Key Market Indicators
Belgium is set to see growth in its propane exports and imports over the next five years. Export is projected to reach almost 684 million kilograms by 2026, an increase of 0.9% year on year compared to 2021. Since 2004, Belgian propane exports have grown at an average rate of 1% per year. In 2021, the UK was the leading exporter at 638 million kilograms, followed by Canada, Algeria and Russia. Import is expected to reach 1.9 billion kilograms by 2026, a 2.5% year over year growth from 2021. Since 2004, Belgian propane demand has grown at an average rate of 2.3% annually. In 2021, Spain was the top importer at 1.6 billion kilograms, followed by the US, Japan and Mexico.
