Price for Petroleum Gases and Other Gaseous Hydrocarbons in the Czech Republic - 2023

Contents:

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

Price for Petroleum Gases and Other Gaseous Hydrocarbons in the Czech Republic (CIF) - 2022

In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $879 per ton, growing by 58% against the previous year. Over the period under review, the import price posted tangible growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 116% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($676 per ton), while the price for Russia ($590 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced a decline.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in the Czech Republic (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $1,065 per ton in 2022, rising by 60% against the previous year. Overall, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($1,176 per ton), while the average price for exports to Poland ($681 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 Slovakia (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in the Czech Republic

In 2022, approx. 11M tons of petroleum gases and other gaseous hydrocarbonses were imported into the Czech Republic; picking up by 74% against the previous year. In general, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses soared to $9.9B in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 214%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Petroleum Gases and Other Gaseous Hydrocarbons in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2123519105,296192.3%
Slovakia8.540.8362233201.5%
Russia1,632400515205-49.9%
Others80.83511,8054,139271.4%
Total1,9331,1433,5919,87372.2%

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to the Czech Republic in 2022:

  1. Germany (7.8M tons)
  2. Slovakia (0.4M tons)
  3. Russia (0.3M tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in the Czech Republic

In 2022, overseas shipments of petroleum gases and other gaseous hydrocarbonses were finally on the rise to reach 613K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a tangible 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 $653M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Petroleum Gases and Other Gaseous Hydrocarbons in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia82.514917.951884.5%
Germany27.84.815.862.931.3%
Netherlands18.011.014.124.410.7%
Poland24.319.945.419.7-6.8%
Ukraine76.94.70.216.9-39.7%
Others14.78.714.710.9-9.5%
Total24419810865338.8%

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from the Czech Republic in 2022:

  1. Slovakia (440.3K tons)
  2. Germany (79.4K tons)
  3. Poland (29.0K tons)
  4. Netherlands (25.2K tons)
  5. Ukraine (22.3K tons)

Source: IndexBox Market Intelligence Platform

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