The year 2021 is a period of recovery from the effects of the initial phase of the COVID-19 pandemic also in the liquid fuels market, and at the same time - a year of very clear, dynamic increases in liquid fuel prices.
In 2021, the LPG consumption stabilised. According to POPiHN data, LPG consumption in 2021 amounted to 4.7m m3, a slight increase of 2.2% y/y. This was lower than the increase in petrol consumption as a result of a much higher increase in autogas prices than petrol.
The market of natural gas in 2021 was marked by further unprecedented price increases. After a slump in the market caused by a significant reduction in demand through a global pandemic situation, there was a marked rebound. A number of factors contributed to this.
As in the natural gas market, the electricity market also observed distinct, unprecedented price increase in 2021. In 2021, demand for electricity increased by 5.7 % against the previous year. Coal-fired power plants (76 per cent).
In 2021, a systematic recovery of the roadworks market could be observed after the downtime caused by the Covid-19 pandemic and the quarantine introduced in early 2020. The pandemic did not stop work on construction sites, but affected the various segments of the market in different ways. The implementation of major public investments and road infrastructure construction programmes continues to play a key role for the development of the sector.
The market of photovoltaic installations, both for individual and institutional customers, has been experiencing a clear upward trend for several years. Photovoltaic installations are becoming more and more popular on the roofs of single-family houses, blocks of flats, production halls or warehouses.
