Price for Petroleum Gases and Other Gaseous Hydrocarbons in Uzbekistan - 2023

Contents:

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

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $395 per ton, therefore, remained relatively stable against the previous year. In general, export price indicated a resilient increase from 2017 to 2022: its price increased at an average annual rate of +5.5% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for petroleum gases and other gaseous hydrocarbonses decreased by -23.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 72% against the previous year. As a result, the export price reached the peak level of $515 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($645 per ton), while the average price for exports to China ($384 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+22.5%), while the prices for the other major destinations experienced a decline.

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

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $1,357 per ton in 2022, increasing by 14% against the previous year. Overall, the import price, however, showed a sharp slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 269%. The import price peaked at $89,107 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkmenistan.

From 2017 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -68.8% per year.

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Uzbekistan

In 2022, approx. 2.3M tons of petroleum gases and other gaseous hydrocarbonses were exported from Uzbekistan; growing by 27% compared with the previous year's figure. Overall, exports, however, saw a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 62%.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses soared to $925M in 2022. Over the period under review, exports, however, recorded a significant curtailment.

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

1. China (2209.8K tons)
2. Afghanistan (54.2K tons)
3. Tajikistan (43.7K tons)

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in supplies from abroad of petroleum gases and other gaseous hydrocarbonses, which increased by 59% to 208K tons in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 14,081% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $282M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 23,751% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

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

1. Turkmenistan (207.1K tons)

Source: IndexBox Market Intelligence Platform