LPG Market Outlook: Global exports to rise as petchem demand grows
LPG Market Outlook
March 2021
Global exports are forecast to rise from 112 MMt/y in 2020 to 120 MMt/y by 2022. US exports are forecast to increase by 3.2 MMt in the forecast period while Middle East exports are expected to see some moderate growth and return to levels seen before 2018. The 7% increase in global exports is also supported by incremental growth from several smaller exporters like Algeria, Canada, and Australia.
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