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Latvia Propane Industry Outlook 2022 - 2026

See how Latvia Propane performed compared to key markets such as China, the United States and Japan.

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.

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