Cooking Gas also known as Liquefied Petroleum Gas (LPG) prices vary across countries due to taxation, import dependency, and environmental policies. For this Month March 2025, the countries with the highest LPG prices per kg are listed below, with prices in U.S. dollars ($) and Nigerian Naira (₦). The conversion is based on an exchange rate of 1 USD = ₦1,553.
Top 10 Countries with the Highest LPG Prices
Rank | Country | LPG Price ($) | LPG Price (₦) |
---|---|---|---|
1 | Switzerland | $1.45 | ₦2,251.85 |
2 | Denmark | $1.39 | ₦2,158.67 |
3 | Belgium | $1.35 | ₦2,096.55 |
4 | Netherlands | $1.32 | ₦2,049.96 |
5 | Sweden | $1.29 | ₦2,003.37 |
6 | France | $1.25 | ₦1,941.25 |
7 | Austria | $1.22 | ₦1,894.66 |
8 | Germany | $1.19 | ₦1,848.07 |
9 | Italy | $1.16 | ₦1,801.48 |
10 | Finland | $1.14 | ₦1,770.42 |
Why Are LPG Prices So High in These Countries?
- Heavy Taxation: Countries like Denmark, Belgium, and France impose high energy taxes on LPG as part of their environmental policies.
- Import Dependency: Nations such as Switzerland and Austria rely heavily on imported LPG, which increases costs.
- Carbon Policies: Countries like Sweden, Germany, and Finland have strict emissions regulations, leading to higher LPG prices.
- Energy Market Regulations: Some nations, including Italy and the Netherlands, apply consistent taxation across all fuel types, affecting LPG prices.
Comparison with Nigeria
In early 2025, Nigeria’s average LPG price is about $0.70 (₦1,087.10) per kg, significantly lower than those in the top 10. Nigeria benefits from local gas production, reducing the impact of global price hikes.
Switzerland leads globally in LPG prices, while Denmark, Belgium, and the Netherlands follow closely due to high taxes and green energy policies. Most of the top 10 countries are in Europe, where governments are discouraging fossil fuel use through taxation and environmental levies.