The world's major propane producing countries include the United States, Qatar, the United Arab Emirates, Saudi Arabia, etc. According to the analyst, the United States is the world's largest propane producer and exporter, accounting for more than 50% of the world's total production, and has become the world's largest propane exporter in the past few years. Propane in the United States is mainly produced by natural gas processing plants and refineries. Next are Qatar, Saudi Arabia, the United Arab Emirates and other Middle Eastern countries.
In recent years, with the development of Mexico's economy, especially the booming automobile industry and other manufacturing industries, the demand for propane in Mexico has continued to grow. According to the analyst, propane is widely used as a fuel in Mexico, especially in some industrial and household fields. In addition, the Mexican government promotes the use of propane as a vehicle fuel, especially in urban areas such as Mexico City where air pollution is a serious problem, which has promoted the rise in the demand for propane in Mexico.
The main local producer of propane in Mexico is the national oil company Pemex. Although the local production of propane in Mexico continues to grow, due to the high growth rate of the Mexican propane market demand, the production of propane in Mexico is not enough to meet the domestic market demand. Therefore, Mexico needs to import a large amount of propane every year. According to the data, the import value of propane in Mexico reached US$1.848 billion in 2024, an increase of 10.5% over 2023. It is expected to continue to grow in the next few years.
According to the analyst, the main import sources of Mexican propane from 2021 to 2024 are the United States, Canada and China. The United States is the largest source of propane imports to Mexico. The main companies exporting propane to Mexico from 2021 to 2024 include TGO LTD, PARCELMOBI S A DE C V., ZHEJIANG YONGHE REFRIGERANT CO LTD and other companies. The main importers of Mexican propane from 2021 to 2024 are mainly local energy companies.
According to the forecast, as Mexico's population grows and industrialization progresses, the Mexican propane market will continue to grow. However, due to the limited local propane production capacity in Mexico, the Mexican propane market will rely on imported products for a long time, and it is expected that Mexican propane imports will continue to grow in the next few years. The analyst recommends that global energy industry chain companies should conduct timely research on the Mexican market and prepare for entering the Mexican market.
Topics covered:
- The Import and Export of Propane in Mexico (2021-2024)
- Total Import Volume and Percentage Change of Propane in Mexico (2021-2024)
- Total Import Value and Percentage Change of Propane in Mexico (2021-2024)
- Total Import Value and Percentage Change of Propane in Mexico (January-December 2024)
- Average Import Price of Propane in Mexico (2021-2024)
- Top 10 Sources of Propane Imports in Mexico and Their Supply Volume
- Top 10 Suppliers in the Import Market of Propane in Mexico and Their Supply Volume
- Top 10 Importers of Propane in Mexico and Their Import Volume
- How to Find Distributors and End Users of Propane in Mexico
- How Foreign Enterprises Enter the Propane Market of Mexico
- Forecast for the Import of Propane in Mexico (2025-2034)
Table of Contents
Companies Mentioned
- Tgo Ltd
- Parcelmobi S A De C V
- Zhejiang Yonghe Refrigerant Co Ltd
- Pemex Transformacion Industrial
- Movenergy, S A De C V
- Texmexgas S A De C V
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 1.95 Billion |
| Forecasted Market Value ( USD | $ 3.23 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Mexico |
| No. of Companies Mentioned | 6 |
