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27-02-2024 12:54

Imports, Sales αnd Stocks οf Petroleum Products: January 2024

In January 2024, the total sales of petroleum products amounted to 109.710 tonnes, recording a decrease of 0,9% compared to January 2023. A decrease was observed in the provisions of marine gasoil (-11,0%) and in the sales of light fuel oil (-19,3%), asphalt (-18,0%), kerosene (-8,0%), heating gasoil (-1,5%) and liquefied petroleum gases (-1,5%). On the contrary, a rise was recorded in the provisions of aviation kerosene (7,3%), as well as in the sales of road diesel (5,5%) and motor gasoline (3,9%). As far as the sales from filling stations are specifically concerned, these have registered a rise of 3,4% to 54.635 tonnes.

The total sales of petroleum products in January 2024 compared to December 2023 recorded a drop of 8,5%. Indicatively, a fall was recorded in the provisions of marine gasoil and aviation kerosene (-26,0% and -5,3%, respectively) as well as in the sales of motor gasoline (-7,9%) and road diesel (-6,4%).

The total stocks of petroleum products at the end of January 2024 rose by 12,2% compared to the end of the previous month.

 

 

Table 1

 

 

 

 

 

 

 

Products

Total Sales (tonnes)

 

Percentage Change 

(%)

 Jan
2024

Jan
2023

Jan - Dec 2023                   

Jan - Dec 2022                   

 

Jan 2024/2023

Jan - Dec 2023/2022

Unleaded Motor Gasoline

24.780

23.855

324.591

310.130

3,9

4,7

Aviation Gasoline

1

2

20

15

 

-50,0

33,3

Aviation Kerosene

14.399

13.416

294.569

255.725

 

7,3

15,2

Kerosene

2.047

2.226

10.057

13.822

 

-8,0

-27,2

Road Diesel

26.063

24.710

345.657

331.140

 

5,5

4,4

Gasoil for Agriculture Use

1.527

1.365

20.242

22.787

 

11,9

-11,2

Heating Gasoil

10.683

10.849

81.564

93.448

 

-1,5

-12,7

Gasoil for Marine use

6.179

6.942

90.715

126.024

 

-11,0

-28,0

Light Fuel Oil

14.428

17.889

168.093

182.365

 

-19,3

-7,8

Heavy Fuel Oil

927

299

14.307

10.112

 

210,0

41,5

Lubricants

241

234

2.934

2.775

 

3,0

5,7

Asphalt

1.990

2.428

37.284

32.559

 

-18,0

14,5

Liquefied Petroleum Gases

6.445

6.541

55.134

58.761

 

-1,5

-6,2

Total    

109.710

110.756

1.445.167

1.439.663

-0,9

0,4

 

Table 2

 

 

 

 

 

 

 

Products

Sales from Filling Stations (tonnes)

 

Percentage Change  

(%)

 Jan
2024

Jan
2023

Jan - Dec 2023                   

Jan - Dec 2022                   

 

Jan 2024/2023

Jan - Dec 2023/2022

Unleaded Motor Gasoline

24.546

23.620

321.282

306.281

3,9

4,9

Kerosene

1.579

1.714

7.582

10.658

 

-7,9

-28,9

Road Diesel

20.525

19.579

273.229

263.024

 

4,8

3,9

Gasoil for Agriculture Use

1.064

881

14.077

15.523

 

20,8

-9,3

Heating Gasoil

6.772

6.893

48.977

57.045

 

-1,8

-14,1

Light Fuel Oil

43

48

443

457

 

-10,4

-3,1

Lubricants

106

87

1.203

1.085

 

21,8

10,9

Total   

54.635

52.822

666.793

654.073

3,4

1,9

 

Methodological Information

 

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 visit CYSTAT Portal, subtheme Energy, CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information or contact Ms Nafsika Apostolou at telephone +35722602199 or via e-mail at napostolou@cystat.mof.gov.cy

 

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.

(NGian/NG)