Algeria: Market for Liquefied Petroleum Gas (LPG) 2024

Market Size for Liquefied Petroleum Gas (LPG) in Algeria

In 2022, after two years of growth, there was decline in the Algerian liquefied petroleum gas (LPG) market, when its value decreased by X% to $X. Overall, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Liquefied Petroleum Gas (LPG) in Algeria

In value terms, liquefied petroleum gas (LPG) production dropped to $X in 2022 estimated in export price. In general, production saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Liquefied Petroleum Gas (LPG)

Exports from Algeria

In 2022, the amount of liquefied petroleum gas (LPG) exported from Algeria contracted modestly to X tons, with a decrease of X% against 2021 figures. Overall, exports saw a mild descent. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, liquefied petroleum gas (LPG) exports fell sharply to $X in 2022. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for liquefied petroleum gas (LPG) exports from Algeria, accounting for a X% share of total exports. Moreover, liquefied petroleum gas (LPG) exports to Turkey exceeded the volume sent to the second major destination, France (X tons), threefold. Italy (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

In value terms, Turkey ($X), Italy ($X) and France ($X) appeared to be the largest markets for liquefied petroleum gas (LPG) exported from Algeria worldwide, together comprising X% of total exports. Morocco, Spain, Indonesia, China, Tunisia, Sweden and Egypt lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Indonesia, 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, dropping by X% against the previous year. In general, the export price saw a deep setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Sweden ($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 Egypt (X%), while the prices for the other major destinations experienced a decline.

Imports of Liquefied Petroleum Gas (LPG)

Imports into Algeria

Liquefied petroleum gas (LPG) imports into Algeria contracted to X tons in 2022, with a decrease of X% against the previous year. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, liquefied petroleum gas (LPG) imports declined to $X in 2022. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Kazakhstan (X tons) was the main liquefied petroleum gas (LPG) supplier to Algeria, with a X% share of total imports. Moreover, liquefied petroleum gas (LPG) imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kazakhstan amounted to X%.

In value terms, Kazakhstan ($X) constituted the largest supplier of liquefied petroleum gas (LPG) to Algeria, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Kazakhstan totaled X%.

Import Prices by Country

In 2022, the average liquefied petroleum gas (LPG) import price amounted to $X per ton, waning by X% against the previous year. In general, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Source: IndexBox Platform

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