Price for Ethylene Polymers; Waste, Parings and Scrap in Australia - 2024
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Australia (FOB) - 2024
- Price for Ethylene Polymers; Waste, Parings and Scrap in Australia (CIF) - 2022
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Australia
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Australia
Price for Ethylene Polymers; Waste, Parings and Scrap in Australia (FOB) - 2024
The average export price for ethylene polymers; waste, parings and scraps stood at $303 per ton in January 2024, which is down by -6.8% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 31% m-o-m. As a result, the export price reached the peak level of $450 per ton. From May 2023 to January 2024, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In January 2024, the country with the highest price was Vietnam ($312 per ton), while the average price for exports to Malaysia ($295 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ethylene Polymers; Waste, Parings and Scrap in Australia (CIF) - 2022
In 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $914 per ton, increasing by 94% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2016 an increase of 146% against the previous year. The import price peaked at $925 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,375 per ton), while the price for Thailand totaled $708 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+39.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ethylene Polymers; Waste, Parings and Scrap in Australia
In 2022, the amount of ethylene polymers; waste, parings and scraps exported from Australia reduced rapidly to 40K tons, dropping by -37.1% on the year before. Over the period under review, exports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2021 when exports increased by 113% against the previous year. As a result, the exports reached the peak of 64K tons, and then contracted significantly in the following year.
In value terms, exports of ethylene polymers; waste, parings and scraps shrank remarkably to $18M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 266%. As a result, the exports attained the peak of $35M, and then dropped significantly in the following year.
| Export of Ethylene Polymers; Waste, Parings and Scrap in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 3.0 | 2.9 | 7.1 | 7.5 | 35.7% |
| Indonesia | 2.2 | 2.0 | 7.0 | 4.2 | 24.1% |
| Vietnam | 0.3 | 0.4 | 1.1 | 1.7 | 78.3% |
| United States | N/A | 0.6 | 15.2 | 1.4 | 52.8% |
| Taiwan (Chinese) | 0.5 | 0.8 | 0.9 | 0.9 | 21.6% |
| Hong Kong SAR | 0.2 | 0.3 | 0.2 | 0.6 | 44.2% |
| Others | 2.4 | 2.7 | 3.8 | 1.3 | -18.5% |
| Total | 8.7 | 9.7 | 35.4 | 17.7 | 26.7% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Australia in 2022:
- Malaysia (21.2K tons)
- Indonesia (9.1K tons)
- Vietnam (3.9K tons)
- Taiwan (Chinese) (1.8K tons)
- Hong Kong SAR (1.6K tons)
- United States (1.1K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in Australia
In 2022, supplies from abroad of ethylene polymers; waste, parings and scraps decreased by -78.1% to 6.1 tons, falling for the second year in a row after two years of growth. Overall, imports faced a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 273%. As a result, imports reached the peak of 962 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of ethylene polymers; waste, parings and scraps shrank remarkably to $5.5K in 2022. Over the period under review, imports showed a significant curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 281%. As a result, imports attained the peak of $677K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Ethylene Polymers; Waste, Parings and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 589 | N/A | 4.2 | -91.6% |
| Germany | N/A | N/A | N/A | 1.4 | 0% |
| New Zealand | 125 | 68.5 | 13.1 | N/A | -67.6% |
| United States | 19.7 | N/A | N/A | N/A | 0% |
| Japan | 32.9 | N/A | N/A | N/A | 0% |
| Mexico | N/A | 18.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 178 | 677 | 13.1 | 5.5 | -68.6% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Australia in 2022:
- Thailand (5.9 tons)
- Germany (0.1 tons)
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