Liquefied Butanes Price in New Zealand - 2023

Liquefied Butanes Price in New Zealand (CIF) - 2022

In 2022, the average liquefied butanes import price amounted to $3,104 per ton, rising by 19% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquefied butanes import price increased by +16.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 51% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,487 per ton), while the price for Australia ($1,320 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquefied Butanes Price in New Zealand (FOB) - 2022

In 2022, the average liquefied butanes export price amounted to $450 per ton, picking up by 4% against the previous year. In general, the export price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2019 an increase of 41%. The export price peaked at $545 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($3,001 per ton), while the average price for exports to Fiji amounted to $449 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+21.0%), while the prices for the other major destinations experienced a decline.

Liquefied Butanes Imports in New Zealand

In 2022, purchases abroad of liquefied butaneses decreased by -14.6% to 370 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% 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 -16.5% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 81%. As a result, imports reached the peak of 444 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, liquefied butanes imports expanded slightly to $1.1M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Liquefied Butanes in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	477	563	975	890	23.1%
China	60.5	43.0	64.4	114	23.5%
Australia	77.9	251	74.7	93.0	6.1%
Others	34.9	33.9	17.6	51.6	13.9%
Total	650	891	1,132	1,149	20.9%

Top Suppliers of Liquefied Butanes to New Zealand in 2022:

South Korea (259.6 tons)
Australia (70.4 tons)
China (32.7 tons)

Liquefied Butanes Exports in New Zealand

For the fourth year in a row, New Zealand recorded growth in shipments abroad of liquefied butaneses, which increased by 59% to 3.7K tons in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, liquefied butanes exports skyrocketed to $1.7M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.