Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Portugal - 2024
Contents:
- Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Portugal (CIF) - 2022
- Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Portugal
Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Portugal (CIF) - 2022
In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $604 per ton, surging by 47% against the previous year. Overall, the import price continues to indicate a temperate expansion. As a result, import price reached 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 Russia ($826 per ton), while the price for Qatar ($438 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+30.3%), 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 Portugal
In 2022, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Portugal surged to 6.5M tons, jumping by 60% against 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.1% against 2020 indices. 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 surged to $3.9B in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 242 | 210 | 699 | 1,897 | 98.6% |
| Nigeria | 870 | 661 | 618 | 929 | 2.2% |
| Trinidad and Tobago | 15.4 | N/A | 19.9 | 757 | 266.3% |
| Russia | 26.5 | 97.2 | 282 | 138 | 73.3% |
| Qatar | 150 | 70.6 | 50.5 | 22.5 | -46.9% |
| Others | 60.5 | 36.0 | 6.3 | 206 | 50.4% |
| Total | 1,364 | 1,075 | 1,675 | 3,949 | 42.5% |
Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas to Portugal in 2022:
- United States (3.2M tons)
- Nigeria (1.8M tons)
- Trinidad and Tobago (1.3M tons)
- Russia (0.2M tons)
- Qatar (0.1M tons)
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