In 2023, China led the global import share of liquefied propane at 25.08%, followed by India (9.73%), Japan (9.54%), and South Korea (7.37%). Notable increases were observed in the United Arab Emirates (61.73%) and Malta (22.01%), while significant declines occurred in Latvia (-16.2%) and Russia (-12.08%). Latin American countries such as Mexico and Brazil showed modest growth in import values. Among European nations, Italy and Germany lagged behind slightly, with decreases of -0.54% and -1.53%, respectively.
Emerging markets like Bangladesh (2.49%) and Colombia (4.64%) demonstrated steady growth. However, import shares from regions such as Slovakia and Switzerland experienced declines of -1.55% and -9.89%, respectively.
Future trends to watch include growth in Southeast Asian markets like the Philippines and Singapore, potentially increasing their market share. Evolving energy policies and geopolitical factors could also significantly influence the global distribution of liquefied propane imports.
Top countries in Import of Liquefied Propane Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 25.08 | 2023 | +4.94% | +4.63% | View data |
| 2 | 2 India | 9.73 | 2023 | +4.56% | +2.49% | View data |
| 3 | 3 Japan | 9.54 | 2023 | -3.05% | -6.19% | View data |
| 4 | 4 South Korea | 7.37 | 2023 | +2.58% | +1.19% | View data |
| 5 | 5 Mexico | 6.28 | 2023 | +4.16% | +3.24% | View data |
| 6 | 6 United States | 4.59 | 2023 | +0.016% | -1.61% | View data |
| 7 | 7 Indonesia | 4.58 | 2023 | +4.09% | +3.38% | View data |
| 8 | 8 Netherlands | 4.08 | 2023 | +3.26% | +0.68% | View data |
| 9 | 9 Italy | 2.98 | 2023 | +0.5% | -0.54% | View data |
| 10 | 10 Brazil | 2.85 | 2023 | +2.76% | +0.24% | View data |
