The forecasted import of liquefied propane to Australia from 2024 to 2028 indicates a steady growth, with figures estimated to rise from 1.0766 billion kilograms in 2024 to 1.232 billion kilograms in 2028. In 2023, the actual import volume was 1.0355 billion kilograms. The year-on-year growth rate is projected to hover around 3.65% between 2024 and 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is anticipated to be approximately 3.66%.

Future trends to watch for:

Potential shifts in global energy prices could impact import volumes and values.
Domestic production policies and advancements in renewable energy may also influence future propane import trends.
Geopolitical factors and trade agreements could lead to variations in import patterns and costs.