Key Market Indicators
Korean propane exports are set to rise by 2% each year, on average, to 169 million kilograms by 2026. Since 1993, they have grown 3.9% annually. In 2021, Korea was the 23rd largest exporter with 148 million kilograms, behind Belarus. Canada, Algeria and Russia are the top three exporters. Korean propane imports are forecast to increase 1.8% annually to 5 billion kilograms by 2026. Since 1993, they have decreased by 0.5% each year. In 2021, Korea was the sixth largest importer with 4.5 billion kilograms, behind India. The US, Japan and Mexico are the top three importers.