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

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

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $2,088 per ton in 2022, with an increase of 16% against the previous year. In general, the import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 253%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,082 per ton), while the price for Algeria ($290 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in France (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $2,171 per ton in 2022, surging by 50% against the previous year. In general, the export price posted a strong increase. The pace of growth was the most pronounced in 2018 an increase of 83% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($2,950 per ton), while the average price for exports to Egypt ($273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in France

In 2022, approx. 30M tons of petroleum gases and other gaseous hydrocarbonses were imported into France; rising by 170% against 2021. In general, imports, however, saw a abrupt slump.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $63B in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Petroleum Gases and Other Gaseous Hydrocarbons in France (Billion USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	6.8	3.8	9.7	23.4	51.0%
United States	0.8	0.6	1.8	17.4	179.1%
Russia	1.2	0.6	2.1	5.7	68.1%
Qatar	0.2	0.2	0.4	3.2	152.0%
Algeria	1.3	1.1	1.9	3.1	33.6%
Angola	0.1	N/A	N/A	1.5	146.6%
Norway	0.5	0.2	0.2	1.4	40.9%
Germany	0.9	0.6	2.3	1.3	13.0%
Nigeria	1.0	0.6	0.7	0.6	-15.7%
Trinidad and Tobago	0.1	0.1	N/A	0.4	58.7%
United Kingdom	0.2	0.1	0.4	0.3	14.5%
Others	0.4	0.1	0.6	4.7	127.3%
Total	13.4	8.2	20.2	63.0	67.5%

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to France in 2022:

Algeria (10.5M tons)
Angola (4.9M tons)
Norway (4.3M tons)
Belgium (4.2M tons)
United States (1.6M tons)
Trinidad and Tobago (1.2M tons)
Russia (0.9M tons)
United Kingdom (0.8M tons)
Qatar (0.6M tons)
Germany (0.2M tons)
Nigeria (0.1M tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in France

In 2022, approx. 5.6M tons of petroleum gases and other gaseous hydrocarbonses were exported from France; jumping by 175% on the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $12.2B in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Petroleum Gases and Other Gaseous Hydrocarbons in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1,439	811	769	8,579	81.3%
Spain	980	399	986	1,374	11.9%
Switzerland	176	140	355	1,203	89.8%
Germany	35.7	26.0	42.1	477	137.3%
Tunisia	17.5	25.6	64.0	156	107.3%
Belgium	90.8	52.4	103	96.2	1.9%
Morocco	47.8	75.6	58.7	73.0	15.2%
United Kingdom	41.6	28.9	37.4	30.0	-10.3%
Others	154	113	526	162	1.7%
Total	2,982	1,672	2,943	12,151	59.7%