Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Panama - 2022

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $384 per ton in 2022, with a decrease of -24.8% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of 88%. As a result, import price attained the peak level of $511 per ton, and then shrank dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($384 per ton), while the price for the Dominican Republic totaled $384 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.1%).

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

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $662 per ton in 2022, standing approx. at the previous year. In general, the export price showed a slight descent. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $726 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

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

In 2022, supplies from abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses was finally on the rise to reach 356K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a resilient increase. 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 soared to $137M in 2022. Over the period under review, imports recorded a resilient expansion. As a result, imports reached 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 Panama in 2022:

1. United States (307.3K tons)
2. Dominican Republic (48.9K tons)

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

In 2022, overseas shipments of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by 0% to 123 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $82K in 2022. Over the period under review, exports faced a precipitous descent. The smallest decline of 99.9% was in 2020.

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

1. Ecuador (123.3 tons)

Source: IndexBox Market Intelligence Platform