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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $390 per ton in 2022, increasing by 17% against the previous year. Overall, the import price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $732 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($3,901 per ton), while the price for Peru ($33 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses imported into Mexico contracted sharply to 258K tons, waning by -26.5% against the previous year's figure. Over the period under review, imports faced a dramatic descent.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses contracted to $101M in 2022. Overall, imports showed a dramatic shrinkage.

Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia14.447.019.739.039.4%
United States51715954.335.4-59.1%
Egypt23.520.816.313.0-17.9%
Qatar10.78.56.04.3-26.2%
Nigeria93.29.86.03.8-65.6%
Norway4.02.91.91.3-31.2%
Trinidad and Tobago16.41.46.81.0-60.6%
Peru3.21.81.10.7-39.7%
Others5.62.34.82.3-25.7%
Total688254117101-47.2%

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

  1. Indonesia (98.7K tons)
  2. United States (82.3K tons)
  3. Norway (19.8K tons)
  4. Peru (19.7K tons)
  5. Qatar (19.0K tons)
  6. Egypt (9.8K tons)
  7. Trinidad and Tobago (3.0K tons)
  8. Nigeria (1.0K tons)

Source: IndexBox Market Intelligence Platform

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