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United Kingdom - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Liquefied Petroleum Gas (LPG) in the UK - 2023
Contents:
- Price for Liquefied Petroleum Gas (LPG) in the UK (FOB) - 2022
- Price for Liquefied Petroleum Gas (LPG) in the UK (CIF) - 2022
- Exports of Liquefied Petroleum Gas (LPG) in the UK
- Imports of Liquefied Petroleum Gas (LPG) in the UK
Price for Liquefied Petroleum Gas (LPG) in the UK (FOB) - 2022
In 2022, the average liquefied petroleum gas (LPG) export price amounted to $760 per ton, picking up by 22% against the previous year. In general, the export price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum at $900 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($808 per ton), while the average price for exports to Norway ($379 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 Portugal (-0.8%), while the prices for the other major destinations experienced a decline.
Price for Liquefied Petroleum Gas (LPG) in the UK (CIF) - 2022
The average liquefied petroleum gas (LPG) import price stood at $770 per ton in 2022, surging by 10% against the previous year. In general, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42%. The import price peaked at $892 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,045 per ton), while the price for Denmark ($504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Liquefied Petroleum Gas (LPG) in the UK
In 2022, exports of liquefied petroleum gas (LPG) from the UK contracted to 2.1M tons, with a decrease of -8.7% on the year before. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year.
In value terms, liquefied petroleum gas (LPG) exports rose remarkably to $1.6B in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 77%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Liquefied Petroleum Gas (LPG) in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 352 | 190 | 368 | 416 | 5.7% |
France | 258 | 208 | 419 | 316 | 7.0% |
Belgium | 260 | 142 | 229 | 259 | -0.1% |
Portugal | 45.5 | 26.9 | 63.6 | 129 | 41.5% |
Germany | 33.0 | 24.7 | 33.6 | 74.6 | 31.2% |
Morocco | 143 | 58.4 | 71.0 | 74.4 | -19.6% |
Ireland | 55.4 | 27.5 | 60.7 | 71.0 | 8.6% |
Spain | 32.1 | 22.0 | 20.9 | 40.1 | 7.7% |
Norway | 29.7 | 27.4 | 32.0 | 37.7 | 8.3% |
Others | 118 | 74.0 | 118 | 153 | 9.0% |
Total | 1,327 | 801 | 1,415 | 1,570 | 5.8% |
Top Export Markets for Liquefied Petroleum Gas (LPG) from the UK in 2022:
- Netherlands (541.1K tons)
- France (399.9K tons)
- Belgium (349.1K tons)
- Portugal (159.1K tons)
- Morocco (103.9K tons)
- Norway (99.6K tons)
- Ireland (97.1K tons)
- Germany (72.5K tons)
- Spain (34.0K tons)
Imports of Liquefied Petroleum Gas (LPG) in the UK
In 2022, liquefied petroleum gas (lpg) imports into the UK skyrocketed to 1.1M tons, growing by 29% compared with the previous year. Over the period under review, imports, however, showed a mild decrease.
In value terms, liquefied petroleum gas (LPG) imports soared to $841M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Liquefied Petroleum Gas (LPG) in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 164 | 267 | 308 | 582 | 52.5% |
United States | 50.3 | 114 | 106 | 59.8 | 5.9% |
Netherlands | 35.1 | 118 | 54.5 | 59.4 | 19.2% |
France | 101 | 52.0 | 34.6 | 32.8 | -31.3% |
Sweden | 55.6 | 17.3 | 7.8 | 23.1 | -25.4% |
Belgium | 43.4 | 8.7 | 10.3 | 19.6 | -23.3% |
Algeria | N/A | N/A | N/A | 15.6 | 0% |
Russia | 35.2 | 19.6 | 28.3 | 15.5 | -23.9% |
Others | 68.2 | 89.1 | 42.7 | 32.7 | -21.7% |
Total | 553 | 685 | 592 | 841 | 15.0% |
Top Suppliers of Liquefied Petroleum Gas (LPG) to the UK in 2022:
- Norway (783.0K tons)
- United States (89.8K tons)
- Netherlands (64.9K tons)
- France (34.8K tons)
- Sweden (27.8K tons)
- Russia (22.8K tons)
- Algeria (22.6K tons)
- Belgium (21.0K tons)
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in the UK. 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:
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in the UK.
This report provides an in-depth analysis of the global market for liquefied petroleum gas (lpg).
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This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) in the UK.
This report provides an in-depth analysis of the global market for liquefied petroleum gas (lpg).
Explore the top import markets for Liquefied Petroleum Gas (LPG) in 2023. Discover key statistics and trends in the global LPG market.
Explore the top import markets for Liquefied Petroleum Gas (LPG) in 2023. Discover key statistics and trends in the global LPG market.