Croatia: Market for Liquefied Petroleum Gas (LPG) 2024

Market Size for Liquefied Petroleum Gas (LPG) in Croatia

The Croatian liquefied petroleum gas (LPG) market surged to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Liquefied Petroleum Gas (LPG) in Croatia

In value terms, liquefied petroleum gas (LPG) production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Liquefied petroleum gas (LPG) production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Liquefied Petroleum Gas (LPG)

Exports from Croatia

Liquefied petroleum gas (LPG) exports from Croatia reduced notably to X tons in 2022, which is down by X% compared with the previous year. Overall, exports showed a pronounced decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, liquefied petroleum gas (LPG) exports rose markedly to $X in 2022. In general, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bosnia and Herzegovina (X tons), Slovenia (X tons) and Morocco (X tons) were the main destinations of liquefied petroleum gas (LPG) exports from Croatia, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Slovenia ($X) and Morocco ($X) appeared to be the largest markets for liquefied petroleum gas (LPG) exported from Croatia worldwide, with a combined X% share of total exports.

Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average liquefied petroleum gas (LPG) export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, saw a perceptible setback. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Morocco ($X 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 Morocco (X%), while the prices for the other major destinations experienced a decline.

Imports of Liquefied Petroleum Gas (LPG)

Imports into Croatia

In 2022, the amount of liquefied petroleum gas (LPG) imported into Croatia soared to X tons, rising by X% on the previous year's figure. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, liquefied petroleum gas (LPG) imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Algeria (X tons), Hungary (X tons) and Greece (X tons) were the main suppliers of liquefied petroleum gas (LPG) imports to Croatia, with a combined X% share of total imports. Germany, Italy, Austria, Bulgaria, Serbia, Libya and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest liquefied petroleum gas (LPG) suppliers to Croatia were Algeria ($X), Hungary ($X) and Greece ($X), with a combined X% share of total imports. Germany, Italy, Bulgaria, Austria, Serbia, Libya and Russia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average liquefied petroleum gas (LPG) import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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