Liquefied Propane Price in the Czech Republic - 2023

Contents:

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

Liquefied Propane Price in the Czech Republic (CIF) - 2022

In 2022, the average liquefied propane import price amounted to $837 per ton, surging by 8.2% against the previous year. Overall, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 64% against the previous year. The import price peaked at $923 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($933 per ton) and Austria ($916 per ton), while the price for Germany ($694 per ton) and Russia ($696 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquefied Propane Price in the Czech Republic (FOB) - 2022

The average liquefied propane export price stood at $780 per ton in 2022, shrinking by -1.9% against the previous year. In general, the export price saw a slight curtailment. The pace of growth was the most pronounced in 2021 an increase of 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $947 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovakia ($818 per ton) and Germany ($813 per ton), while the average price for exports to Poland ($704 per ton) and Austria ($747 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+38.4%), while the prices for the other major destinations experienced a decline.

Liquefied Propane Imports in the Czech Republic

In 2022, liquefied propane imports into the Czech Republic surged to 91K tons, increasing by 20% compared with 2021 figures. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquefied propane imports skyrocketed to $76M in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Liquefied Propane in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium8.97.116.719.329.4%
Poland11.53.85.616.412.6%
Germany3.36.211.614.463.4%
Netherlands3.15.74.25.923.9%
Russia9.13.21.64.1-23.3%
Kazakhstan5.34.110.00.6-51.6%
Austria1.30.70.70.3-38.7%
Others0.17.88.515.4436.0%
Total42.638.659.076.521.5%

Top Suppliers of Liquefied Propane to the Czech Republic in 2022:

  1. Belgium (22.8K tons)
  2. Germany (20.8K tons)
  3. Poland (17.6K tons)
  4. Netherlands (6.9K tons)
  5. Russia (5.9K tons)
  6. Kazakhstan (0.7K tons)
  7. Austria (0.3K tons)

Liquefied Propane Exports in the Czech Republic

In 2022, exports of liquefied propanes from the Czech Republic surged to 20K tons, rising by 42% compared with 2021 figures. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 49%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, liquefied propane exports soared to $16M in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 75%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Liquefied Propane in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia3.24.76.76.727.9%
Poland0.90.32.63.861.6%
UkraineN/AN/AN/A2.90%
Austria1.81.31.82.03.6%
Others0.30.30.20.30.0%
Total6.16.511.315.737.0%

Top Export Markets for Liquefied Propane from the Czech Republic in 2022:

  1. Slovakia (8.2K tons)
  2. Poland (5.4K tons)
  3. Ukraine (3.5K tons)
  4. Austria (2.7K tons)

Source: IndexBox Market Intelligence Platform

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