Hydrocarbons & Petroleum Products · Direct
Monitoring · monthlyProcurement Category Intelligence
Natural Gas - JKM
Overview
Market size
$450.0B
global, USD
CAGR
3.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
8 high severity
Market outlook
2031$526.8B
What changed
Demand by region
Japan and South Korea demand40%
China and Taiwan demand35%
South and Southeast Asia demand15%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Feedstock natural gas sourcing45%
Liquefaction processing and facility capital recovery25%
LNG maritime freight and shipping fuel15%
Regasification and terminal throughput fees10%
Trading margins and carbon compliance costs5%
share of delivered cost (analyst estimate)