The forecast data for China's import of liquefied propane shows a steady year-on-year increase from 2024 through 2028. The import value is projected to grow from $10.412 billion in 2024 to $12.335 billion in 2028. This suggests a consistent upward trajectory in demand. In comparison, evidencing a sustaining annual average increase over the five-year period.
Future trends to watch for:
- Shifts in global energy policies that may affect propane supply and pricing.
- China's domestic energy consumption patterns and technological advancements in energy efficiency.
- Potential geopolitical factors influencing trade routes and supply chains.
- Environmental policies promoting or deterring the use of fossil fuels like propane.