| Product Code: ETC088494 | Publication Date: Jun 2021 | Updated Date: Feb 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Australia`s propane import trend showed a growth rate of 2.86% from 2023 to 2024, with a compound annual growth rate (CAGR) of 11.38% from 2020 to 2024. This upward trajectory can be attributed to increasing industrial demand and stable trade policies during this period.

The propane market in Australia benefits from its use as a fuel for residential, commercial, and industrial applications. It is a preferred energy source for cooking, heating, and transportation, particularly in remote and off-grid areas. The growing focus on clean energy and LPG adoption supports market growth, while pricing fluctuations and regulatory policies affect supply stability.
The propane market in Australia is witnessing growth due to its applications in residential heating, industrial processes, and transportation. With an increasing focus on cleaner energy sources, propane is gaining traction as an efficient and relatively low-emission fuel. Government incentives and expanding infrastructure for LPG distribution are supporting market growth.
The propane market in Australia is impacted by fluctuating crude oil and natural gas prices, affecting production costs. Strict regulations on storage and transportation also pose challenges. Additionally, seasonal demand variations create inventory management difficulties for suppliers.
Australias propane market is growing due to its use in residential heating, industrial applications, and transportation. Investors can explore opportunities in propane distribution networks, storage solutions, and eco-friendly propane alternatives to align with sustainability goals. The expanding autogas sector also presents a promising investment avenue.
The propane market in Australia is governed by energy sector regulations focusing on safety, supply stability, and environmental impact. The government enforces strict storage, transportation, and usage guidelines for propane through hazardous goods regulations. Energy policies encourage the adoption of propane as a cleaner alternative to traditional fossil fuels, with incentives for industries and households transitioning to liquefied petroleum gas (LPG). Trade policies regulate propane imports and exports, ensuring compliance with international energy agreements and domestic demand stability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Propane Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Propane Market Revenues & Volume, 2022 & 2032F |
3.3 Australia Propane Market - Industry Life Cycle |
3.4 Australia Propane Market - Porter's Five Forces |
3.5 Australia Propane Market Revenues & Volume Share, By Applications, 2022 & 2032F |
4 Australia Propane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for propane as a clean and efficient energy source in residential and commercial sectors. |
4.2.2 Growth in the construction industry leading to higher use of propane for heating and cooking purposes. |
4.2.3 Government initiatives promoting the use of propane as a more environmentally friendly alternative fuel. |
4.3 Market Restraints |
4.3.1 Fluctuations in propane prices due to global supply and demand dynamics. |
4.3.2 Competition from other alternative fuels such as natural gas and electricity. |
4.3.3 Regulatory challenges and compliance requirements impacting the distribution and storage of propane. |
5 Australia Propane Market Trends |
6 Australia Propane Market, By Types |
6.1 Australia Propane Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Australia Propane Market Revenues & Volume, By Applications, 2022-2032F |
6.1.3 Australia Propane Market Revenues & Volume, By Industrial, 2022-2032F |
6.1.4 Australia Propane Market Revenues & Volume, By Commercial, 2022-2032F |
6.1.5 Australia Propane Market Revenues & Volume, By Residential, 2022-2032F |
6.1.6 Australia Propane Market Revenues & Volume, By Transportation, 2022-2032F |
6.1.7 Australia Propane Market Revenues & Volume, By Agriculture, 2022-2032F |
6.1.8 Australia Propane Market Revenues & Volume, By Chemicals and Refineries, 2022-2032F |
7 Australia Propane Market Import-Export Trade Statistics |
7.1 Australia Propane Market Export to Major Countries |
7.2 Australia Propane Market Imports from Major Countries |
8 Australia Propane Market Key Performance Indicators |
8.1 Number of new residential and commercial propane installations. |
8.2 Percentage increase in propane usage in the construction industry. |
8.3 Adoption rate of government incentives and subsidies for propane use. |
8.4 Propane storage capacity utilization rate. |
8.5 Number of propane distributors expanding their market reach. |
9 Australia Propane Market - Opportunity Assessment |
9.1 Australia Propane Market Opportunity Assessment, By Applications, 2022 & 2032F |
10 Australia Propane Market - Competitive Landscape |
10.1 Australia Propane Market Revenue Share, By Companies, 2032 |
10.2 Australia Propane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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