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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $850 per ton in 2022, growing by 62% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $862 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,051 per ton), while the price for Qatar ($638 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+2.8%), 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 Japan (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $1,182 per ton in 2022, growing by 160% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 435% against the previous year. Over the period under review, the average export prices hit record highs at $2,171 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -5.5% per year.

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

In 2022, supplies from abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses increased by 1.9% to 76M tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a relatively flat trend pattern.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses skyrocketed to $64.3B in 2022. In general, imports enjoyed resilient growth. As a result, imports attained 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 Japan in 2022:

1. Australia (30.5M tons)
2. Malaysia (11.9M tons)
3. Russia (6.8M tons)
4. Qatar (4.8M tons)
5. United States (4.1M tons)
6. Papua New Guinea (3.8M tons)
7. Brunei Darussalam (3.2M tons)

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

In 2022, shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by 99.9% to 15 tons, falling for the second year in a row after two years of growth. Overall, exports saw a perceptible slump. The pace of growth was the most pronounced in 2020 with an increase of 397,201% against the previous year. As a result, the exports reached the peak of 67K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses shrank notably to $18K in 2022. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 57,984% against the previous year.

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

1. Singapore (15.0 tons)

Source: IndexBox Market Intelligence Platform