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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $786 per ton in 2022, rising by 58% against the previous year. Overall, the import price recorded a tangible expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 70% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,215 per ton), while the price for Angola ($313 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Equatorial Guinea (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $925 per ton, jumping by 21% against the previous year. Over the period under review, the export price enjoyed a perceptible increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 118% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($2,173 per ton), while the average price for exports to Belgium ($136 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 the Netherlands (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses imported into Spain surged to 29M tons, picking up by 79% compared with the previous year's figure. In general, imports saw a significant expansion. 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 $22.5B in 2022. Overall, imports showed a significant increase. As a result, imports attained 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 Spain in 2022:

1. United States (7.8M tons)
2. Russia (6.9M tons)
3. Nigeria (3.6M tons)
4. Egypt (3.3M tons)
5. Angola (1.2M tons)
6. Algeria (1.1M tons)
7. Trinidad and Tobago (1.1M tons)
8. Equatorial Guinea (1.0M tons)
9. Qatar (0.9M tons)
10. Cameroon (0.5M tons)

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

In 2022, approx. 1.6M tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were exported from Spain; with an increase of 77% against the previous year. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 395% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses surged to $1.5B in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 976% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Italy (629.1K tons)
2. United States (453.7K tons)
3. France (96.5K tons)
4. Netherlands (83.9K tons)
5. Gibraltar (77.5K tons)
6. Belgium (59.0K tons)
7. Turkey (51.4K tons)
8. China (26.1K tons)
9. United Kingdom (25.1K tons)

Source: IndexBox Market Intelligence Platform