Polypropylene Market - Germany Became the Largest Global Exporter of Polypropylene in Primary Forms, with $2.0B in 2013

Germany dominated on the global polypropylene market. In 2013, Germany exported 1,202 thousand tonnes of polypropylene in primary forms totaling 2,041 million USD, 18% over the previous year. Its primary trading partner was Italy, where it supplied 15.6% of its total polypropylene in primary forms exports in value terms, accounting for 21.5% of total Italy's imports.

Overall, the trade of global polypropylene in primary forms expanded to 25.3 billion USD, with a CAGR of 5.7% from 2007 to 2013. In physical terms, it displayed robust growth, rising from 11,852 thousand tonnes in 2007 to 16,251 thousand tonnes in 2013.

China (21%), Turkey (9%), Italy (6.0%) and Germany (5%) were the leading destinations of polypropylene in primary forms imports in 2013, together making up 40% of global imports. The share of Turkey increased (+2 percentage points), while the share of Mexico illustrated negative dynamics (-2 percentage points).

In 2013, Germany, Belgium and the U.S. were the main global suppliers of polypropylene in primary forms with a combined share of 23% of global exports. However, the fastest growing exporters from 2007 to 2013 were India (+17% per year) and Singapore (+15% per year). This rapid growth allowed India to significantly strengthen its position in the global export structure, from 3% in 2007 to 6% in 2013.

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Source: World: Polypropylene (In Primary Forms) - Market Report. Analysis and Forecast to 2020