LPG Market Outlook: India demand growth to slow, but remain strong
LPG Market Outlook
January 2021
Demand in India is forecast to continue rising from 26 MMt/y in 2019 to 29 MMt/y by 2022. Demand grew by 5% in 2020 to 27.6 MMt/y due to the Covid-19 lockdowns as more LPG was used as cooking fuel while residents stayed home. Looking ahead, growth in demand is expected to slow to roughly 1.5% in 2021.
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