LPG Industry
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LPG R&D
LPG R&D LPG Vehicles Market
LPG R&D
Koreans Market
Korea's first LPG vehicle was the LPG bus that ran between Seoul Station and Jeongneung Royal Tomb in 1966. As the use of LPG was allowed for taxis as part of the energy source diversification policy after the 1970s oil crisis, the distribution of LPG vehicles accelerated.
After numerous LPG SUVs were launched and the price competitiveness of LPG enhanced in the 2000s, the number of LPG vehicles peaked at 2.45 million in 2010.
However, the number of registered LPG vehicles has been decreasing every year since diesel vehicles began to be distributed and the LPG SUVs first launched were scrapped. The LPG vehicle market is being revitalized as the restriction on the use of LPG vehicles was abolished as part of the government's particulate matter reduction policy in March 2019.
Annual LPG Vehicles Market
(Unit : Car)
Cartegory |
---|
Passenger Car |
Van |
Truck |
Special |
Total |
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|---|---|
1,995,640 | 1,992,765 | 1,956,361 | 1,903,520 | 1,873,277 | 1,844,929 | 1,828,450 | 1,805,700 | 1,766,781 | 1,722,369 |
206,557 | 171,119 | 139,181 | 113,191 | 92,409 | 79,635 | 71,430 | 67,611 | 65,458 | 64,291 |
189,398 | 172,395 | 161,550 | 150,061 | 138,706 | 128,033 | 121,578 | 122,071 | 128,253 | 131,638 |
393 | 377 | 355 | 322 | 283 | 273 | 262 | 358 | 479 | 726 |
2,391,988 | 2,336,656 | 2,284,447 | 2,167,094 | 2,104,675 | 2,052,870 | 2,021,720 | 1,995,740 | 1,960,971 | 1,919,024 |
Domestic LPG vehicles