
Switzerland - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Switzerland: Market for Liquefied Petroleum Gas (LPG) 2022
Market Size for Liquefied Petroleum Gas (LPG) in Switzerland
In 2021, the Swiss liquefied petroleum gas (LPG) market increased by 7,038% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption enjoyed strong 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 Switzerland
In value terms, liquefied petroleum gas (LPG) production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 28% against the previous year. Liquefied petroleum gas (LPG) production peaked in 2021 and is likely to continue growth in the immediate term.
Exports of Liquefied Petroleum Gas (LPG)
Exports from Switzerland
After two years of growth, shipments abroad of liquefied petroleum gas (LPG) decreased by -93.6% to X tons in 2021. Over the period under review, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2015 with an increase of 141% against the previous year. The exports peaked at X tons in 2020, and then contracted markedly in the following year.
In value terms, liquefied petroleum gas (LPG) exports contracted significantly to $X in 2021. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 157% against the previous year. As a result, the exports attained the peak of $X, and then shrank sharply in the following year.
Exports by Country
South Korea (X tons), Austria (X tons) and Germany (X tons) were the main destinations of liquefied petroleum gas (LPG) exports from Switzerland, with a combined 66% share of total exports. Australia, the UK, Brazil and Israel lagged somewhat behind, together comprising a further 19%.
From 2012 to 2021, the biggest increases were in the UK (with a CAGR of +72.5%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Austria ($X), South Korea ($X) and Australia ($X) constituted the largest markets for liquefied petroleum gas (LPG) exported from Switzerland worldwide, together accounting for 66% of total exports. The UK, Germany, Brazil and Israel lagged somewhat behind, together accounting for a further 11%.
In terms of the main countries of destination, the UK, with a CAGR of +70.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average liquefied petroleum gas (LPG) export price stood at $X per ton in 2021, with a decrease of -9.1% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 11%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-1.4%), while the prices for the other major destinations experienced a decline.
Imports of Liquefied Petroleum Gas (LPG)
Imports into Switzerland
In 2021, supplies from abroad of liquefied petroleum gas (LPG) increased by 63% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 81% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, liquefied petroleum gas (LPG) imports soared to $X in 2021. In general, imports, however, saw a perceptible decline. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
Germany (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of liquefied petroleum gas (LPG) imports to Switzerland, with a combined 91% share of total imports.
From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +4.0%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest liquefied petroleum gas (LPG) suppliers to Switzerland were Belgium ($X), Germany ($X) and the Netherlands ($X), together comprising 92% of total imports.
Among the main suppliers, Belgium, with a CAGR of +15.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2021, the average liquefied petroleum gas (LPG) import price amounted to $X per ton, with an increase of 16% against the previous year. Overall, the import price enjoyed a modest expansion. The most prominent rate of growth was recorded in 2016 an increase of 92% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.8%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in Switzerland. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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