Price for Petroleum Gases and Other Gaseous Hydrocarbons in Qatar - 2023
Contents:
- Price for Petroleum Gases and Other Gaseous Hydrocarbons in Qatar (FOB) - 2022
- Price for Petroleum Gases and Other Gaseous Hydrocarbons in Qatar (CIF) - 2022
- Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Qatar
- Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Qatar
Price for Petroleum Gases and Other Gaseous Hydrocarbons in Qatar (FOB) - 2022
In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $545 per ton, surging by 7.1% against the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 55%. The export price peaked at $769 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($880 per ton), while the average price for exports to France ($83 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 Poland (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Petroleum Gases and Other Gaseous Hydrocarbons in Qatar (CIF) - 2022
In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $3,110 per ton, with an increase of 12% against the previous year. Overall, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 76% against the previous year. Over the period under review, average import prices reached the peak figure at $13,456 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21,181 per ton), while the price for Oman ($973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Qatar
In 2022, the amount of petroleum gases and other gaseous hydrocarbonses exported from Qatar skyrocketed to 157M tons, jumping by 49% compared with the previous year's figure. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2020 indices. As a result, the exports reached 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 $85.4B in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 69%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Petroleum Gases and Other Gaseous Hydrocarbons in Qatar (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 4.5 | 7.8 | 12.5 | 24.4% |
| South Korea | 9.7 | 6.0 | 9.6 | 12.0 | 7.4% |
| India | 6.9 | 5.6 | 8.9 | 11.5 | 18.6% |
| United Kingdom | 1.5 | 0.9 | 2.8 | 8.4 | 77.6% |
| Belgium | 0.7 | 0.1 | 0.3 | 7.0 | 115.4% |
| Italy | 1.3 | 0.9 | 2.3 | 6.2 | 68.3% |
| Pakistan | 1.8 | 1.2 | 2.4 | 3.7 | 27.1% |
| United Arab Emirates | 0.9 | 0.9 | 2.3 | 3.5 | 57.3% |
| France | 0.3 | 0.2 | 0.5 | 3.0 | 115.4% |
| Japan | 6.3 | 4.0 | 4.8 | 2.7 | -24.6% |
| Taiwan (Chinese) | 1.7 | 1.4 | 1.6 | 2.3 | 10.6% |
| Poland | 0.7 | 0.5 | 1.0 | 2.3 | 48.7% |
| Thailand | 1.2 | 0.9 | 1.3 | 2.1 | 20.5% |
| Others | 5.6 | 4.5 | 7.8 | 8.1 | 13.1% |
| Total | 45.1 | 31.6 | 53.4 | 85.4 | 23.7% |
Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Qatar in 2022:
- France (36.2M tons)
- China (17.0M tons)
- India (14.7M tons)
- South Korea (13.7M tons)
- Italy (13.2M tons)
- United Kingdom (12.3M tons)
- Belgium (11.9M tons)
- Pakistan (5.4M tons)
- Taiwan (Chinese) (4.8M tons)
- Thailand (4.6M tons)
- United Arab Emirates (4.2M tons)
- Poland (3.5M tons)
- Japan (3.5M tons)
Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Qatar
In 2022, imports of petroleum gases and other gaseous hydrocarbonses into Qatar skyrocketed to 190 tons, jumping by 85% compared with the previous year's figure. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 186% against the previous year. As a result, imports attained the peak of 262 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $592K in 2022. In general, imports enjoyed a buoyant increase.
| Import of Petroleum Gases and Other Gaseous Hydrocarbons in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 164 | 303 | 32.5 | 282 | 19.8% |
| Oman | 58.2 | 143 | 55.5 | 109 | 23.3% |
| China | 34.1 | N/A | N/A | 85.3 | 35.7% |
| South Korea | 68.8 | 124 | 57.9 | 72.7 | 1.9% |
| United States | 54.8 | 22.5 | 15.0 | 21.6 | -26.7% |
| Others | 39.5 | 115 | 125 | 20.9 | -19.1% |
| Total | 420 | 707 | 286 | 592 | 12.1% |
Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Qatar in 2022:
- Oman (112.3 tons)
- South Korea (45.1 tons)
- Netherlands (14.9 tons)
- China (8.6 tons)
- United States (8.4 tons)
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