The 2023 data for global import of liquefied propane reveals China as the leading importer, followed by India and Japan. Notably, China's continued growth in propane imports illustrates a consistent rise, whereas Japan's imports have declined. The United States also shows a notable decline, while emerging markets like India, Indonesia, and Mexico exhibit positive growth, contributing to an evolving landscape. Smaller countries such as Malta and Armenia have demonstrated remarkable growth percentages year-on-year, despite their smaller import volumes.
Looking into future trends, Asia will likely continue dominating the import scene, driven by rising industrial and residential demand in China and India. However, the fluctuating energy policies and economic shifts in different regions could alter import dynamics, making it essential to monitor policy changes and market developments that could impact supply chain stability and international trade balances.
Top countries in Import of Liquefied Propane by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,900,600,000 | 2023 | +4.94% | +4.63% | View data |
| 2 | 2 India | 3,840,900,000 | 2023 | +4.56% | +2.49% | View data |
| 3 | 3 Japan | 3,767,600,000 | 2023 | -3.05% | -6.19% | View data |
| 4 | 4 South Korea | 2,909,000,000 | 2023 | +2.58% | +1.19% | View data |
| 5 | 5 Mexico | 2,477,900,000 | 2023 | +4.16% | +3.24% | View data |
| 6 | 6 United States | 1,812,300,000 | 2023 | +0.016% | -1.61% | View data |
| 7 | 7 Indonesia | 1,807,700,000 | 2023 | +4.09% | +3.38% | View data |
| 8 | 8 Netherlands | 1,611,700,000 | 2023 | +3.26% | +0.68% | View data |
| 9 | 9 Italy | 1,176,900,000 | 2023 | +0.5% | -0.54% | View data |
| 10 | 10 Brazil | 1,126,400,000 | 2023 | +2.76% | +0.24% | View data |
