North America LPG Price Index Analysis – Q2 2025
LPG Prices in the United States:
In Q2 2025, LPG prices in the USA averaged around US$741/MT, supported by strong demand in the residential and petrochemical sectors. The LPG Price Trend reflects how steady domestic production helped balance seasonal consumption needs. According to the LPG Price Chart 2025, U.S. prices stayed relatively stable, positioning the country as a key supplier while maintaining competitiveness against other global markets.
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APAC LPG Price Index Analysis – Q2 2025
LPG Prices in China:
China recorded LPG prices at US$680/MT in Q2 2025, shaped by strong industrial usage and growing demand from the residential energy sector. The LPG Price Trend indicates modest price movements, influenced by domestic output and international imports. Insights from the LPG Price Chart 2025 reveal that China’s prices remained competitive compared to other Asian markets, supporting steady procurement and keeping overall costs under control for consumers and industries.
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.
South Africa LPG Price Index Analysis – Q2 2025
LPG Prices in South Africa:
South Africa’s LPG prices averaged US$770/MT in Q2 2025, among the highest levels globally, mainly due to reliance on imports and logistical challenges. The LPG Price Trend highlights moderate price pressures driven by limited supply chains and currency fluctuations. The LPG Price Chart 2025 shows that South Africa’s LPG market often experiences higher volatility, with prices reflecting regional supply-demand gaps and import-driven cost structures.
APAC LPG Price Index Analysis – Q2 2025
LPG Prices in Japan:
Japan reported LPG prices of US$607/MT in Q2 2025, reflecting one of the lower averages among global markets. The LPG Price Trend shows stability, supported by consistent imports and controlled demand in residential and industrial sectors. As seen in the LPG Price Chart 2025, Japan benefited from stable supply agreements, which kept prices competitive and ensured steady energy availability for consumers and businesses alike.
LPG Prices in South Korea:
In South Korea, LPG prices averaged US$561/MT during Q2 2025, marking the lowest level among the regions compared. The LPG Price Trend indicates price softness, influenced by efficient import strategies and balanced demand. According to the LPG Price Chart 2025, South Korea’s LPG market remained stable, offering cost advantages that supported industrial buyers and residential energy use, making it a competitive hub in the Asia-Pacific region.
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.
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, their 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 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.
LPG Pricing Forecast 2025:
According to the LPG Price Forecast 2025 Data, 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.
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 the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
FAQ of Liquified Petroleum Gas (LPG) Prices and Forecast:
What are the current LPG Prices in Q2 2025?
In Q2 2025, LPG Prices ranged from US$561/MT in South Korea to US$770/MT in South Africa, reflecting regional supply-demand differences.
How does LPG Historical Price Data help in forecasting future trends?
LPG Historical Price Data provides insights into past market movements, seasonal demand patterns, and global price fluctuations, helping businesses forecast future LPG prices.
Why are LPG Prices different across regions?
LPG Prices vary due to crude oil costs, local supply chains, import dependency, government subsidies, and regional demand conditions.
What factors will influence the LPG Price Forecast 2025?
Key drivers include crude oil benchmarks, seasonal heating demand, petrochemical consumption, geopolitical tensions, and supply chain disruptions.
How can I access detailed LPG price reports and forecasts?
You can request customized LPG price reports, including regional trends, historical data, and forecasts, directly from industry experts.
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 the 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 examining the intricate relationship between supply and demand, the prices report reveals key factors that influence 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, as well as 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, and 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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