“Global LP Gas consumption rose in 2013 by 2.8pc year on year to over 265mn t/yr — and saw some notable growth success stories”. This according to the 2014 Statistical Review of Global LP Gas.
This report, brought to us by the World LP Gas Association (WLPGA) and Argus, contains the annual LP Gas statistics for 2013 and provides an insightful market overview.
There are many positive signs that demand can grow, but only in particular regions and sectors. In India, although the autogas consumption has begun to rise, the biggest potential market is in the use of LP Gas as a cooking fuel, replacing the massive use of biomass and kerosene in rural areas.
The demand can also be massive in the Sub-Saharan Africa, but there are infrastructures challenges. In this area, the benefits of LP Gas as a clean and available fuel alternative to fire wood, charcoal or biomass in developing countries was well highlighted over the past year.
While the Middle East demand remains focused on the petrochemical sector, the Iraq’s demand for LP Gas as a cooking and heating fuel has been rising strongly.
China’s PDH expansion plans — and as a new source of LP Gas demand — had a modest impact on the international market in 2013.
The European market continued to deal with stubbornly flat domestic demand and an uneven consumption in the autogas sector.
In Latin America one can find different fortunes. While Mexican and Argentinian demand continuing to reduce, Brazil, Panama, and Peru saw steady demand increases.
The following graphic shows the LP Gas demand through 2003 to 2013.