Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Kenya - 2023

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $270 per ton in 2022, dropping by -23.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 169%. Over the period under review, average import prices reached the maximum at $1,526 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -15.9% per year.

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

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $710 per ton in 2022, dropping by -13.5% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 1.6% against the previous year. Over the period under review, the average export prices hit record highs at $1,765 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($719 per ton), while the average price for exports to Rwanda amounted to $671 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+23.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Kenya amounted to 66 tons, increasing by 4.2% on 2021 figures. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained 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 declined markedly to $18K in 2022. Over the period under review, imports, however, saw a sharp curtailment.

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

1. Tanzania (66.3 tons)

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

After three years of growth, overseas shipments of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by -86.9% to 16 tons in 2022. Over the period under review, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 65%. As a result, the exports reached the peak of 125 tons, and then reduced notably in the following year.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses contracted notably to $12K in 2022. Overall, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, the exports reached the peak of $102K, and then declined significantly in the following year.

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

1. Uganda (12.9 tons)
2. Rwanda (3.5 tons)

Source: IndexBox Market Intelligence Platform