Key Market Indicators
Latvia's propane imports are expected to drop to 19 million kilograms by 2026, a 12.5% decrease from the 39.5 million kilograms in 2021. Since 1999, imports have decreased by 23% year-on-year. In 2021, Latvia ranked 48th, with Serbia at number 47, having 39.5 million kilograms. The United States, Japan, and Mexico followed as numbers 2, 3, and 4 respectively. Propane exports from Latvia are also declining, from 18.9 million kilograms in 2021 to 6.6 million kilograms by 2026, a 17.4% year-on-year decrease. Since 2000, supply has gone down by 29.7%. In 2021, Latvia was 34th, with Singapore at number 33 and 18.9 million kilograms. Canada, Algeria, and Russia were numbers 2, 3, and 4 in this ranking.
