| Product Code: ETC7481934 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Hong Kong`s liquified petroleum gas (LPG) import market in 2024 saw consistent dominance from top exporters including China, Taiwan, Poland, and the USA. Despite a high concentration with a stable Herfindahl-Hirschman Index (HHI), a notable decline in growth rate from 2023 to 2024 was observed at -16.99%. Nevertheless, the compound annual growth rate (CAGR) from 2020 to 2024 stood strong at 15.37%, indicating a steady expansion in the market over the past few years. This suggests a resilient and growing demand for LPG in Hong Kong.

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 Hong Kong Liquified Petroleum Gas (LPG) Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Liquified Petroleum Gas (LPG) Market - Industry Life Cycle |
3.4 Hong Kong Liquified Petroleum Gas (LPG) Market - Porter's Five Forces |
3.5 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume Share, By Source of Production, 2021 & 2031F |
3.6 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Liquified Petroleum Gas (LPG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and industrialization in Hong Kong leading to higher demand for LPG. |
4.2.2 Government initiatives promoting the use of cleaner energy sources like LPG to reduce air pollution. |
4.2.3 Growing awareness among consumers about the environmental benefits of using LPG over traditional fuels. |
4.3 Market Restraints |
4.3.1 Fluctuating global oil prices impacting the cost of LPG imports. |
4.3.2 Limited storage and distribution infrastructure for LPG in Hong Kong. |
4.3.3 Competition from alternative energy sources such as natural gas and renewables. |
5 Hong Kong Liquified Petroleum Gas (LPG) Market Trends |
6 Hong Kong Liquified Petroleum Gas (LPG) Market, By Types |
6.1 Hong Kong Liquified Petroleum Gas (LPG) Market, By Source of Production |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume, By Source of Production, 2021- 2031F |
6.1.3 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume, By Crude Oil, 2021- 2031F |
6.1.4 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume, By Natural Gas Liquids, 2021- 2031F |
6.2 Hong Kong Liquified Petroleum Gas (LPG) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume, By Residential & Commercial, 2021- 2031F |
6.2.3 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume, By Auto Fuels, 2021- 2031F |
6.2.5 Hong Kong Liquified Petroleum Gas (LPG) Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Hong Kong Liquified Petroleum Gas (LPG) Market Import-Export Trade Statistics |
7.1 Hong Kong Liquified Petroleum Gas (LPG) Market Export to Major Countries |
7.2 Hong Kong Liquified Petroleum Gas (LPG) Market Imports from Major Countries |
8 Hong Kong Liquified Petroleum Gas (LPG) Market Key Performance Indicators |
8.1 Number of new LPG applications for industrial and commercial purposes in Hong Kong. |
8.2 Percentage increase in LPG consumption for household heating and cooking. |
8.3 Investment in LPG infrastructure development and expansion projects in Hong Kong. |
8.4 Number of government policies and regulations supporting the use of LPG in Hong Kong. |
8.5 Average carbon emissions reduction per capita attributed to the use of LPG compared to other fuel sources in Hong Kong. |
9 Hong Kong Liquified Petroleum Gas (LPG) Market - Opportunity Assessment |
9.1 Hong Kong Liquified Petroleum Gas (LPG) Market Opportunity Assessment, By Source of Production, 2021 & 2031F |
9.2 Hong Kong Liquified Petroleum Gas (LPG) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Liquified Petroleum Gas (LPG) Market - Competitive Landscape |
10.1 Hong Kong Liquified Petroleum Gas (LPG) Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Liquified Petroleum Gas (LPG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |