North America LPG Price Trends Analysis – Q2 2025

LPG Prices in the United States:

In Q2 2025, LPG Prices in the USA averaged around US$741/MT. The price remained relatively stable due to steady domestic production and storage levels. According to LPG Historical Price Data, U.S. prices generally fluctuate based on seasonal demand, export trends, and crude oil benchmarks, but domestic output often helps cushion sharp price movements.

Get the Real-Time Prices Analysis: https://www.imarcgroup.com/liquified-petroleum-gas-pricing-report/requestsample

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

APAC LPG Price Trends Analysis – Q2 2025

LPG Prices in China:

LPG Prices in China stood at US$680/MT during Q2 2025, supported by growing industrial demand and moderated import costs. As reflected in LPG Historical Price Data, Chinese LPG rates are influenced by global market movements, refining margins, and import reliance, especially during high-demand periods in the petrochemical and residential sectors.

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, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

South Africa LPG Price Trends Analysis – Q2 2025

LPG Prices in South Africa:

In Q2 2025, LPG Prices in South Africa reached US$770/MT, one of the highest among the listed regions. Limited domestic production and high import dependency contributed to elevated pricing. LPG Historical Price Data suggests that South African prices are highly sensitive to currency exchange rates, shipping costs, and international supply chain disruptions.

APAC LPG Price Trends Analysis – Q2 2025

LPG Prices in Japan:

Japan reported LPG Prices of US$607/MT in Q2 2025, driven by stable procurement contracts and consistent consumer demand. Based on LPG Historical Price Data, Japan typically benefits from long-term energy agreements and efficient import systems, helping maintain competitive price levels despite being fully import-reliant for its LPG needs.

LPG Prices in South Korea:

In Q2 2025, LPG Prices in South Korea stood at US$561/MT, the lowest among the tracked regions. This pricing reflects strategic stockpiling and strong trade partnerships with Middle Eastern suppliers. LPG Historical Price Data shows that South Korean prices remain comparatively lower due to favourable logistics, energy policy incentives, and diversified sourcing.

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, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

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

1. 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.
2. Supply Chain and Logistics: Shipping delays, freight costs, and regional supply constraints cause price volatility, especially during periods of high demand or adverse weather.
3. 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.
4. Geopolitical and Policy Factors: Tensions in producing regions, trade restrictions, and changes in subsidies or tariffs can disrupt supply and influence prices globally.
5. 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 highlights 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, as well as pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis, alongside regional insights covering the 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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