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

Contents:

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

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $1,373 per ton, picking up by 39% against the previous year. In general, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 805% against the previous year. Over the period under review, average import prices hit record highs at $2,425 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 the UK ($1,777 per ton), while the price for the Czech Republic totaled $568 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-2.9%).

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

Imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Ireland skyrocketed to 835K tons in 2022, picking up by 233% on the previous year. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 230,200%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses surged to $1.1B in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,335,151%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A248987298.0%
Czech RepublicN/AN/AN/A1550%
OthersN/AN/AN/A3.50%
TotalN/AN/A2481,146362.1%

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

  1. United Kingdom (555.6K tons)
  2. Czech Republic (273.5K tons)

Source: IndexBox Market Intelligence Platform

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