Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka - 2022
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka (CIF) - 2022
The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,098 per ton in 2022, dropping by -17.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2021 when the average import price increased by 42%. Over the period under review, average import prices hit record highs at $1,665 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1,646 per ton), while the price for Japan ($459 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $2,860 per ton, growing by 47% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.8% per year.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka
After three years of growth, purchases abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -21.3% to 14K tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 18K tons, and then dropped remarkably in the following year.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses declined remarkably to $15M in 2022. Over the period under review, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 80%. As a result, imports attained the peak of $23M, and then fell sharply in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.8 | 5.3 | 10.2 | 5.7 | 5.9% |
| Saudi Arabia | 4.6 | 3.0 | 5.7 | 4.9 | 2.1% |
| South Korea | 0.4 | 0.8 | 1.4 | 1.7 | 62.0% |
| Singapore | 1.3 | 1.7 | 1.8 | 0.9 | -11.5% |
| Malaysia | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Thailand | 2.3 | 1.1 | 2.1 | 0.4 | -44.2% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.8 | 0.3 | 0.0% |
| China | N/A | 0.1 | 0.4 | 0.3 | 73.2% |
| Japan | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 0.5 | 0.5 | 0.6 | 0.2 | -26.3% |
| Total | 14.5 | 13.0 | 23.5 | 15.2 | 1.6% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Sri Lanka in 2022:
- Saudi Arabia (5.6K tons)
- United Arab Emirates (4.7K tons)
- South Korea (1.1K tons)
- Singapore (0.7K tons)
- Japan (0.5K tons)
- Malaysia (0.3K tons)
- China (0.3K tons)
- Thailand (0.3K tons)
- Taiwan (Chinese) (0.1K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in overseas shipments of propylene, other olefin polymers; propylene copolymers in primary formses, which decreased by -96.2% to 50 kg in 2022. Overall, exports recorded a precipitous shrinkage. The smallest decline of -1.3% was in 2020.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses shrank rapidly to $143 in 2022. In general, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 291 | 600 | 290 | 143 | -21.1% |
| Switzerland | 765 | N/A | N/A | N/A | 0% |
| China | 5.0 | 6.0 | 485 | N/A | 884.9% |
| Austria | N/A | N/A | 823 | N/A | 0% |
| Taiwan (Chinese) | 467 | 1,440 | 966 | N/A | 43.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,528 | 2,046 | 2,564 | 143 | -54.6% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Sri Lanka in 2022:
- India (50.0 kg)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Sri Lanka.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Sri Lanka.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Sri Lanka.
439
This report provides an in-depth analysis of the market for polypropylene in primary forms in Sri Lanka.
48
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
951
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
143
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
299
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
684
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
