North America LPG Prices Movement Q1 2025:

LPG Prices in the United States:

During Q1 2025, LPG prices in the US experienced significant volatility, reaching a peak of 835 USD/MT in March. Extreme cold weather boosted heating demand, while strong export demand and fluctuating domestic consumption further intensified price movements. Additionally, drawdowns in inventories contributed to sharp fluctuations. The LPG Price Index reflects these seasonal and logistical factors, highlighting the dynamic nature of the market during this period.

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Note: The analysis can be customized to meet the specific requirements of the customer.

APAC LPG Prices Movement Q1 2025:

LPG Prices in China:

During Q1 2025, LPG prices in China showed significant volatility, reaching 671 USD/MT in March. This fluctuation was driven by the initial oversupply of butane and propane, followed by rising seasonal heating demand and increased petrochemical consumption. Additionally, shifts in crude oil prices and low inventory levels contributed to market dynamics. According to the PT LPG Price Historical Price Chart, this period reflects these complex factors shaping the regional LPG market trend.

Regional Analysis: The price analysis can be extended to provide detailed LPG price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hong Kong, Singapore, Australia, and New Zealand, among other Asian countries.

MEA LPG Prices Movement Q1 2025:

LPG Prices in Saudi Arabia:

During Q1 2025, LPG prices in Saudi Arabia showed notable fluctuations, reaching 623 USD/MT in March. Early oversupply of butane and propane pushed prices down, but strong seasonal demand for propane caused a mid-quarter rebound. Falling crude oil prices also influenced market dynamics. According to the LPG Price Historical Price Chart, clearly reflects this volatility, highlighting the impact of shifting supply, demand, and crude oil trends on regional LPG prices.

Regional Analysis: The price analysis can be expanded to include detailed LPG price data for a wide range of European countries:

Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Latin America LPG Prices Movement Q1 2025:

LPG Prices in Brazil:

During Q1 2025, according to the LPG Price Historical Price Chart in Brazil fluctuated notably, reaching 750 USD/MT in March due to rising seasonal heating demand amid colder temperatures. Logistical challenges and export disruptions further tightened supply, contributing to increased price volatility. These combined factors significantly impacted the LPG Price Trend in the region, reflecting broader patterns in the South American energy market and highlighting the sensitivity of LPG prices to both demand and supply-side pressures.

Regional Analysis: The price analysis can be extended to provide detailed LPG price information for the following list of countries.

Brazil, Mexico, Argentina, Colombia, Chile, Ecuador, and Peru, among other Latin American countries.

Factors Affecting Liquefied Petroleum Gas (LPG) Price Trend, Index, and Forecast

Crude Oil and Natural Gas Prices: LPG prices closely follow the cost of crude oil and natural gas, its main feedstocks. Rising oil and gas prices directly push LPG prices higher.

Supply Chain and Logistics: Shipping delays, freight costs, and regional supply constraints cause price volatility, especially during periods of high demand or adverse weather.

Seasonal and Industrial Demand: Demand spikes in colder months for heating and from the petrochemical and residential sectors can drive prices up, while lower demand can ease prices.

Geopolitical and Policy Factors: Tensions in producing regions, trade restrictions, and changes in subsidies or tariffs can disrupt supply and influence prices globally.

Regional Market Dynamics: Local supply, import dependency, and government policies create regional price differences and affect the LPG price index.

Pricing Forecast

LPG prices are expected to remain volatile but trend upward through 2025, supported by higher feedstock costs, strong seasonal and industrial demand, and ongoing supply chain and geopolitical challenges. Regional price variations will continue based on local supply, demand, and policy factors.

FAQ of Liquified Petroleum Gas (LPG) Prices and Forecast:

Q1. What is the current trend in LPG prices?

LPG prices are currently experiencing moderate volatility due to fluctuating crude oil prices, regional demand shifts, and seasonal consumption patterns. Prices vary by region but remain elevated compared to early 2024 levels.

Q2. What is the price forecast for LPG in 2025?

LPG prices in 2025 are expected to remain moderately high, influenced by global energy demand, geopolitical factors, and supply chain stability. However, potential shifts in crude oil prices could impact the overall forecast.

Q3. What influences the price of LPG globally?

LPG prices are influenced by crude oil and natural gas prices, regional demand, geopolitical tensions, refining capacity, shipping costs, and seasonal demand fluctuations across major markets.

Q4. Will LPG become cheaper in the future?

LPG prices may decline slightly if crude oil prices stabilize and supply improves. However, ongoing geopolitical risks and rising global energy demand could keep prices elevated.

Q5. What drives LPG price trends?

Key drivers of LPG price trends include crude oil benchmarks, supply-demand imbalances, weather-related demand, export-import activities, and government policies in major consuming regions.

Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors Influencing Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, “LPG Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of LPG price trend, offering key insights into global LPG market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines LPG demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.


About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, the Middle East, and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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