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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $599 per ton in 2022, growing by 33% against the previous year. In general, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39%. Over the period under review, average import prices attained the maximum at $668 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Algeria ($655 per ton) and Egypt ($614 per ton), while the price for Qatar ($533 per ton) and the United States ($541 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), 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 Italy (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $704 per ton in 2022, picking up by 109% against the previous year. In general, the export price recorded a moderate increase. The export price peaked at $816 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($743 per ton), while the average price for exports to Luxembourg ($62 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 Germany (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Italy skyrocketed to 24M tons, rising by 231% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached 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 $14.1B in 2022. In general, imports enjoyed a significant increase. 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 Italy in 2022:

1. Qatar (11.0M tons)
2. United States (7.3M tons)
3. Algeria (1.8M tons)
4. Egypt (1.3M tons)
5. Trinidad and Tobago (0.8M tons)

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

In 2022, approx. 1.1M tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were exported from Italy; picking up by 152% against 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses skyrocketed to $780M in 2022. Overall, exports enjoyed a significant increase. 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 Italy in 2022:

1. Germany (1010.1K tons)
2. Bulgaria (40.8K tons)
3. Luxembourg (35.0K tons)

Source: IndexBox Market Intelligence Platform