Unem: fuel consumption in July returned to pre-Covid levels

  Fuels, NEWS & INTERVIEWS

Thanks to the extension of the white zone to the whole country in July, there was a recovery in the consumption of motor fuels, especially for petrol

Consumption of petrol and diesel fuels has returned to 2019 levels. This emerged from analysis of data by the Unem – Energy for Mobility Union regarding the trend in petroleum consumption in the first seven months of 2021. Thanks to the extension of the white zone to the whole country in July, there was a recovery in the consumption of motor fuels, especially for petrol. Consumption came to 2.9 million tonnes, an increase of 7.8% compared to last year and 0.8% higher than in July 2019. Since the beginning of the year, fuel consumption has grown by 18.90% compared to 2020 but still remains 8.7% below pre-Covid levels.

In general, petroleum consumption in July came to 5.2 million tonnes, an increase of 7.9% compared to July 2020. However, volumes are still 7.5% below figures for July 2019, given the continuing crisis in consumption of aviation fuels. With reference to the first seven months of the year, petroleum consumption stood at 30.6 million tonnes, an increase of 9.5% compared to the same period of 2020 but a downturn of 11.9% compared to two years ago.
Aviation fuel, despite posting an increase of about 67% compared to 2020, still has volumes 51% lower than in 2019. While an increase was seen for bunkering and all other diesel fuel applications, consumption of bitumen and – especially – lubricants showed a setback. Difficulties were also seen for kerosene, with a fall in volumes of 13.30% in the first seven months of 2021 compared to last year.

Finally, new car registrations in the first seven months of 2021 increased by 38% compared to the previous year but suffered a setback in July (-19.80%). Despite continued growth in hybrids, cars running on conventional fuels cars still accounted for 60% of new registrations in July. Petrol fuelled cars represent 31.70% of total (-10.6% compared to 2020), diesel 23.70% (-11.4%) and hybrids 27.70% (+16.60%). As for August, Unem estimates that volumes for petroleum products may well recover a total of about 400,000 tonnes of the 600,000 tonnes lost in August last year.