Watch Demo

Propane Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Propane Industry

Global Propane Trends in 2022

Propane is part of NGL. You may also be interested in Ethane, Butane and Pentane.

Global propane exports are forecast to reach 126 billion kilograms by 2026, up from 103 billion in 2021. This represents an average annual growth rate of 3%. Since 2016, global supply has increased by 4.6% each year. In 2021, the United States led the way with 63 billion kilograms, followed by Canada, Algeria and Russia. Chile reported a 115.2% year-on-year growth, while Brazil saw a decrease of 94.1%. Global propane imports are projected to reach 93 billion kilograms in 2026, up from 79.9 billion in 2021. This equates to a compound annual growth rate of 2.1%. Since 2016, global demand has increased by 3.2% on average each year. In 2021, China was the leading importer at 15.9 billion kilograms, followed by the United States, Japan and Mexico. Costa Rica saw a 369.4% year-on-year growth, while Pakistan reported a decrease of 59.7%.

Marketing Banner

Top 10 countries

In 2022 major markets in the Propane Industry were:

Propane Market Data and Forecasts

How much the Propane industry is expected to grow to 2026?

Forecast: Import of Liquefied Propane to the EU
Forecast: Import of Liquefied Propane to Croatia
Forecast: Export of Liquefied Propane from Poland
More in Propane Industry for 2028

Global Propane Industry Database