Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Pakistan - 2023
Contents:
- Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Pakistan (CIF) - 2022
- Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Pakistan
Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Pakistan (CIF) - 2022
The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $1,004 per ton in 2022, rising by 59% against the previous year. Over the period under review, the import price posted buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 ($1,212 per ton), while the price for Angola ($279 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Pakistan
In 2022, approx. 4.5M tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were imported into Pakistan; which is down by -29% against the previous year's figure. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year.
In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $4.5B in 2022. Overall, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 92%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 2,007 | 1,287 | 2,799 | 3,693 | 22.5% |
| Nigeria | 274 | 104 | 65.9 | 157 | -16.9% |
| United Arab Emirates | 132 | 79.0 | 136 | 129 | -0.8% |
| United States | 154 | 147 | 158 | 119 | -8.2% |
| Egypt | 154 | 124 | 445 | 87.9 | -17.0% |
| Algeria | 87.8 | 62.2 | 80.6 | 73.6 | -5.7% |
| Oman | 95.4 | 57.2 | 9.4 | 52.8 | -17.9% |
| Netherlands | 62.8 | 56.1 | 61.3 | 52.1 | -6.0% |
| Angola | 18.5 | 10.9 | 32.2 | 43.4 | 32.9% |
| Others | 280 | 152 | 214 | 116 | -25.5% |
| Total | 3,265 | 2,079 | 4,001 | 4,523 | 11.5% |
Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas to Pakistan in 2022:
- Qatar (3046.8K tons)
- United Arab Emirates (267.1K tons)
- United States (213.4K tons)
- Egypt (155.8K tons)
- Angola (155.6K tons)
- Oman (151.9K tons)
- Algeria (136.5K tons)
- Nigeria (129.7K tons)
- Netherlands (90.0K tons)
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