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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $3,390 per ton in 2022, increasing by 52% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 100% against the previous year. As a result, import price reached the peak level of $5,661 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -3.1% per year.

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

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $589 per ton in 2022, increasing by 9.3% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2013 an increase of 157% against the previous year. As a result, the export price attained the peak level of $1,812 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Samoa.

From 2012 to 2022, the rate of growth in terms of prices for Samoa amounted to -3.1% per year.

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

Imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into New Zealand reduced to 25 tons in 2022, which is down by -14.4% against the previous year. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 5,932%. As a result, imports reached the peak of 29 tons, and then declined in the following year.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses surged to $84K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 5,534%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A63.584.232.6%
Australia2.5N/A1.1N/A-33.7%
Others0.11.1N/AN/A1000.0%
Total2.61.164.684.2218.7%

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

  1. South Korea (24.8 tons)

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

In 2022, the amount of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses exported from New Zealand dropped dramatically to 40 tons, which is down by -94.3% against the year before. In general, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 245% against the previous year.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses declined dramatically to $24K in 2022. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 220%.

Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SamoaN/A0.10.4N/A300.0%
Australia28.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total28.80.10.4N/A-88.2%

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

  1. Samoa (40.3 tons)

Source: IndexBox Market Intelligence Platform

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