Key Market Indicators
Singaporean propane exports are expected to reach 33 million kilograms by 2026, up from 25 million kilograms in 2021. This represents an average yearly growth of 4.6%. Since 1994, Singapore's supply has increased by 17.1% per year. In 2021, the country was ranked 32nd, with Chile overtaking it at 25 million kilograms. Canada, Algeria and Russia came in at 2nd, 3rd and 4th in this ranking, respectively. Singaporean propane imports are forecast to reach 444 million kilograms by 2026, up from 332 million kilograms in 2021. This represents a compound annual growth rate of 4.9%. Since 1994, Singapore's demand has increased by 16.3% per year. In 2021, the country was ranked 26th, with Canada coming out ahead at 332 million kilograms. The United States, Japan and Mexico were ranked 2nd, 3rd and 4th in this ranking, respectively.