Price for Petroleum Gases and Other Gaseous Hydrocarbons in Sweden - 2023

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Sweden (CIF) - 2022

The average import price for petroleum gases and other gaseous hydrocarbonses stood at $738 per ton in 2022, surging by 43% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 48%. The import price peaked at $775 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,242 per ton), while the price for Finland ($454 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Sweden (FOB) - 2022

In 2022, the average export price for petroleum gases and other gaseous hydrocarbonses amounted to $744 per ton, with an increase of 13% against the previous year. In general, the export price, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 86%. The export price peaked at $956 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,035 per ton), while the average price for exports to France ($578 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 the UK (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Sweden

In 2022, approx. 2.6M tons of petroleum gases and other gaseous hydrocarbonses were imported into Sweden; with a decrease of -7% on 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of 2.8M tons, and then dropped in the following year.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses surged to $1.9B in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 132%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Petroleum Gases and Other Gaseous Hydrocarbons in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	127	114	371	631	70.6%
United States	112	134	303	478	62.2%
Norway	206	178	327	455	30.2%
Netherlands	7.3	31.8	76.7	127	159.1%
Germany	36.5	28.9	102	84.1	32.1%
Russia	139	57.3	101	35.4	-36.6%
United Kingdom	15.6	12.6	40.5	26.4	19.2%
Finland	4.8	40.1	83.5	24.0	71.0%
Others	36.4	16.6	18.7	36.8	0.4%
Total	683	614	1,424	1,897	40.6%

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Sweden in 2022:

Denmark (1000.6K tons)
Norway (773.1K tons)
United States (399.5K tons)
Netherlands (145.1K tons)
Germany (130.7K tons)
Finland (52.8K tons)
Russia (35.8K tons)
United Kingdom (21.2K tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Sweden

In 2022, approx. 1.1M tons of petroleum gases and other gaseous hydrocarbonses were exported from Sweden; with an increase of 24% compared with 2021. The total export volume increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses skyrocketed to $810M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 98% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Petroleum Gases and Other Gaseous Hydrocarbons in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	55.0	128	266	516	110.9%
Norway	57.0	45.1	96.8	112	25.3%
Finland	4.3	7.6	4.9	71.4	155.1%
Germany	6.3	6.2	27.9	25.4	59.2%
Denmark	6.3	13.7	63.6	13.4	28.6%
Netherlands	38.8	14.3	33.6	12.0	-32.4%
France	18.1	14.2	24.2	11.3	-14.5%
Belgium	20.8	13.1	14.1	5.7	-35.0%
Others	120	51.2	49.7	42.3	-29.4%
Total	327	293	581	810	35.3%