzerland (13.3K tons)

Source: IndexBox Market Intelligence Platform