Price for Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas in Turkey - 2022

Contents:

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

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses amounted to $566 per ton, rising by 75% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 79%. The import price peaked at $628 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Nigeria ($10,296 per ton), while the price for Iran ($359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+22.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses into Turkey contracted remarkably to 6.9M tons in 2022, which is down by -56.3% against the previous year. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 579% against the previous year. As a result, imports attained the peak of 16M tons, and then declined notably in the following year.

In value terms, imports of petroleum gases and other gaseous hydrocarbons; liquefied, natural gasses shrank significantly to $3.9B in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 425%. As a result, imports reached the peak of $5.1B, and then declined sharply in the following year.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons; Liquefied, Natural Gas to Turkey in 2022:

1. Iran (3.9M tons)
2. Algeria (1.2M tons)
3. United States (0.9M tons)
4. Qatar (0.7M tons)

Source: IndexBox Market Intelligence Platform