| Product Code: ETC8151948 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives` LPG tanker import market saw a shift in concentration levels from high to moderate in 2024, indicating a more balanced competitive landscape. Despite a negative CAGR of -11.36% from 2020 to 2024, the decline in growth rate improved slightly to -3.74% in 2024. Top exporting countries such as Japan, China, Thailand, Singapore, and the UK continue to play a significant role in supplying LPG to the Maldives. This data suggests potential opportunities for market players to adapt to changing dynamics and enhance their market position in the region.

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 Maldives LPG Tanker Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives LPG Tanker Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives LPG Tanker Market - Industry Life Cycle |
3.4 Maldives LPG Tanker Market - Porter's Five Forces |
3.5 Maldives LPG Tanker Market Revenues & Volume Share, By Vessel Size, 2021 & 2031F |
3.6 Maldives LPG Tanker Market Revenues & Volume Share, By Refrigeration & Pressurization, 2021 & 2031F |
4 Maldives LPG Tanker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for LPG as a clean energy source in the Maldives |
4.2.2 Government initiatives promoting the use of LPG for cooking and transportation |
4.2.3 Growth in tourism industry leading to higher demand for LPG for hotels and resorts |
4.3 Market Restraints |
4.3.1 High initial investment cost for setting up LPG infrastructure in the Maldives |
4.3.2 Limited distribution network for LPG supply in remote islands |
4.3.3 Dependency on imports for LPG supply, leading to potential supply chain disruptions |
5 Maldives LPG Tanker Market Trends |
6 Maldives LPG Tanker Market, By Types |
6.1 Maldives LPG Tanker Market, By Vessel Size |
6.1.1 Overview and Analysis |
6.1.2 Maldives LPG Tanker Market Revenues & Volume, By Vessel Size, 2021- 2031F |
6.1.3 Maldives LPG Tanker Market Revenues & Volume, By Very Large Gas Carriers (VLGC), 2021- 2031F |
6.1.4 Maldives LPG Tanker Market Revenues & Volume, By Large Gas Carriers (LGC), 2021- 2031F |
6.1.5 Maldives LPG Tanker Market Revenues & Volume, By Medium Gas Carriers (MGC), 2021- 2031F |
6.1.6 Maldives LPG Tanker Market Revenues & Volume, By Small Gas Carriers (SGC), 2021- 2031F |
6.2 Maldives LPG Tanker Market, By Refrigeration & Pressurization |
6.2.1 Overview and Analysis |
6.2.2 Maldives LPG Tanker Market Revenues & Volume, By Ethylene, 2021- 2031F |
6.2.3 Maldives LPG Tanker Market Revenues & Volume, By Full Refrigerated, 2021- 2031F |
6.2.4 Maldives LPG Tanker Market Revenues & Volume, By Semi Refrigerated, 2021- 2031F |
6.2.5 Maldives LPG Tanker Market Revenues & Volume, By Full Pressurized, 2021- 2031F |
7 Maldives LPG Tanker Market Import-Export Trade Statistics |
7.1 Maldives LPG Tanker Market Export to Major Countries |
7.2 Maldives LPG Tanker Market Imports from Major Countries |
8 Maldives LPG Tanker Market Key Performance Indicators |
8.1 Number of new LPG infrastructure projects initiated in the Maldives |
8.2 Percentage increase in LPG consumption for cooking and transportation |
8.3 Growth in the number of LPG-powered vehicles in the Maldives |
8.4 Average distance traveled by LPG tankers for distribution |
8.5 Number of hotels and resorts switching to LPG for energy needs |
9 Maldives LPG Tanker Market - Opportunity Assessment |
9.1 Maldives LPG Tanker Market Opportunity Assessment, By Vessel Size, 2021 & 2031F |
9.2 Maldives LPG Tanker Market Opportunity Assessment, By Refrigeration & Pressurization, 2021 & 2031F |
10 Maldives LPG Tanker Market - Competitive Landscape |
10.1 Maldives LPG Tanker Market Revenue Share, By Companies, 2024 |
10.2 Maldives LPG Tanker 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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