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

Contents:

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

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

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $750 per ton in 2022, reducing by -48.4% against the previous year. Overall, the export price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of 748%. As a result, the export price attained the peak level of $1,453 per ton, and then contracted remarkably in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($749 per ton), while the average price for exports to Estonia stood at $749 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+112.4%).

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $668 per ton, which is down by -42.9% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 73% against the previous year. The import price peaked at $1,353 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($696 per ton), while the price for Lithuania totaled $354 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses from Latvia dropped to 5.6K tons, with a decrease of -14.2% compared with 2021. Over the period under review, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 162% against the previous year.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses reduced notably to $4.2M in 2022. In general, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 2,124%.

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

1. Lithuania (4.5K tons)
2. Estonia (1.1K tons)

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

In 2022, approx. 2.9K tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were imported into Latvia; which is down by -73.5% on the year before. In general, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 299% against the previous year.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses reduced markedly to $1.9M in 2022. Over the period under review, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 590%. As a result, imports reached the peak of $13M, and then declined dramatically in the following year.

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

1. Estonia (2.7K tons)
2. Lithuania (0.2K tons)

Source: IndexBox Market Intelligence Platform