Report Eastern Europe - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 30, 2022

Eastern Europe - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Europe: Market for Liquefied Petroleum Gas (LPG) 2022

Market Size for Liquefied Petroleum Gas (LPG) in Eastern Europe

The East European liquefied petroleum gas (LPG) market was finally on the rise to reach $X in 2021, after two years of decline. The total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to continue growth in the near future.

Production of Liquefied Petroleum Gas (LPG) in Eastern Europe

In value terms, liquefied petroleum gas (LPG) production skyrocketed to $X in 2021 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 41% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Liquefied Petroleum Gas (LPG)

Exports in Eastern Europe

In 2021, shipments abroad of liquefied petroleum gas (LPG) decreased by -8.2% to X tons, falling for the third consecutive year after three years of growth. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 28%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, liquefied petroleum gas (LPG) exports surged to $X in 2021. Over the period under review, exports showed a pronounced slump. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Russia prevails in exports structure, finishing at X tons, which was near 70% of total exports in 2021. Belarus (X tons) ranks second in terms of the total exports with an 8.5% share, followed by Poland (5.2%). Romania (X tons), Lithuania (X tons), the Czech Republic (X tons) and Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to liquefied petroleum gas (LPG) exports from Russia stood at +1.7%. At the same time, Poland (+7.0%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +7.0% from 2012-2021. Lithuania and Latvia experienced a relatively flat trend pattern. By contrast, Belarus (-1.1%), the Czech Republic (-3.9%) and Romania (-4.8%) illustrated a downward trend over the same period. Russia (+6.3 p.p.) and Poland (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic, Belarus and Romania saw its share reduced by -1.5%, -1.5% and -2.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest liquefied petroleum gas (LPG) supplier in Eastern Europe, comprising 64% of total exports. The second position in the ranking was held by Belarus ($X), with a 9% share of total exports. It was followed by Poland, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -2.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-5.0% per year) and Poland (+4.5% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, surging by 57% against the previous year. In general, the export price, however, continues to indicate a noticeable descent. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (-2.4%), while the other leaders experienced a decline in the export price figures.

Imports of Liquefied Petroleum Gas (LPG)

Imports in Eastern Europe

In 2021, purchases abroad of liquefied petroleum gas (LPG) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, liquefied petroleum gas (LPG) imports soared to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons) and Ukraine (X tons) represented the largest importers of liquefied petroleum gas (LPG) in 2021, amounting to near 38% and 28% of total imports, respectively. It was distantly followed by Hungary (X tons) and Bulgaria (X tons), together committing a 14% share of total imports. Latvia (X tons), Romania (X tons), Russia (X tons), the Czech Republic (X tons) and Belarus (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ukraine (with a CAGR of +12.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest liquefied petroleum gas (LPG) importing markets in Eastern Europe were Poland ($X), Ukraine ($X) and Hungary ($X), with a combined 74% share of total imports.

Among the main importing countries, Ukraine, with a CAGR of +11.2%, saw the highest growth rate of 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

The import price in Eastern Europe stood at $X per ton in 2021, picking up by 58% against the previous year. Overall, the import price, however, saw a pronounced downturn. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Romania ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for liquefied petroleum gas (lpg) in Eastern Europe?
+
Russia remains the largest liquefied petroleum gas LPG) consuming country in Eastern Europe, accounting for 75% of total volume. Moreover, liquefied petroleum gas LPG) consumption in Russia exceeded the figures recorded by the second-largest consumer, Poland, ninefold. Ukraine ranked third in terms of total consumption with a 6.6% share.
What are the largest producers of liquefied petroleum gas (lpg) in Eastern Europe?
+
Russia constituted the country with the largest volume of liquefied petroleum gas LPG) production, accounting for 88% of total volume. Moreover, liquefied petroleum gas LPG) production in Russia exceeded the figures recorded by the second-largest producer, Belarus, more than tenfold.
What are the leading exporters of liquefied petroleum gas (lpg) in Eastern Europe?
+
In value terms, Russia remains the largest liquefied petroleum gas LPG) supplier in Eastern Europe, comprising 64% of total exports. The second position in the ranking was taken by Belarus, with a 9% share of total exports. It was followed by Poland, with a 7.2% share.
What are the leading importers of liquefied petroleum gas (lpg) in Eastern Europe?
+
In value terms, the largest liquefied petroleum gas LPG) importing markets in Eastern Europe were Poland, Ukraine and Hungary, with a combined 74% share of total imports.
What is the average export price for liquefied petroleum gas (lpg) in Eastern Europe?
+
The export price in Eastern Europe stood at $518 per ton in 2021, increasing by 57% against the previous year.
What is the average import price for liquefied petroleum gas (lpg) in Eastern Europe?
+
The import price in Eastern Europe stood at $594 per ton in 2021, surging by 58% against the previous year.

This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in Eastern Europe. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Europe, split by region and country
• Trade (exports and imports) in Eastern Europe
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Belarus
• Bulgaria
• Czech Republic
• Estonia
• Hungary
• Latvia
• Lithuania
• Moldova
• Poland
• Romania
• Russia
• Slovakia
• Ukraine
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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