Ecuador LPG Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export , 2015-2030
Ecuador’s LPG industry demand stood at 5.5 Million Tonnes in 2020 and is forecast to reach 9.66 Million Tonnes by 2030, growing at a healthy CAGR of 5.74% until 2030. Ecuador is the second-largest consumer of the overall LPG consumed in Latin America. In addition to its relatively strong demand from residential households, the Ecuadorian government has been strongly promoting local automotive agencies to move towards a more environmentally friendly vehicle fleet and invest in the development of Autogas in the country. This move is anticipated to strongly drive the nation’s LPG demand in the forecast period. Due to the onset of COVID-19, the demand for LPG for commercial use declined. However, the demand for LPG in residential spaces witnessed growth owing to the restrictions and lockdown imposed by the leading authorities.
Under this subscription, you would be able to access the Ecuador LPG market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to LPG.
Years Considered for Analysis:
Historical Years: 2015 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
Deliverables
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook