Tunisia: Market for Liquefied Petroleum Gas (LPG) 2024

Market Size for Liquefied Petroleum Gas (LPG) in Tunisia

The Tunisian liquefied petroleum gas (LPG) market shrank rapidly to $X in 2022, declining by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a perceptible decline. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Liquefied Petroleum Gas (LPG)

Exports from Tunisia

Liquefied petroleum gas (LPG) exports from Tunisia fell sharply to X tons in 2022, declining by X% against the previous year. In general, exports, however, posted a modest expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, liquefied petroleum gas (LPG) exports fell sharply to $X in 2022. Over the period under review, exports recorded a slight shrinkage. 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 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for liquefied petroleum gas (LPG) exports from Tunisia, with a X% share of total exports. Moreover, liquefied petroleum gas (LPG) exports to Italy exceeded the volume sent to the second major destination, Albania (X tons), fourfold. Morocco (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Morocco (X% per year).

In value terms, Italy ($X) remains the key foreign market for liquefied petroleum gas (LPG) exports from Tunisia, comprising X% of total exports. The second position in the ranking was taken by Albania ($X), with a X% share of total exports. It was followed by Morocco, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the average liquefied petroleum gas (LPG) export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a pronounced decline. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Spain ($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 Malta (X%), while the prices for the other major destinations experienced a decline.

Imports of Liquefied Petroleum Gas (LPG)

Imports into Tunisia

In 2022, the amount of liquefied petroleum gas (LPG) imported into Tunisia shrank notably to X tons, which is down by X% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, liquefied petroleum gas (LPG) imports shrank sharply to $X in 2022. Overall, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

France (X tons), Algeria (X tons) and Greece (X tons) were the main suppliers of liquefied petroleum gas (LPG) imports to Tunisia, together accounting for X% of total imports. Italy, Spain, the UK, the United States, Russia, Libya and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Algeria ($X) and Greece ($X) constituted the largest liquefied petroleum gas (LPG) suppliers to Tunisia, with a combined X% share of total imports. Italy, the UK, Spain, the United States, Russia, Turkey and Libya lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average liquefied petroleum gas (LPG) import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($X per ton) and the UK ($X per ton), while the price for Russia ($X per ton) and Greece ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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