The forecast for the import of liquefied propane to China from 2024 to 2028 shows a steady growth in volume. In 2024, China's import volume is predicted to be 18.5 billion kilograms, increasing to 21.884 billion kilograms by 2028. This marks a compound annual growth rate (CAGR) that reflects average yearly growth over this period, indicating a robust upward trend in demand.
Future trends to watch for include:
- China's continued industrial growth and its impact on propane demand.
- Global economic conditions affecting propane supply and trade dynamics.
- Potential advancements in alternative energy sources and technologies.