The world's major propane producing countries include the United States, Qatar, the United Arab Emirates, Saudi Arabia, etc. India is one of the world's major propane consumer markets, and the downstream market of Indian propane is mainly concentrated in the industrial and civilian fields.
According to the analyst, with the development of India's economy and the growth of its population, the consumption of Indian propane is showing an upward trend. Especially in the fields of chemicals, rubber, medicine, agriculture, etc., propane is an important raw material. In addition, India's automobile industry has developed rapidly in recent years, and the demand for propane has also increased significantly. In the field of fuel, India's demand for propane is also growing.
India's propane production mainly relies on domestic petrochemical companies, such as Indian Oil Corporation. However, due to the limited domestic production of propane in India, it cannot fully meet market demand, so India still needs to import a large amount of propane. According to the data, India's propane imports reached US$6.467 billion in 2024, an increase of about 10.5% year-on-year. With the continued development of India's economy and population growth, it is expected that the demand for propane in India's market will continue to grow in the next few years.
According to the analyst, the Middle East is the main source of propane imports for India. The main sources of propane imports for India from 2021 to 2024 are the United Arab Emirates, Qatar and Saudi Arabia. The United Arab Emirates is India's largest source of propane imports, accounting for about 33% of the entire import market. The main companies exporting this product to India from 2021 to 2024 are energy production and trading companies in Middle Eastern countries. The main importers of propane in India from 2021 to 2024 are mainly local Indian biochemical companies and trading companies.
In general, with the growth of India's population and the continuous development of manufacturing industries such as automobiles, chemicals, and pharmaceuticals, the demand for propane in India is continuing to expand. According to the forecast, due to India's limited local production capacity, India's propane imports will continue to grow in the next few years. The analyst recommends that global energy production and trading companies should conduct research on the Indian market as soon as possible and prepare for the layout of the Indian market.
Topics covered:
- The Import and Export of Propane in India (2021-2024)
- Total Import Volume and Percentage Change of Propane in India (2021-2024)
- Total Import Value and Percentage Change of Propane in India (2021-2024)
- Total Import Value and Percentage Change of Propane in India (January-December 2024)
- Average Import Price of Propane in India (2021-2024)
- Top 10 Sources of Propane Imports in India and Their Supply Volume
- Top 10 Suppliers in the Import Market of Propane in India and Their Supply Volume
- Top 10 Importers of Propane in India and Their Import Volume
- How to Find Distributors and End Users of Propane in India
- How Foreign Enterprises Enter the Propane Market of India
- Forecast for the Import of Propane in India (2025-2034)
Table of Contents
Companies Mentioned
- Adnoc Global Trading Ltd
- Qatar Petroleum For The Sale Of Petroleum Products Co Ltd
- Saudi Arabian Oil Company
- Indian Oil Corporation Limited
- Hindustan Petroleum Corporation
- Bharat Petroleum Corporatltd
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 | $ 6.85 Billion |
| Forecasted Market Value ( USD | $ 11.58 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | India |
| No. of Companies Mentioned | 6 |
