Liquefied Propane Price in Angola - 2022
Contents:
- Liquefied Propane Price in Angola (FOB) - 2022
- Liquefied Propane Price in Angola (CIF) - 2022
- Liquefied Propane Exports in Angola
- Liquefied Propane Imports in Angola
Liquefied Propane Price in Angola (FOB) - 2022
In November 2022, the average liquefied propane export price amounted to $511 per ton, jumping by 23% against the previous month. Overall, the export price, however, continues to indicate a perceptible reduction. The export price peaked at $648 per ton in June 2022; however, from July 2022 to November 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From June 2022 to November 2022, the rate of growth in terms of prices for China amounted to -4.6% per month.
Liquefied Propane Price in Angola (CIF) - 2022
In 2022, the average liquefied propane import price amounted to $572 per ton, growing by 171% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The import price peaked at $3,560 per ton in 2015; however, from 2016 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 the Netherlands ($2,542 per ton), while the price for South Africa ($29 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Liquefied Propane Exports in Angola
In 2022, approx. 725K tons of liquefied propanes were exported from Angola; picking up by 42% against 2021. Overall, exports, however, saw a slight descent.
In value terms, liquefied propane exports expanded slightly to $357M in 2022. Over the period under review, exports, however, continue to indicate a abrupt downturn.
| Export of Liquefied Propane in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.8 | 107 | 63.4 | 243 | 64.3% |
| Spain | 40.8 | 54.5 | 24.8 | 22.9 | -17.5% |
| France | 16.4 | 22.1 | 11.1 | 14.8 | -3.4% |
| South Korea | 32.7 | 38.0 | 16.8 | 14.4 | -23.9% |
| Mexico | 31.1 | 36.3 | 14.4 | 11.6 | -28.0% |
| Taiwan (Chinese) | 13.7 | 21.9 | 12.8 | 10.9 | -7.3% |
| Indonesia | 26.7 | 16.2 | 9.0 | 8.4 | -32.0% |
| Philippines | 7.7 | 10.3 | 4.3 | 7.8 | 0.4% |
| Japan | 13.1 | 7.4 | 8.7 | 7.4 | -17.3% |
| Portugal | 5.5 | 5.7 | 2.0 | 1.5 | -35.2% |
| Others | 198 | 50.8 | 176 | 14.0 | -58.6% |
| Total | 440 | 370 | 343 | 357 | -6.7% |
Top Export Markets for Liquefied Propane from Angola in 2022:
- China (392.2K tons)
- Spain (80.1K tons)
- South Korea (53.1K tons)
- Portugal (53.0K tons)
- Indonesia (29.2K tons)
- Japan (26.6K tons)
- France (25.6K tons)
- Taiwan (Chinese) (23.3K tons)
- Philippines (12.9K tons)
- Mexico (12.8K tons)
Liquefied Propane Imports in Angola
In 2022, approx. 140 tons of liquefied propanes were imported into Angola; waning by -41.5% against 2021. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 486%. As a result, imports attained the peak of 240 tons, and then reduced notably in the following year.
In value terms, liquefied propane imports soared to $80K in 2022. Over the period under review, imports continue to indicate a sharp shrinkage.
| Import of Liquefied Propane in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 111 | 65.5 | 18.7 | 41.7 | -27.8% |
| Belgium | 18.6 | 18.5 | 12.1 | 13.8 | -9.5% |
| Netherlands | 10.4 | 9.4 | 5.6 | 5.8 | -17.7% |
| United States | 8.5 | 5.5 | 3.5 | 3.9 | -22.9% |
| France | 1.0 | 1.0 | 0.3 | 3.5 | 51.8% |
| United Kingdom | 11.1 | 1.8 | 1.4 | 2.9 | -36.1% |
| China | 0.2 | 7.1 | 8.3 | 1.6 | 100.0% |
| Singapore | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
| Others | 1.1 | 0.8 | 0.4 | 6.7 | 82.6% |
| Total | 162 | 110 | 50.6 | 80.3 | -20.9% |
Top Suppliers of Liquefied Propane to Angola in 2022:
- Portugal (88.1 tons)
- France (17.5 tons)
- Belgium (11.4 tons)
- United Kingdom (7.3 tons)
- United States (6.3 tons)
- Singapore (3.0 tons)
- China (2.6 tons)
- Netherlands (2.3 tons)
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