Highlights
In 2024, China’s propane market was still expanding. The demand growth caused by the expanding PDH was still notable, which not only lifted the propane import volume but also attracted more market players. With China’s propane supply and demand increasing, the supply and demand pattern was gradually changing.
PDH has become the absolute major downstream of propane, and the propane chemical property has been increasing. With the expansion of PDH capacity, the relevance between propylene price and propane price increased notably, and the PDH unit profitability and fluctuations became increasingly influential on the propane market. The growth of chemical demand supported the domestic propane price, while on the other hand, the poor profitability of downstream suppressed the propane price.
In 2024, China’s propane prices were stuck in a dilemma of rising and falling, and the fluctuation range narrowed notably. In the future, the Chinese propane industry will still be in a fast-developing stage in 2025, but with limited industry profits, it may be difficult to maintain the high-speed development of supply and demand. The bottlenecks of the entire industry are gradually emerging, and propane industry players will face more challenges. How to break the deadlock of the industry? Where is the direction of future propane industry development?
An annual report can reveal the changes over the past 10 years. SCI’s propane market annual report relies on daily tracking of fundamental data and authoritative data from relevant departments to conduct a thorough analysis of the past 5 years' history and make predictions for the next 5 years' market trend from various angles, including macro environment, industry policies, supply and demand changes, etc. It provides comprehensive data reference for market participants and enables investors to make informed decisions based on solid data in the rapidly changing market conditions.
Report Value
1. Conduct supply-and-demand balance analysis from various dimensions, including total volume and regional changes, to gain a deep understanding of the changes and trends in propane supply and demand.
2. Based on a comprehensive and detailed long-term data foundation, analyze the development characteristics of the propane industry and provide entry market reference for industry players.
3. Provide a comprehensive analysis of the changing propane consumption patterns, and gain an in-depth understanding of the future development of the propane industry chain and value chain distribution.
4. Analyze the driving factors of propane prices in the past 5 years and future price changes from multiple dimensions, and make predictions about future market development.
Related Products Annual Reports:
2024-2025 China LPG Market Annual Report
2024-2025 China Butane Market Annual Report
2024-2025 China Alkylate Market Annual Report
2024-2025 China MTBE Market Annual Report
Contents
Part 1 China Propane Market Overview
Part 2 2020-2024 China Propane Supply-Demand Balance Analysis
2.1 2020-2024 Supply-Demand Balance Trend Analysis
2.2 2024 China Butane Monthly Supply-Demand Balance and Price Relationship Analysis
Part 3 Propane Supply Pattern and Variation Trend Analysis
3.1 2024 Global Propane Output Analysis
3.1.1 Global Propane Output Regional Layout
3.1.2 2024 Global Propane Resource Flow Analysis
3.2 2020-2024 China Propane Output Variation Analysis
3.2.1 2020-2024 China Propane Output Analysis
3.2.1.1 China Propane Annual Output Variation Trend Analysis
3.2.1.2 China Propane Annual Output Variation and Analysis by Region
3.2.2 2024 China Propane Production Feature and Reason Analysis
3.2.2.1 2024 China Propane Monthly Output Variation Characteristics and Influence Analysis
3.2.2.2 2024 China Propane Production High-Frequency Data Feature Analysis
3.2.3 2024 China Propane Resource Flow Analysis
3.3 2020-2024 China Propane Import Market Analysis
3.3.1 2020-2024 China Propane Import Volume Analysis
3.3.1.1 2023 China Propane Import Volume Trend Analysis
3.3.1.2 2023 China Propane Import Structure Analysis by Trade Partner
3.3.1.3 2023 China Propane Import Structure Analysis by Enterprise Registration Place
3.3.2 2024 China Propane Import Volume Variation Analysis
3.3.2.1 China Ethylene Monthly Import Volume and Characteristics Analysis
3.3.2.2 2024 Influence of Import on China Total Propane Supply Analysis
3.4 2024 China Propane Inventory Level Analysis
3.4.1 Propane Inventory Variation and Trend Analysis
3.4.1.1 Propane Inventory Level at Producers
3.4.1.2 Propane Inventory Level at Traders
3.4.2 Inventory Level Variation and Price Correlation Feature Analysis
3.4.2.1 Inventory Level Variation Feature and Correlation with Supply and Demand Analysis
3.4.2.2 Inventory Level Variation Feature and Correlation with Price Analysis
3.5 Propane Storage and Logistics Status Analysis
3.6 2025-2029 China Propane Supply Forecast
3.6.1 2025-2029 Total Supply Volume Forecast
3.6.2 2025 Monthly Supply Forecast and Impact Forecast on Price
Part 4 China Propane Demand Pattern and Variation Trend Analysis
4.1 2020-2024 Global Propane Consumption Volume Variation Trend Analysis
4.2 2020-2024 China Propane Consumption Volume Variation Trend Analysis
4.2.1 China Propane Annual Consumption Volume and Variation Trend
4.2.1.1 2020-2024 China Propane Consumption Volume Variation Trend and Analysis
4.2.1.2 2024 China Propane Monthly Consumption Volume Variation and Analysis
4.2.2 China Propane Major Downstream Industry Consumption Volume Variation and Feature Analysis
4.2.3 China Propane Downstream Industry Layout and Regional Consumption Structure Analysis
4.2.4 China Propane Downstream Customer Scale and Demand Variation Analysis
4.2.5 China Propane Downstream Customer Scale in Major Regions Analysis
4.3 2020-2024 China Propane Export Market Analysis
4.3.1 2020-2024 China Propane Export Volume Analysis
4.3.1.1 China Propane Export Volume Trend Analysis
4.3.1.2 2024 China Propane Export Structure Analysis by Trade Partner and Enterprise Registration Place
4.3.2 2024 China Propane Export Volume Variation Analysis
4.3.2.1 Monthly Export Volume and Characteristics Analysis
4.3.2.2 2024 Influence of Export on China Total Propane Demand Analysis
4.4 2025-2029 China Propane Downstream Industry Consumption Growth Forecast
4.5 2025-2029 China Propane Demand Forecast
4.5.1 Domestic Propane Consumption Volume Variation Trend Analysis
4.5.2 China PP Export Volume Forecast
4.6 China Propane Demand Peak and Off Seasons Analysis
4.6.1 China Propane Demand Peak and Off Seasonal Feature Analysis
4.6.2 China Propane Demand Peak and Off Season from the Perspective of Price
Part 5 Propane Price Trend Analysis
5.1 International Propane Price Analysis
5.1.1 Propane Price Trend and Feature in Major Region Analysis
5.1.2 China and International Propane Price Spread Feature and Influence Analysis
5.2 China Propane Market Price Analysis
5.2.1 Propane Price Variation Feature Analysis
5.2.1.1 Overall Propane Price Trend Feature Analysis
5.2.1.2 Propane Price Characteristics in Major Regions and Arbitrage Analysis
5.2.2 2024 China Propane Price Seasonality Analysis
5.3 Related Product Price Co-Movement Analysis
5.3.1 Crude Oil and Propane Price Co-Movement Analysis
5.3.2 Propylene and Propane Price Co-Movement Analysis
5.3.3 Propane and Civil-Use LPG Price Co-Movement Analysis
Part 6 Industry Competition Pattern and Participant Behavior Change Analysis
6.1 Propane Industry Competition Pattern Variation and Trend Analysis
6.2 Value Chain Analysis and Forecast
6.3 SCI Monitoring Enterprise Operation Trend Analysis
6.4 Propane Downstream Customer Procurement Key Factor Analysis
6.5 Operation Risks and Barriers Analysis
Part 7 Propane Industry Outlook
7.1 2025-2027 China Propane Price Forecast
7.2 China Propane Price Driver Analysis and Forecast
7.2.1 Impact of Macro Environment on Propane Market Analysis
7.2.2 Impact of Industrial Policy on Propane Market Analysis
7.2.3 2025-2029 China Propane Supply-Demand Balance Forecast
7.2.3.1 2025-2029 China Propane Supply-Demand Balance Trend and Feature Forecast
7.2.3.2 2025 China Monthly Supply-Demand Balance Forecast
7.2.4 2025-2029 China and Global Propane Trade Flow Forecast and Influence Analysis
7.2.4.1 2025-2029 Global Propane Trade Flow Forecast and Influence Analysis
7.2.4.2 2025-2029 China Propane Trade Flow Forecast and Influence Analysis
7.2.5 Related Product Price Co-Movement Forecast
7.3 2025 Major Price Drivers Influence Forecast
Appendix 1 Propane Industry Highlights
Appendix 2 Macro and Industry Policy Update (2024)
Appendix 3 Methodology and Related Definition
Appendix 4 Tables and Charts
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