Question
What is the forecasted annual growth rate for LPG demand
in India according to July 2025 data?Solution
Indian refiners project an annual LPG demand growth rate of 5–6%, which is a crucial factor behind increasing import volumes. Imports are expected to reach 22–23 million tonnes by 2026, up from previous levels. This rising demand justifies India’s push to secure affordable and diverse sources, including from the US, aided by trade shifts such as China's tariffs on US propane.
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