Liquefied Propane Price in Greece - 2023

Contents:

1. Liquefied Propane Price in Greece (CIF) - 2022
2. Liquefied Propane Price in Greece (FOB) - 2022
3. Liquefied Propane Imports in Greece
4. Liquefied Propane Exports in Greece

Liquefied Propane Price in Greece (CIF) - 2022

The average liquefied propane import price stood at $928 per ton in 2022, picking up by 18% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 62% against the previous year. The import price peaked at $966 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,297 per ton), while the price for Tunisia ($830 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquefied Propane Price in Greece (FOB) - 2022

In 2022, the average liquefied propane export price amounted to $295 per ton, dropping by -45.2% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 508%. As a result, the export price attained the peak level of $2,662 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($894 per ton), while the average price for exports to Albania totaled $222 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+4.8%), while the prices for the other major destinations experienced a decline.

Liquefied Propane Imports in Greece

In 2022, supplies from abroad of liquefied propanes increased by 167% to 91K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, liquefied propane imports skyrocketed to $85M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquefied Propane to Greece in 2022:

1. Algeria (29.1K tons)
2. United States (13.8K tons)
3. Italy (10.6K tons)
4. Egypt (10.2K tons)
5. Netherlands (6.6K tons)
6. Tunisia (5.2K tons)
7. Kazakhstan (4.2K tons)
8. Turkey (3.9K tons)
9. Albania (1.5K tons)

Liquefied Propane Exports in Greece

In 2022, the amount of liquefied propanes exported from Greece skyrocketed to 6.7K tons, jumping by 15% on the previous year. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 4,947%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, liquefied propane exports declined markedly to $2M in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 2,986% against the previous year. As a result, the exports reached the peak of $3.1M, and then declined dramatically in the following year.

Top Export Markets for Liquefied Propane from Greece in 2022:

1. Albania (6.0K tons)
2. Turkey (0.7K tons)

Source: IndexBox Market Intelligence Platform