Price hike alert: Spain’s butane cylinder costs set to surge 4.91%

Price hike alert: Spain's butane cylinder costs set to surge 4.91%.

Price hike alert: Spain's butane cylinder costs set to surge 4.91%. Image: Gena Melendrez /

According to Spain’s Consumers in Action, the maximum retail price of a butane cylinder will increase by 4.91 per cent starting Tuesday, March 19, reaching €16.67.

This marks the third consecutive price increase following six consecutive bi-monthly declines.

The bi-monthly price review is determined by the costs of raw materials (propane and butane) in international markets, along with freight costs and the euro-dollar exchange rate.

This price adjustment, whether upward or downward, is capped at 5 per cent, with any excess or deficit accumulated for subsequent revisions.

The recent price hike is primarily attributed to a significant rise in raw material costs (+4.88 per cent), partially offset by a slight depreciation of the euro against the dollar (-0.05 per cent) over the past two months.

However, this increase was mitigated by a substantial reduction in freight costs (-47 per cent).

The maximum retail price of bottled liquefied petroleum gas (LPG) in containers ranging from 8 to 20 kilogrammes, including traditional butane cylinders, is regulated and reviewed bi-monthly on the third Tuesday of each month by Resolution of the General Directorate of Energy Policy and Mines.

Royal Decree-Law 11/2022, implemented on June 25, set the maximum price of a butane cylinder between 8 and 20 kilograms at €19.55, a measure extended by Royal Decree-Law 8/2023 until June 30, 2024.

This maximum price was last reached in the September 19, 2022 review.

Historically, during the Zapatero administration, the highest price for butane was €15.19, maintained from October 1, 2011, until March 31, 2012.

In contrast, the lowest price recorded in the last twenty years was €9.38 in April 2005.

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Written by

Anna Ellis

Originally from Derbyshire, Anna has lived in the middle of nowhere on the Costa Blanca for 19 years. She is passionate about her animal family including four dogs and four horses, musicals and cooking.