Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Tanzania - 2023

Contents:

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

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

The average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $878 per ton in 2022, picking up by 101% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. Over the period under review, the average export prices hit record highs at $1,621 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($1,108 per ton), while the average price for exports to Malawi ($342 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 Burundi (-4.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses exported from Tanzania contracted sharply to 1.3K tons, falling by -66% compared with the year before. In general, exports saw a dramatic curtailment. The smallest decline of -15.6% was in 2020.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses shrank rapidly to $1.1M in 2022. Over the period under review, exports faced a dramatic downturn. The smallest decline of -31.1% was in 2020.

Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi87.7140412976123.3%
MalawiN/AN/AN/A94.50%
Uganda41422844.643.4-52.8%
Rwanda3,6122,4381,175N/A-43.0%
Others33.751.3N/A0.1-85.6%
Total4,1472,8581,6311,114-35.5%

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

  1. Burundi (880.5 tons)
  2. Malawi (276.1 tons)
  3. Uganda (112.1 tons)

Source: IndexBox Market Intelligence Platform

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