Commodity Market Report

India product markets 2021 outlook to 2050

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India had a surplus of all key products except LPG in 2020. The country has a large deficit in LPG, which is expected to grow. In the near term, India will continue to export gasoline and diesel because of surpluses from private refiners. However, as a result of strong growth in gasoline demand, the surplus is expected to reduce sharply. The country's oil demand is expected to increase by 5.05 million b/d between 2021 and 2050, becoming the world largest demand growth centre.

Table of contents

Tables and charts

This report includes 11 images and tables including:

  • Liquid road fuel demand
  • Total car parc (passenger vehicle stock)
  • Share of car parc by fuel type
  • India refineries
  • Refinery capacity investments
  • Refinery throughputs and utilisation
  • Crude slate by source 2019
  • Non-refinery supply by product
  • Non-refinery supply by source
  • Historical net product trade
  • Product balances – all supply versus demand

What's included

This report contains:

  • Document

    India.xlsx

    XLSX 1.67 MB

  • Document

    India product markets 2021 outlook to 2050

    PDF 1.02 MB