Imports, sales and stocks of petroleum products: July 2024
03/09/24 14:15 | Press release | Economy and Finance
Annual Change in Sales +4,6 %
In July 2024, the total sales of petroleum products amounted to 134.484 tonnes, recording a rise of 4,6% compared to July 2023. An increase was observed in the provisions of marine gasoil (11,9%) and aviation kerosene (0,6%), as well as in the sales of heavy fuel oil (14,5%), liquefied petroleum gas (10,7%), heating gasoil (8,7%), road diesel (7,9%) and motor gasoline (7,4%). On the contrary, a decrease was recorded in the sales of kerosene (-25,8%) and light fuel oil (-4,8%). As far as the sales from filling stations are specifically concerned, these have increased by 7,7% to 60.678 tonnes.
The total sales of petroleum products in July 2024 compared to June 2024 recorded an increase of 5,6%. Indicatively, a rise was recorded in the provisions of aviation kerosene (11,4%) and in the sales of road diesel (8,1%) and gasoline (7,5%). The total stocks of petroleum products at the end of July 2024 dropped by 36,4% compared to the end of the previous month.
During the period January-July 2024, the total sales of petroleum products increased by 1,6% compared to the corresponding period of the previous year.
| Table 1 | ||||||
| Products | Total Sales (tonnes) | Percentage Change (%) | ||||
| July 2024 | July 2023 | Jan – July 2024 | Jan – July 2023 | July 2024/2023 | Jan – July 2024/2023 | |
| Unleaded Motor Gasoline | 31.198 | 29.042 | 191.409 | 185.496 | 7,4 | 3,2 |
| Aviation Gasoline | 1 | 2 | 9 | 14 | -50,0 | -35,7 |
| Aviation Kerosene | 35.994 | 35.768 | 166.530 | 159.797 | 0,6 | 4,2 |
| Kerosene | 46 | 62 | 5.082 | 6.413 | -25,8 | -20,8 |
| Road Diesel | 32.814 | 30.417 | 202.703 | 200.044 | 7,9 | 1,3 |
| Gasoil for Agriculture Use | 1.797 | 1.572 | 12.423 | 11.132 | 14,3 | 11,6 |
| Heating Gasoil | 4.061 | 3.736 | 44.960 | 51.398 | 8,7 | -12,5 |
| Gasoil for Marine use | 4.920 | 4.398 | 46.618 | 48.353 | 11,9 | -3,6 |
| Light Fuel Oil | 14.013 | 14.718 | 97.774 | 92.714 | -4,8 | 5,5 |
| Heavy Fuel Oil | 1.460 | 1.275 | 9.040 | 8.322 | 14,5 | 8,6 |
| Lubricants | 306 | 275 | 1.786 | 1.687 | 11,3 | 5,9 |
| Asphalt | 4.240 | 3.978 | 22.199 | 20.623 | 6,6 | 7,6 |
| Liquefied Petroleum Gases | 3.634 | 3.284 | 32.064 | 33.822 | 10,7 | -5,2 |
| Total | 134.484 | 128.527 | 832.597 | 819.815 | 4,6 | 1,6 |
| Table 2 | ||||||
| Products | Sales from Filling Stations (tonnes) | Percentage Change (%) | ||||
| July 2024 | July 2023 | Jan – July 2024 | Jan – July 2023 | July 2024/2023 | Jan – July 2024/2023 | |
| Unleaded Motor Gasoline | 30.922 | 28.734 | 189.597 | 183.591 | 7,6 | 3,3 |
| Kerosene | 35 | 45 | 3.880 | 4.875 | -22,2 | -20,4 |
| Road Diesel | 26.157 | 24.245 | 160.882 | 157.326 | 7,9 | 2,3 |
| Gasoil for Agriculture Use | 1.255 | 1.077 | 8.271 | 7.751 | 16,5 | 6,7 |
| Heating Gasoil | 2.154 | 2.080 | 26.499 | 30.687 | 3,6 | -13,6 |
| Light Fuel Oil | 29 | 29 | 260 | 275 | 0,0 | -5,5 |
| Lubricants | 126 | 106 | 754 | 679 | 18,9 | 11,0 |
| Total | 60.678 | 56.316 | 390.143 | 385.184 | 7,7 | 1,3 |
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 22602199 or via email: 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.
(IA/GS)