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

Contents:

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

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

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $603 per ton in 2022, with an increase of 46% against the previous year. Over the period under review, the export price, however, saw a mild decrease. Over the period under review, the average export prices hit record highs at $730 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($670 per ton), while the average price for exports to Mexico ($223 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 (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $1,188 per ton in 2022, with an increase of 64% against the previous year. In general, the import price recorded a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Egypt ($5,390 per ton), while the price for Qatar ($576 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+71.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third consecutive year, Indonesia recorded decline in overseas shipments of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses, which decreased by -0.8% to 11M tons in 2022. Over the period under review, exports showed a perceptible setback.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses soared to $6.7B in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. China (3.2M tons)
2. South Korea (3.2M tons)
3. Japan (2.5M tons)
4. Taiwan (Chinese) (1.2M tons)
5. Mexico (0.5M tons)

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

Imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Indonesia reduced rapidly to 321K tons in 2022, with a decrease of -36.1% compared with the year before. Overall, imports recorded a dramatic downturn. The smallest decline of -21.4% was in 2020.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses totaled $381M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. 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 Indonesia in 2022:

1. Qatar (257.4K tons)
2. Egypt (31.6K tons)
3. United States (18.6K tons)
4. Angola (12.9K tons)

Source: IndexBox Market Intelligence Platform