Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK - 2024
Contents:
- Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK (CIF) - 2022
- Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK (FOB) - 2022
- Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK
- Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK
Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK (CIF) - 2022
The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $499 per ton in 2022, increasing by 67% against the previous year. Overall, the import price continues to indicate a slight expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Russia ($1,521 per ton), while the price for Qatar ($292 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+55.7%), 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 the UK (FOB) - 2022
In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $1,418 per ton, with an increase of 53% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 111% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,469 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +67.3% per year.
Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK
In 2022, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into the UK skyrocketed to 58M tons, rising by 211% against the previous year. In general, imports continue to indicate 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 skyrocketed to $28.8B in 2022. Overall, imports posted a significant expansion. 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 the UK (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | 0.6 | 1.3 | 13.6 | 224.0% |
| Qatar | 1.4 | 0.7 | 2.2 | 8.4 | 81.7% |
| Peru | 0.1 | N/A | 0.3 | 3.1 | 214.1% |
| Angola | N/A | N/A | N/A | 0.9 | 0% |
| Algeria | 0.2 | N/A | 0.4 | 0.7 | 51.8% |
| Nigeria | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Russia | 0.3 | 0.5 | 1.2 | 0.5 | 18.6% |
| Trinidad and Tobago | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Others | 0.4 | 0.2 | N/A | 0.6 | 14.5% |
| Total | 2.9 | 2.3 | 5.5 | 28.8 | 114.9% |
Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas to the UK in 2022:
- Qatar (28.7M tons)
- United States (20.5M tons)
- Peru (2.8M tons)
- Nigeria (1.4M tons)
- Algeria (1.2M tons)
- Angola (1.1M tons)
- Trinidad and Tobago (0.7M tons)
- Russia (0.3M tons)
Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK
In 2022, approx. 16 tons of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses were exported from the UK; falling by -57.4% compared with the year before. In general, exports recorded a sharp setback.
In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses declined notably to $22K in 2022. Over the period under review, exports faced a dramatic descent.
| Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Poland | 188 | 4.6 | N/A | N/A | -97.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 189 | 4.6 | N/A | N/A | -97.6% |
Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas from the UK in 2022:
- Netherlands (15.8 tons)
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