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

Contents:

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

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

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $210 per ton in 2022, leveling off at the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 15%. Over the period under review, the average export prices reached the maximum at $216 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($222 per ton), while the average price for exports to Armenia ($153 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 Iraq (+6.6%), while the prices for the other major destinations experienced a decline.

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $33,426 per ton in 2022, jumping by 15% against the previous year. Overall, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2014 an increase of 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($34,421 per ton), while the price for the Netherlands ($23,037 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 Arab Emirates (+19.2%), 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 Iran

In 2022, shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by -0.1% to 12M tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 9,877%. As a result, the exports attained the peak of 12M tons; afterwards, it flattened through to 2022.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses contracted modestly to $2.4B in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 9,739% against the previous year. As a result, the exports attained the peak of $2.4B; afterwards, it flattened through to 2022.

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

1. Turkey (6.0M tons)
2. Iraq (5.5M tons)

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

For the third consecutive year, Iran recorded decline in supplies from abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses, which decreased by -13.3% to 340 kg in 2022. In general, imports recorded a sharp contraction.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses shrank to $11K in 2022. Over the period under review, imports recorded a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by less than 0.1% against the previous year.

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

1. United Arab Emirates (294.0 kg)
2. Netherlands (27.0 kg)
3. Germany (19.0 kg)

Source: IndexBox Market Intelligence Platform