The supply of Liquefied Petroleum Gas (LPG) in Chinese cities is forecasted to remain stable from 2024 to 2027, maintaining a level of 1.04 Ten Million Metric Tons each year. However, in 2028, there is a slight projected decrease to 1.03 Ten Million Metric Tons. In 2023, the actual supply stood similarly at 1.04 Ten Million Metric Tons. Over the past two years, the supply has shown no year-on-year variation, amounting to 0%. The Compound Annual Growth Rate (CAGR) for the period between 2024 to 2028 is effectively 0%, indicating overall stability.
Future trends to watch for include potential policy changes that might affect LPG production or import quotas, technological advancements in alternative energy sources that may impact LPG demand, and shifts in urbanization trends that could either increase or decrease urban LPG consumption.
