Liquefied Butanes Price in Lithuania - 2023

Liquefied Butanes Price in Lithuania (FOB) - 2023

In September 2023, the average liquefied butanes export price amounted to $515 per ton, rising by 15% against the previous month. In general, the export price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in November 2022 an increase of 39% m-o-m. As a result, the export price attained the peak level of $1,066 per ton. From December 2022 to September 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In September 2023, the countries with the highest prices were Ukraine ($572 per ton) and Estonia ($542 per ton), while the average price for exports to Latvia ($430 per ton) and Poland ($472 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-1.7%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Price in Lithuania (CIF) - 2023

The average liquefied butanes import price stood at $425 per ton in September 2023, waning by -34.8% against the previous month. Over the period under review, the import price saw a pronounced slump. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 551% m-o-m. As a result, import price attained the peak level of $3,670 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.

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

From September 2022 to September 2023, the rate of growth in terms of prices for Russia amounted to -4.1% per month.

Liquefied Butanes Exports in Lithuania

For the third consecutive year, Lithuania recorded decline in overseas shipments of liquefied butaneses, which decreased by -72.9% to 23K tons in 2022. Overall, exports faced a sharp descent. The smallest decline of -1% was in 2020.

In value terms, liquefied butanes exports reduced remarkably to $15M in 2022. Over the period under review, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year. As a result, the exports attained the peak of $48M, and then contracted dramatically in the following year.

Export of Liquefied Butanes in Lithuania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	26.7	18.6	28.9	7.6	-34.2%
Ukraine	6.1	3.3	10.6	4.0	-13.1%
Latvia	3.3	4.0	5.8	2.2	-12.6%
Estonia	0.1	2.4	1.9	1.2	128.9%
Others	0.3	0.6	0.8	0.3	0.0%
Total	36.5	28.9	48.1	15.4	-25.0%

Top Export Markets for Liquefied Butanes from Lithuania in 2022:

Poland (12.6K tons)
Ukraine (5.6K tons)
Latvia (3.2K tons)
Estonia (1.8K tons)

Liquefied Butanes Imports in Lithuania

In 2022, overseas purchases of liquefied butaneses decreased by -14.5% to 1.2K tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, liquefied butanes imports reduced to $1.2M in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.