Press Releases

Annual Change in Sales +5,4 %

In June 2023, the total sales of petroleum products amounted to 132.828 tonnes, recording an increase of 5,4% compared to June 2022. A rise was observed in the provisions of aviation kerosene (8,6%), as well as in the sales of heavy fuel oil (66,4%), asphalt (50,3%), road diesel (12,2%), liquefied petroleum gases (9,8%), heating gasoil (9,1%) and motor gasoline (7,6%). On the contrary, a decrease was observed in the provisions of marine gasoil (-27,3%), as well as in the sales of kerosene (-49,5%) and light fuel oil (-3,2%). As far as the sales from filling stations are specifically concerned, these have registered an increase of 7,8% to 59.298 tonnes.

The total sales of petroleum products in June 2023 compared to May 2023 recorded an increase of 8,4%. Indicatively, the provisions of aviation kerosene rose by 13,3%, so did the sales of road diesel (7,9%) and motor gasoline (5,1%). The total stocks of petroleum products at the end of June 2023 fell by 14,0% compared to the end of the previous month.

During the period January – June 2023, the total sales of petroleum products dropped by 2,2% compared to the corresponding period of the previous year.

Table 1

Table 2

Scope and Coverage

The collection of data on Imports, Sales and Stocks of Petroleum Products is carried out on a monthly basis.

It concerns the sales of petroleum products from filling stations and the sales to government departments, to the British Bases and the United Nations, to ships and to other customers, as well as the stocks held at the end of each month. Only the petroleum companies are being covered. Additionally, the imports of petroleum products imported directly from the Electricity Authority of Cyprus (EAC) and the manufacturing industry are also included.

Data Collection

The collection of data is conducted by the Statistical Service on a monthly basis by electronically receiving a purpose-designed questionnaire from each of these companies.

For more information:

CYSTAT Portal, subtheme Energy, CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information

The Predefined Tables, available in Excel format, include data up to December 2022. Data from January 2023 onwards are available only in the CYSTAT-DB Online Database.

Contact:

Nafsika Apostolou: Tel.: +35722602199, E-mail: napostolou@cystat.mof.gov.cy

(AP/SCH)