Price for Petroleum Gases and Other Gaseous Hydrocarbons in Denmark - 2023

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Denmark (CIF) - 2022

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $358 per ton in 2022, falling by -8.5% against the previous year. Overall, the import price recorded a deep setback. The growth pace was the most rapid in 2018 when the average import price increased by 6.4% against the previous year. The import price peaked at $1,028 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($407 per ton), while the price for Germany stood at $351 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (-8.7%).

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Denmark

For the fourth year in a row, Denmark recorded growth in overseas purchases of petroleum gases and other gaseous hydrocarbonses, which increased by 107% to 5.6M tons in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 226%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses soared to $2B in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 193%. Imports peaked in 2022 and are expected to retain growth in years to come.