Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States - 2024
Contents:
- Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States (FOB) - 2022
- Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States (CIF) - 2022
- Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States
- Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States
Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States (FOB) - 2022
In 2022, the average export price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $570 per ton, with an increase of 51% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $673 per ton in 2015; however, from 2016 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 the UK ($672 per ton), while the average price for exports to Belgium ($298 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 France (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States (CIF) - 2022
The average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses stood at $686 per ton in 2022, jumping by 52% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64% against the previous year. The import price peaked at $812 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Oman ($708 per ton) and Nigeria ($699 per ton), while the price for Russia ($600 per ton) and Trinidad and Tobago ($689 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States
For the fourth consecutive year, the United States recorded growth in shipments abroad of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses, which increased by 16% to 83M tons in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 78% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses surged to $47.2B in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 105%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.6 | 0.5 | 1.3 | 7.5 | 132.1% |
| United Kingdom | 0.7 | 0.9 | 1.5 | 5.9 | 103.5% |
| Spain | 0.9 | 1.0 | 1.7 | 5.0 | 77.1% |
| Netherlands | 0.5 | 0.4 | 1.2 | 4.5 | 108.0% |
| South Korea | 1.2 | 1.8 | 3.3 | 3.5 | 42.9% |
| Poland | 0.2 | 0.2 | 0.4 | 2.5 | 132.1% |
| Japan | 1.2 | 1.7 | 2.7 | 2.1 | 20.5% |
| Turkey | 0.2 | 0.7 | 1.6 | 2.0 | 115.4% |
| China | 0.1 | 1.2 | 3.6 | 1.4 | 141.0% |
| India | 0.4 | 0.7 | 1.4 | 1.3 | 48.1% |
| Argentina | 0.2 | N/A | 0.6 | 1.1 | 76.5% |
| Greece | 0.1 | 0.3 | 0.3 | 0.9 | 108.0% |
| Belgium | 0.1 | 0.1 | N/A | 0.9 | 108.0% |
| Others | 2.9 | 3.6 | 7.3 | 8.7 | 44.2% |
| Total | 9.2 | 13.2 | 27.0 | 47.2 | 72.5% |
Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas from the United States in 2022:
- France (11.9M tons)
- United Kingdom (8.8M tons)
- Spain (7.8M tons)
- Netherlands (7.0M tons)
- Poland (6.7M tons)
- South Korea (5.2M tons)
- Japan (3.8M tons)
- Turkey (3.4M tons)
- Belgium (3.2M tons)
- Greece (2.6M tons)
- Argentina (2.3M tons)
- India (2.1M tons)
- China (2.1M tons)
Imports of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States
In 2022, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into the United States contracted to 1.8M tons, shrinking by -11.8% against the year before. In general, imports saw a deep downturn. The smallest decline of -1.9% was in 2021.
In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses soared to $1.2B in 2022. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | 864 | 523 | 840 | 1,012 | 5.4% |
| Nigeria | 21.0 | 25.7 | 46.0 | 96.6 | 66.3% |
| Oman | N/A | N/A | N/A | 86.5 | 0% |
| Russia | 52.9 | N/A | N/A | 29.3 | -17.9% |
| Others | 29.3 | 21.9 | 32.2 | 4.7 | -45.7% |
| Total | 967 | 570 | 918 | 1,229 | 8.3% |
Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas to the United States in 2022:
- Trinidad and Tobago (1469.3K tons)
- Nigeria (138.2K tons)
- Oman (122.1K tons)
- Russia (48.8K tons)
363
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in the U.S..
1034
This report provides an in-depth analysis of the market for pottery, ceramics, and plumbing fixture in the U.S..
322
This report provides an in-depth analysis of the market for ph and rh meter in the USA.
2075
This report provides an in-depth analysis of the global market for liquefied petroleum gas (lpg).
428
Global Ph And Rh Meter Market Report 2018. This report provides an in-depth analysis of the global market for ph and rh meter.
363
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in the U.S..
2075
This report provides an in-depth analysis of the global market for liquefied petroleum gas (lpg).
1163
The U.S. is the leader in global imports of pottery, ceramics, and plumbing fixtures, accounting for a X% share (based on USD). It was followed by Germany (X%), the UK (X%), and Japan (X%). In 2015, U.S. imports on the
272
Explore the top import markets for Liquefied Petroleum Gas (LPG) in 2023. Discover key statistics and trends in the global LPG market.
272
Explore the top import markets for Liquefied Petroleum Gas (LPG) in 2023. Discover key statistics and trends in the global LPG market.
