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

Contents:

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

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $474 per ton, shrinking by -10.5% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 16% against the previous year. The import price peaked at $1,047 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($876 per ton), while the price for Argentina ($448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $742 per ton in 2022, surging by 10% against the previous year. In general, the export price, however, recorded a slight slump. Over the period under review, the average export prices reached the maximum at $851 per ton in 2012; however, from 2013 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 Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to -1.4% per year.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Uruguay

In 2022, approx. 216K tons of petroleum gases and other gaseous hydrocarbonses were imported into Uruguay; rising by 61% on the previous year. Overall, imports enjoyed a significant increase. 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 hydrocarbonses soared to $102M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

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

1. Argentina (201.7K tons)
2. Chile (10.0K tons)
3. United States (4.0K tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Uruguay

In 2022, exports of petroleum gases and other gaseous hydrocarbonses from Uruguay declined markedly to 620 tons, waning by -80.1% against 2021 figures. Over the period under review, exports, however, posted a strong increase. The growth pace was the most rapid in 2021 when exports increased by 538%. As a result, the exports attained the peak of 3.1K tons, and then dropped rapidly in the following year.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses dropped dramatically to $460K in 2022. In general, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 568%. As a result, the exports reached the peak of $2.1M, and then declined dramatically in the following year.

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

1. Argentina (620.0 tons)

Source: IndexBox Market Intelligence Platform