Price for Petroleum Gases and Other Gaseous Hydrocarbons in Peru - 2022

Contents:

1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Peru (FOB) - 2022
2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Peru (CIF) - 2022
3. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Peru
4. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Peru

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Peru (FOB) - 2022

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $575 per ton, flattening at the previous year. Over the period under review, the export price, however, recorded a notable expansion. The pace of growth appeared the most rapid in 2019 an increase of 54%. Over the period under review, the average export prices hit record highs at $581 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($1,179 per ton), while the average price for exports to China ($200 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 the Netherlands (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Peru (CIF) - 2022

In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $697 per ton, surging by 3.7% against the previous year. Overall, the import price, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the maximum at $2,829 per ton in 2012; however, from 2013 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 Chile ($742 per ton) and Argentina ($740 per ton), while the price for the United States ($685 per ton) and Bolivia ($724 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Peru

In 2022, overseas shipments of petroleum gases and other gaseous hydrocarbonses were finally on the rise to reach 5.4M tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $3.1B in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Peru in 2022:

1. United Kingdom (1774.3K tons)
2. China (1224.9K tons)
3. South Korea (773.2K tons)
4. Japan (691.2K tons)
5. Spain (675.4K tons)
6. Taiwan (Chinese) (119.9K tons)
7. France (70.6K tons)

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Peru

In 2022, imports of petroleum gases and other gaseous hydrocarbonses into Peru surged to 607K tons, increasing by 18% against 2021 figures. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 488%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $423M in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 436% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Peru in 2022:

1. United States (475.8K tons)
2. Chile (68.2K tons)
3. Argentina (31.4K tons)
4. Bolivia (31.0K tons)

Source: IndexBox Market Intelligence Platform