Liquefied Propane Price in Bolivia - 2022

Contents:

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

Liquefied Propane Price in Bolivia (FOB) - 2022

In 2022, the average liquefied propane export price amounted to $724 per ton, rising by 90% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +2.3% per year.

Liquefied Propane Price in Bolivia (CIF) - 2022

In 2022, the average liquefied propane import price amounted to $25,928 per ton, jumping by 44% against the previous year. Overall, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 1,274%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -16.9% per year.

Liquefied Propane Exports in Bolivia

Liquefied propane exports from Bolivia fell markedly to 31K tons in 2022, waning by -22.6% on 2021 figures. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year.

In value terms, liquefied propane exports skyrocketed to $22M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Liquefied Propane in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru18.312.315.313.8-9.0%
OthersN/AN/AN/A8.70%
Total18.312.315.322.57.1%

Top Export Markets for Liquefied Propane from Bolivia in 2022:

  1. Peru (36.8K tons)

Liquefied Propane Imports in Bolivia

For the third year in a row, Bolivia recorded decline in purchases abroad of liquefied propanes, which decreased by -20% to 3.7 tons in 2022. In general, imports continue to indicate a precipitous curtailment. The smallest decline of -20% was in 2021.

In value terms, liquefied propane imports skyrocketed to $96K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 increased by +53.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 15%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Liquefied Propane in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.32.93.53.62.9%
ChileN/A0.5N/AN/A0%
BrazilN/A0.3N/AN/A0%
Others59.368.479.792.415.9%
Total62.572.183.296.015.4%

Top Suppliers of Liquefied Propane to Bolivia in 2022:

  1. United States (19.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Petroleum gases and other gaseous hydrocarbons; liquefied, propane - Bolivia