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

Contents:

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

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $336 per ton, which is down by -2.1% against the previous year. In general, the export price showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 101% against the previous year. The export price peaked at $569 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($1,023 per ton), while the average price for exports to Lithuania ($273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $802 per ton, rising by 65% against the previous year. Over the period under review, the import price continues to indicate a mild expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($1,263 per ton), while the price for Spain ($103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+75.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses increased by 4,394% to 9.9M tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses soared to $3.3B in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Lithuania (4075.1K tons)
2. France (3808.9K tons)
3. Greece (455.4K tons)
4. Italy (391.3K tons)
5. Belgium (314.2K tons)
6. Netherlands (267.5K tons)
7. Sweden (225.7K tons)
8. Spain (221.5K tons)
9. United Kingdom (103.9K tons)

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

After two years of growth, purchases abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by -45.7% to 64K tons in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 378%. As a result, imports attained the peak of 118K tons, and then contracted markedly in the following year.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses shrank to $51M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 582%. As a result, imports attained the peak of $57M, and then reduced in the following year.

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

1. Russia (31.7K tons)
2. Netherlands (14.2K tons)
3. Sweden (12.4K tons)
4. Belgium (2.7K tons)
5. Spain (1.8K tons)
6. Finland (1.3K tons)

Source: IndexBox Market Intelligence Platform