Overview of Butane Cylinder Price Trends
Prices for butane cylinders are anything but static. To grasp how these costs have moved in recent years, it helps to review historical data and place it in a broader context. In January 2020, the price stood at 13.37 euros per bottle. The year 2020, shaped by the COVID-19 pandemic, brought noticeable volatility. As autumn approached, prices edged up to 12.09 euros in September and climbed to 12.68 euros by November, reflecting shifts in supply, demand, and policy responses that affected the energy sector.
In 2021, the upward momentum continued, with the price reaching 16.92 euros by November. The climb persisted into 2022, where the strongest levels were observed in May, July, and September, topping at 19.55 euros. This period followed the economic ripple effects of the Russia-Ukraine conflict, along with evolving supply chains and energy market dynamics. By 2023, a correction appeared, and prices eased to around 15.18 euros in July before settling near 15.14 euros in November.
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These fluctuations result from a mix of economic and regulatory influences. Butane cylinder pricing is shaped by several factors, including the global price of oil, marketing costs, and taxation, among others. Market observers note that, in practice, each determinant imperceptibly nudges the price up or down as conditions change in energy, logistics, and regulatory settings.
Price reviews occur on a regular cadence, typically conducted every two months and published through official channels such as government gazettes. These reviews capture shifts in production and distribution costs and mirror how the market responds to broader policy changes and economic policy adjustments. The transparency of these updates helps consumers, retailers, and policymakers understand price movement within a regulated framework and anticipate future changes.
New price of butane cylinder
The latest approved price for a butane cylinder, as announced in the government gazette, takes effect on Tuesday, November 21, 2023. The published rate sets the price at 15.14 euros per bottle, as indicated in the gazette dated November 18, 2023. While the price has shown declines since the mid-2020s peak, it has not returned to the levels seen in 2020. The plan is for January 2024 to see the new price come into force from that date, pending any further review. Market watchers and policymakers alike consider whether the price cap or adjustment will hold at the next regulatory review, keeping a close eye on cost drivers such as energy markets, logistics, and fiscal policy.
Overall, the trajectory for butane cylinder pricing shows a general upward trend with occasional downturns since 2020. The most recent update places the price at 15.14 euros per cylinder from 21 November 2023, reflecting current market conditions and the direction of government pricing policy as of early 2024.