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

Contents:

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

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

The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $749 per ton in 2022, picking up by 35% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 55% against the previous year. The import price peaked at $874 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Australia ($1,595 per ton), while the price for Malaysia ($488 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+22.7%), 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 Thailand (FOB) - 2022

In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $1,624 per ton, with an increase of 117% against the previous year. Overall, the export price, however, saw a abrupt setback. The growth pace was the most rapid in 2014 when the average export price increased by 401% against the previous year. The export price peaked at $3,774 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to +55.1% per year.

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

Imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Thailand surged to 12M tons in 2022, increasing by 78% on the previous year's figure. In general, imports showed significant growth. As a result, imports attained 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 $9B in 2022. Over the period under review, imports posted 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 Thailand in 2022:

1. Qatar (3.3M tons)
2. Malaysia (2.6M tons)
3. Oman (1.9M tons)
4. Australia (1.2M tons)
5. Brunei Darussalam (0.6M tons)
6. Trinidad and Tobago (0.5M tons)
7. Egypt (0.4M tons)
8. Indonesia (0.4M tons)
9. United States (0.4M tons)
10. Nigeria (0.3M tons)

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

After three years of growth, shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses decreased by -99% to 605 tons in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 364,333%. As a result, the exports reached the peak of 63K tons, and then fell notably in the following year.

In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses declined markedly to $982K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 395,207%. As a result, the exports reached the peak of $47M, and then reduced remarkably in the following year.

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

1. Cambodia (604.5 tons)

Source: IndexBox Market Intelligence Platform