Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Libya - 2022
Contents:
- Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Libya (FOB) - 2022
- Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Libya
Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Libya (FOB) - 2022
In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $549 per ton, growing by 3.5% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses increased by +92.3% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 45% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +3.2% per year.
Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Libya
For the third year in a row, Libya recorded decline in shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses, which decreased by -5.9% to 977K tons in 2022. In general, exports continue to indicate a drastic downturn. The smallest decline of -5.9% was in 2021.
In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses shrank to $536M in 2022. Overall, exports showed a perceptible descent.
| Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 581 | 563 | 551 | 536 | -2.7% |
| Others | N/A | 2.3 | N/A | N/A | 0% |
| Total | 581 | 566 | 551 | 536 | -2.7% |
Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas from Libya in 2022:
- Italy (977.1K tons)
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