Propane Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition
Propane Price Trend, Index and Forecast
Track the latest insights on propane price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Propane Prices Outlook Q2 2026:
- China: USD 690/MT
- USA: USD 675/MT
- India: USD 740/MT
- Japan: USD 715/MT
- Saudi Arabia: USD 630/MT
Propane Price Chart
Get real-time access to monthly/quarterly/yearly prices Request Sample
During the second quarter of 2026, the propane prices in China reached 690 USD/MT in June. Prices moved lower from the previous quarter as domestic demand from petrochemical units remained cautious and buyers limited fresh spot purchases. Softer downstream consumption from propane dehydrogenation units reduced procurement urgency, while adequate import arrivals helped maintain comfortable availability.
During the second quarter of 2026, the propane prices in the USA reached 675 USD/MT in June. Prices declined compared with the previous quarter as domestic supply remained steady and export availability improved. Production from natural gas liquids streams supported inventory levels, while seasonal demand from heating applications weakened after the colder months. Petrochemical buyers showed selective interest, with many participants avoiding large volume commitments amid softer regional market sentiment.
During the second quarter of 2026, the propane prices in India reached 740 USD/MT in June. Prices moved down as import supply improved and downstream buyers resisted higher offers. Demand from household, commercial, and industrial fuel segments remained steady, but procurement activity was largely limited to immediate requirements. Buyers avoided excess stocking due to softer international indications and expectations of continued availability.
During the second quarter of 2026, the propane prices in Japan reached 715 USD/MT in June. Prices declined as demand from residential and commercial heating applications eased with seasonal changes. Industrial users maintained disciplined purchasing, while petrochemical buyers showed limited urgency amid softer feedstock economics. Import availability remained adequate, supported by steady cargo movement from key suppliers.
During the second quarter of 2026, the propane prices in Saudi Arabia reached 630 USD/MT in June. Prices decreased as regional supply remained available and export linked demand showed uneven momentum. Domestic consumption from industrial and fuel applications was stable, but it did not create strong upward pressure on the market. Buyers across importing regions negotiated cautiously, which affected export sentiment from the Middle East.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing propane prices.
Europe Propane Price Trend
Q2 2026:
In Europe, the propane price index showed a softer trend as demand from heating and commercial fuel applications weakened after the seasonal peak. Buyers across the region reduced spot procurement and relied more on existing inventories. Industrial consumption remained moderate, with many end users managing purchases carefully due to uncertain energy costs and slower downstream activity. Supply availability from imports and regional channels remained sufficient, which limited upward price pressure. The market also reacted to changing freight patterns and wider LPG trade uncertainty, but these factors created short term volatility rather than a sustained price rise.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Propane Price Trend
Q2 2026:
In North America, the propane price index remained under downward pressure as domestic production from natural gas liquids streams supported steady availability. Seasonal heating demand weakened, reducing consumption from residential and commercial users. Export activity offered some support, particularly where overseas buyers looked for reliable cargoes, but local market fundamentals remained comfortable. Storage levels and steady logistics helped limit supply tightness, while petrochemical demand stayed mixed due to feedstock competition.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Propane Price Trend
Q2 2026:
In the Middle East and Africa, propane prices followed a softer trend during the second quarter of 2026. Middle Eastern producers maintained regular supply, while export demand from Asian and African buyers remained cautious. Geopolitical tensions kept market participants alert, but available regional cargoes reduced the chance of sustained price gains. In Africa, demand from household fuel, commercial users, and industrial applications remained stable, yet affordability concerns limited stronger procurement.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Propane Price Trend
Q2 2026:
In Asia Pacific, propane prices declined as major consuming countries saw weaker procurement interest and adequate cargo availability. China, India, and Japan recorded downward price movement as buyers reduced stock building and focused on near term needs. Petrochemical demand remained cautious, especially from propane dehydrogenation and cracking units, where feedstock economics influenced operating decisions. Seasonal demand also weakened in several markets, reducing fuel consumption from residential and commercial segments.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Propane Price Trend
Q2 2026:
The market for propane in Latin America is primarily driven by the region's abundant natural resources, especially in nations like Chile and Brazil. However, propane prices might fluctuate significantly due to different regulatory regimes and political unpredictability.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Propane Pricing Report, Market Analysis, and News
IMARC's latest publication, “Propane Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” presents a detailed examination of the propane market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of propane at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed propane prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting propane pricing, such as the dynamics of supply and demand, geopolitical influences, and sector specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Propane Industry Analysis
The global propane industry size reached 193.8 Million Tons in 2025. By 2034, IMARC Group expects the market to reach 260.5 Million Tons, at a projected CAGR of 3.24% during 2026-2034. Market expansion is supported by its use as a clean burning fuel, rising demand from petrochemical feedstock applications, and expanding consumption in residential, commercial, agricultural, and industrial energy needs.
Latest News and Developments:
- June 2026: Gujarat Energy Ltd (GEL), India’s largest city gas distribution company and a major LNG importer, is evaluating the development of dedicated port infrastructure in Gujarat for propane imports and storage. The company has initiated discussions with leading suppliers, including Qatar Energy and Saudi Aramco, to secure propane supplies as part of its fuel diversification strategy.
Product Description
Propane is a three carbon alkane with the chemical formula C3H8. It is a colorless gas with no natural odor under normal conditions, though odorants are commonly added to help detect leaks. Propane is usually stored and transported as liquefied petroleum gas under pressure. It has a high energy content, burns relatively cleanly, and is easy to store and distribute, making it suitable for heating, cooking, industrial fuel, agricultural drying, and power backup applications. Propane is also used as a petrochemical feedstock, especially in propane dehydrogenation units for producing propylene. Its low sulfur content, portability, and flexible handling make it important across residential, commercial, transport, and manufacturing sectors.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Propane |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Propane Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of propane pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting propane price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The propane price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Request Customization
Inquire Before Buying
Speak to an Analyst
Request Brochure
Benefits of Customization
- Personalize this research
- Triangulate with your data
- Get data as per your format and definition
- Gain a deeper dive into a specific application, geography, customer, or competitor
- Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-201-971-6302
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: [email protected]
Client Testimonials
.webp)
.webp){kind=logo}
Why Choose Us
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
Robust Methodologies & Extensive Resources
IMARC delivers precise commodity pricing insights using proven methodologies and a wealth of data to support strategic decision-making.
Subscription-Based Databases
Our extensive databases provide detailed commodity pricing, import-export trade statistics, and shipment-level tracking for comprehensive market analysis.
Primary Research-Driven Insights
Through direct supplier surveys and expert interviews, we gather real-time market data to enhance pricing accuracy and trend forecasting.
Extensive Secondary Research
We analyze industry reports, trade publications, and market studies to offer tailored intelligence and actionable commodity market insights.
Trusted by 3000+ industry leaders worldwide to drive data-backed decisions. From global manufacturers to government agencies, our clients rely on us for accurate pricing, deep market intelligence, and forward-looking insights.