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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $939 per ton in 2022, surging by 52% against the previous year. Over the period under review, the import price posted pronounced growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 70%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($1,054 per ton), while the price for Russia ($510 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 (+36.8%), 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 Greece (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $224 per ton in 2020, falling by -43.8% against the previous year. Overall, the export price faced a abrupt downturn. The export price peaked at $946 per ton in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Bulgaria ($295 per ton), while the average price for exports to Pakistan ($224 per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (-40.3%).

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

In 2022, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Greece skyrocketed to 3.9M tons, growing by 135% against the year before. Over the period under review, imports posted significant growth. 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 skyrocketed to $3.7B in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 276%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States78.31266182,239205.8%
Algeria16367.511739334.1%
Nigeria94.49.7N/A32350.7%
Egypt19.7N/AN/A308150.1%
Russia4.313.8N/A220271.2%
Qatar58.534.517121.6-28.3%
Norway38.76.3N/AN/A-83.7%
Others16.316.3125177121.4%
Total4732741,0323,68298.2%

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

  1. United States (2291.6K tons)
  2. Russia (431.2K tons)
  3. Nigeria (403.3K tons)
  4. Algeria (393.2K tons)
  5. Egypt (292.3K tons)
  6. Qatar (29.3K tons)

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

In 2020, approx. 2.5K tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were exported from Greece; which is down by -96.7% compared with 2019. In general, exports continue to indicate a sharp downturn.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses contracted rapidly to $565K in 2020. Over the period under review, exports saw a precipitous contraction.

Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Greece (Million USD)
COUNTRY20192020CAGR,
2019-2020
PakistanN/A0.50%
Jordan30.60.1-99.7%
BulgariaN/AN/A0%
Others0.2N/A0%
Total30.80.6-98.1%

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

  1. Pakistan (2195.4 tons)
  2. Jordan (241.3 tons)
  3. Bulgaria (49.5 tons)

Source: IndexBox Market Intelligence Platform

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