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

Contents:

  1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Slovakia (CIF) - 2022
  2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Slovakia (FOB) - 2022
  3. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Slovakia
  4. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Slovakia

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

In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $615 per ton, surging by 5.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($637 per ton), while the price for Ukraine amounted to $201 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.4%).

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

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $451 per ton, reducing by -17.1% against the previous year. In general, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 an increase of 66%. As a result, the export price attained the peak level of $991 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($14,000 per ton), while the average price for exports to Ukraine ($155 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 the UK (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Slovakia

In 2022, imports of petroleum gases and other gaseous hydrocarbonses into Slovakia soared to 5.7M tons, growing by 106% on 2021. In general, imports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 139% against the previous year.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses soared to $3.5B in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 196% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Petroleum Gases and Other Gaseous Hydrocarbons in Slovakia (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.00.51.53.419.3%
UkraineN/AN/A0.10.10.0%
OthersN/AN/AN/A0.10%
Total2.00.51.63.520.5%

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

  1. Russia (5.3M tons)
  2. Ukraine (0.3M tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Slovakia

In 2022, after two years of decline, there was significant growth in shipments abroad of petroleum gases and other gaseous hydrocarbonses, when their volume increased by 38% to 135K tons. Overall, exports, however, faced a dramatic shrinkage.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses rose sharply to $61M in 2022. Over the period under review, exports, however, continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 28%.

Export of Petroleum Gases and Other Gaseous Hydrocarbons in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary68.834.745.144.7-13.4%
Ukraine89.13.54.99.9-51.9%
Czech Republic6.12.23.15.6-2.8%
Others4.01.3N/A0.7-44.1%
Total16841.653.160.8-28.7%

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Slovakia in 2022:

  1. Hungary (63.9K tons)
  2. Ukraine (63.5K tons)
  3. Czech Republic (7.1K tons)

Source: IndexBox Market Intelligence Platform

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