In 2023, the import of liquefied butanes to Australia stood at 7.3320 million USD. The forecasted data indicates a year-on-year decline, with imports expected to decrease from 6.8898 million USD in 2024 to 5.2299 million USD by 2028. This represents a consistent downward trend. The year-over-year variation for 2024 to 2025 is a decrease of 6.2%, for 2025 to 2026 is a decrease of 6.5%, for 2026 to 2027 is a decrease of 6.8%, and for 2027 to 2028 is a decrease of 7.1%. Over the last 5 years, the Compound Annual Growth Rate (CAGR) shows an average annual decrease of around 7.5%.
Future trends to watch for include potential shifts in global butane supply chains, alternative energy adoption, changes in local production capacities, and government import policies. Monitoring these factors will be crucial in understanding the long-term outlook for liquefied butane imports to Australia.
