Chart 1: U.S. NGL exports reach record in 2022
Europe imports get off a strong start in 2023
Chart 2: European NGL imports from the U.S. surge
Mont Belvieu makes further gains as a global futures benchmark
Chart 3. Ethane, Normal Butane, Natural Gasoline, and Propane Futures Volume and Open Interest
Feedstock switching boosts European derivatives
Chart 4: European Propane derivatives increase 13% year on year
Deferred contract volumes increase
Chart 5: EU propane liquidity extends down the curve
U.S. NGL production and demand increases
Chart 6: U.S. NGL field production breaks record in 2022
Europe replaces Russian NGL imports with U.S. cargoes
Petrochemical demand sees LPG head to Europe
Chart 7: European LPG imports increase as demand firms