Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Panama - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Panama (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Panama

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Panama (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $11,106 per ton, declining by -7.1% against the previous year. In general, the import price, however, showed a resilient increase. The pace of growth was the most pronounced in 2019 an increase of 41%. The import price peaked at $11,957 per ton in 2021, and then contracted in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for China amounted to +12.1% per year.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Panama

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses imported into Panama surged to 2 tons, increasing by 508% on the previous year's figure. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $22K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.20.50.122.0379.1%
China4.16.33.8N/A-3.7%
OthersN/AN/A0.1N/A0%
Total4.36.83.922.072.3%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Panama in 2022:

  1. United States (2.0 tons)

Source: IndexBox Market Intelligence Platform

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