Liquefied Butanes Price in Algeria - 2022

Liquefied Butanes Price in Algeria (FOB) - 2022

The average liquefied butanes export price stood at $387 per ton in 2022, flattening at the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 58%. Over the period under review, the average export prices attained the maximum at $870 per ton in 2012; however, from 2013 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 Egypt ($679 per ton), while the average price for exports to Sweden ($226 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 Egypt (-2.7%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Price in Algeria (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $738 per ton, jumping by 141% against the previous year. Overall, the import price saw a mild increase. The import price peaked at $1,005 per ton in 2014; however, from 2015 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 Kazakhstan ($306 per ton), while the price for Russia amounted to $148 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-3.8%).

Liquefied Butanes Exports in Algeria

In 2022, approx. 1.6M tons of liquefied butaneses were exported from Algeria; with a decrease of -4.8% compared with the previous year. Over the period under review, exports continue to indicate a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 11%.

In value terms, liquefied butanes exports reduced to $619M in 2022. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year.

Export of Liquefied Butanes in Algeria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	218	179	178	158	-10.2%
Morocco	101	98.1	157	137	10.7%
France	119	82.0	91.3	112	-2.0%
Tunisia	31.7	34.6	43.4	41.5	9.4%
Indonesia	6.9	11.3	22.4	21.9	47.0%
Sweden	25.9	22.1	23.0	21.2	-6.5%
China	34.2	15.1	17.8	16.7	-21.3%
Egypt	106	49.1	21.4	3.1	-69.2%
Others	91.4	90.6	103	108	5.7%
Total	733	582	657	619	-5.5%

Top Export Markets for Liquefied Butanes from Algeria in 2022:

Turkey (529.4K tons)
France (330.0K tons)
Morocco (286.5K tons)
Sweden (94.0K tons)
Tunisia (72.5K tons)
Indonesia (53.1K tons)
China (38.0K tons)
Egypt (4.5K tons)

Liquefied Butanes Imports in Algeria

Liquefied butanes imports into Algeria shrank markedly to 59K tons in 2022, with a decrease of -46% against 2021 figures. Overall, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.8% against the previous year.

In value terms, liquefied butanes imports skyrocketed to $43M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.