Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Hungary - 2023

Contents:

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

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $1,795 per ton, remaining constant against the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 399% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2015 to 2022, the rate of growth in terms of prices for Italy amounted to +255.4% per year.

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $728 per ton, shrinking by -59.4% against the previous year. Over the period under review, the import price recorded a dramatic slump. The import price peaked at $1,792 per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($1,132 per ton), while the price for Italy ($32 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (-41.5%).

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

In 2022, shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by 0% to 270 tons, falling for the second year in a row after two years of growth. Overall, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $485K in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 896% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Italy (270.0 tons)

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

In 2022, approx. 265 kg of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were imported into Hungary; reducing by -93.5% on the year before. Overall, imports continue to indicate a significant contraction.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses fell rapidly to $193 in 2022. In general, imports showed a sharp shrinkage.

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

1. Croatia (167.0 kg)
2. Italy (93.0 kg)
3. Netherlands (5.0 kg)

Source: IndexBox Market Intelligence Platform