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

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $805 per ton, growing by 31% against the previous year. Over the period under review, the import price continues to indicate a notable increase. The most prominent rate of growth was recorded in 2020 an increase of 57% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($855 per ton) and the Netherlands ($833 per ton), while the price for the United States ($687 per ton) and Norway ($692 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $865 per ton in 2022, jumping by 25% against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 111%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($1,208 per ton), while the average price for exports to Hungary ($696 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 Poland (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Germany

Imports of petroleum gases and other gaseous hydrocarbonses into Germany contracted to 2.1M tons in 2022, waning by -12.6% on 2021 figures. Overall, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses stood at $1.7B in 2022. Over the period under review, imports showed a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 91%.

Import of Petroleum Gases and Other Gaseous Hydrocarbons in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	323	241	494	533	18.2%
Belgium	287	273	536	529	22.6%
United States	12.0	34.8	115	281	186.1%
Norway	20.9	17.2	41.2	68.3	48.4%
Poland	3.8	28.8	53.6	61.0	152.3%
Romania	69.3	54.7	77.6	55.3	-7.2%
United Kingdom	23.1	22.7	4.0	47.9	27.5%
Austria	36.3	26.6	59.0	46.0	8.2%
Russia	112	47.3	66.8	12.3	-52.1%
Others	30,478	37.2	53.2	84.0	-86.0%
Total	31,365	784	1,500	1,718	-62.0%

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

Belgium (642.0K tons)
Netherlands (640.4K tons)
United States (409.0K tons)
Norway (98.7K tons)
Poland (71.4K tons)
United Kingdom (68.2K tons)
Austria (60.2K tons)
Romania (46.1K tons)
Russia (17.6K tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Germany

In 2022, approx. 433K tons of petroleum gases and other gaseous hydrocarbonses were exported from Germany; rising by 13% compared with the previous year's figure. Overall, exports, however, recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 34%.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses surged to $375M in 2022. In general, exports, however, showed a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 81% against the previous year.

Export of Petroleum Gases and Other Gaseous Hydrocarbons in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	45.2	29.3	56.1	50.7	3.9%
Poland	11.5	12.1	21.0	46.2	59.0%
Netherlands	32.3	23.2	32.1	42.7	9.8%
Hungary	11.9	10.7	36.4	39.2	48.8%
Czech Republic	9.9	11.6	24.3	32.7	48.9%
Austria	17.0	9.6	14.2	30.6	21.6%
Italy	8.0	5.7	11.5	27.9	51.6%
France	18.4	13.0	19.3	18.8	0.7%
Bulgaria	0.6	0.7	0.7	17.0	204.9%
Switzerland	12.0	6.3	15.5	9.9	-6.2%
Others	13,360	24.3	34.4	58.9	-83.6%
Total	13,527	147	265	375	-69.7%