Switzerland: Market for Liquefied Petroleum Gas (LPG) 2024

Market Size for Liquefied Petroleum Gas (LPG) in Switzerland

For the third consecutive year, the Swiss liquefied petroleum gas (LPG) market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption showed a strong increase. 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 skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a temperate increase. Liquefied petroleum gas (LPG) production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Liquefied Petroleum Gas (LPG)

Exports from Switzerland

In 2022, overseas shipments of liquefied petroleum gas (LPG) decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, liquefied petroleum gas (LPG) exports fell to $X in 2022. Overall, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), South Korea (X tons) and Austria (X tons) were the main destinations of liquefied petroleum gas (LPG) exports from Switzerland, together comprising X% of total exports. The UK, Australia, Israel and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), South Korea ($X) and Australia ($X) were the largest markets for liquefied petroleum gas (LPG) exported from Switzerland worldwide, with a combined X% share of total exports.

Among the main countries of destination, Austria, with a CAGR of X%, 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

In 2022, the average liquefied petroleum gas (LPG) export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. 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 foreign markets. In 2022, amid the top suppliers, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Imports of Liquefied Petroleum Gas (LPG)

Imports into Switzerland

In 2022, after four years of growth, there was significant decline in supplies from abroad of liquefied petroleum gas (LPG), when their volume decreased by X% to X tons. Over the period under review, imports recorded a drastic downturn. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, liquefied petroleum gas (LPG) imports soared to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main suppliers of liquefied petroleum gas (LPG) imports to Switzerland, with a combined X% share of total imports. The Netherlands, Norway and Italy 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 Norway (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of liquefied petroleum gas (LPG) to Switzerland, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average liquefied petroleum gas (LPG) import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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