Liquefied Butanes Price in Tanzania - 2022

Contents:

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

Liquefied Butanes Price in Tanzania (CIF) - 2022

The average liquefied butanes import price stood at $195 per ton in 2022, with a decrease of -21.2% against the previous year. In general, the import price faced a abrupt descent. The growth pace was the most rapid in 2020 an increase of 17% against the previous year. Over the period under review, average import prices reached the peak figure at $1,356 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Bahrain ($312 per ton), while the price for Australia ($112 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-14.6%).

Liquefied Butanes Price in Tanzania (FOB) - 2022

In December 2021, the average liquefied butanes export price amounted to $1,438 per ton, picking up by 109% against the previous month. Overall, the export price continues to indicate a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Burundi ($1,921 per ton), while the average price for exports to Rwanda totaled $990 per ton.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Liquefied Butanes Imports in Tanzania

In 2022, overseas purchases of liquefied butaneses were finally on the rise to reach 1.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a precipitous slump.

In value terms, liquefied butanes imports shrank sharply to $277 in 2022. Overall, imports, however, recorded a dramatic decline. The smallest decline of -18.6% was in 2020.

Top Suppliers of Liquefied Butanes to Tanzania in 2022:

1. Switzerland (1043.0 kg)
2. Bahrain (189.0 kg)
3. Chile (93.0 kg)
4. Australia (92.0 kg)

Liquefied Butanes Exports in Tanzania

In 2022, after two years of decline, there was significant growth in shipments abroad of liquefied butaneses, when their volume increased by 311% to 33K tons. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes exports surged to $22M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Liquefied Butanes from Tanzania in 2022:

1. Madagascar (24.2K tons)
2. Rwanda (3.0K tons)
3. Uganda (2.7K tons)
4. Democratic Republic of the Congo (0.7K tons)
5. Zambia (0.6K tons)
6. Burundi (0.6K tons)
7. Kenya (0.3K tons)

Source: IndexBox Market Intelligence Platform