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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $367 per ton in 2022, which is down by -2.8% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 119% against the previous year. The import price peaked at $1,655 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 Russia ($564 per ton), while the price for Norway ($332 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $953 per ton, increasing by 13% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 an increase of 148%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($959 per ton), while the average price for exports to Latvia stood at $627 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+49.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth year in a row, Lithuania recorded growth in overseas purchases of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses, which increased by 609% to 12M tons in 2022. In general, imports posted significant growth. 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 $4.4B in 2022. Over the period under review, imports showed significant 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 Lithuania in 2022:

1. United States (7.7M tons)
2. Norway (4.2M tons)
3. Russia (0.1M tons)

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

Exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses from Lithuania surged to 26K tons in 2022, rising by 180% compared with 2021. In general, exports, however, continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 when exports increased by 380% against the previous year.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses surged to $25M in 2022. Overall, exports saw buoyant growth. The growth pace was the most rapid in 2021 with an increase of 492%. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Finland (26.0K tons)
2. Latvia (0.5K tons)

Source: IndexBox Market Intelligence Platform