Price for Ethylene Polymers; Waste, Parings and Scrap in Germany - 2023
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Germany (FOB) - 2023
- Price for Ethylene Polymers; Waste, Parings and Scrap in Germany (CIF) - 2023
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Germany
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Germany
Price for Ethylene Polymers; Waste, Parings and Scrap in Germany (FOB) - 2023
The average export price for ethylene polymers; waste, parings and scraps stood at $399 per ton in November 2023, reducing by -5.1% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 24% month-to-month. Over the period under review, the average export prices attained the peak figure at $551 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($569 per ton), while the average price for exports to Turkey ($291 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ethylene Polymers; Waste, Parings and Scrap in Germany (CIF) - 2023
In November 2023, the average import price for ethylene polymers; waste, parings and scraps amounted to $395 per ton, which is down by -3.2% against the previous month. Overall, the import price recorded a slight reduction. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 26% m-o-m. Over the period under review, average import prices attained the peak figure at $597 per ton in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($576 per ton), while the price for France ($206 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ethylene Polymers; Waste, Parings and Scrap in Germany
For the third year in a row, Germany recorded decline in overseas shipments of ethylene polymers; waste, parings and scraps, which decreased by -8.8% to 463K tons in 2022. In general, exports recorded a abrupt curtailment. The smallest decline of -3.2% was in 2020.
In value terms, exports of ethylene polymers; waste, parings and scraps rose markedly to $283M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Ethylene Polymers; Waste, Parings and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 43.7 | 44.9 | 65.2 | 86.9 | 25.8% |
| Turkey | 7.0 | 11.9 | 23.6 | 23.5 | 49.7% |
| Malaysia | 22.1 | 21.0 | 20.9 | 22.0 | -0.2% |
| Poland | 11.9 | 8.6 | 16.8 | 19.8 | 18.5% |
| Indonesia | 9.1 | 13.5 | 2.3 | 14.5 | 16.8% |
| Belgium | 12.3 | 6.7 | 14.7 | 14.0 | 4.4% |
| Austria | 9.2 | 9.0 | 9.7 | 13.9 | 14.7% |
| France | 6.9 | 8.2 | 18.9 | 13.4 | 24.8% |
| Denmark | 13.6 | 11.1 | 9.9 | 11.5 | -5.4% |
| Sweden | 0.6 | 1.2 | 10.1 | 10.6 | 160.4% |
| Ireland | 9.2 | 4.4 | 6.3 | 9.5 | 1.1% |
| Bulgaria | 4.6 | 4.2 | 4.7 | 4.3 | -2.2% |
| Vietnam | 1.8 | 2.9 | 2.5 | 3.4 | 23.6% |
| Others | 96.2 | 45.1 | 51.1 | 35.3 | -28.4% |
| Total | 248 | 193 | 257 | 283 | 4.5% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Germany in 2022:
- Netherlands (112.1K tons)
- Turkey (65.4K tons)
- Malaysia (51.2K tons)
- Poland (43.7K tons)
- Austria (33.0K tons)
- Indonesia (25.9K tons)
- Belgium (21.9K tons)
- Denmark (13.2K tons)
- France (13.1K tons)
- Bulgaria (9.8K tons)
- Sweden (9.3K tons)
- Vietnam (9.2K tons)
- Ireland (7.8K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in Germany
For the fourth year in a row, Germany recorded growth in overseas purchases of ethylene polymers; waste, parings and scraps, which increased by 8.3% to 284K tons in 2022. The total import volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of ethylene polymers; waste, parings and scraps soared to $167M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Ethylene Polymers; Waste, Parings and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 13.8 | 17.9 | 22.3 | 28.6 | 27.5% |
| Poland | 9.7 | 12.3 | 18.9 | 19.4 | 26.0% |
| France | 6.8 | 5.4 | 9.5 | 14.8 | 29.6% |
| United Kingdom | 3.0 | 1.9 | 4.5 | 10.6 | 52.3% |
| Belgium | 2.8 | 1.5 | 6.9 | 10.6 | 55.9% |
| Italy | 4.4 | 5.4 | 4.3 | 9.6 | 29.7% |
| Denmark | 6.0 | 6.0 | 6.9 | 8.6 | 12.7% |
| Switzerland | 3.0 | 2.4 | 5.0 | 6.5 | 29.4% |
| Slovakia | 1.3 | 0.8 | 0.2 | 6.2 | 68.3% |
| Austria | 4.3 | 2.9 | 7.4 | 4.9 | 4.5% |
| Norway | 5.4 | 2.8 | 2.2 | 4.4 | -6.6% |
| Czech Republic | 3.3 | 3.7 | 3.0 | 3.0 | -3.1% |
| Luxembourg | 3.2 | 2.2 | 2.8 | 2.7 | -5.5% |
| Others | 6.9 | 5.2 | 20.9 | 36.9 | 74.9% |
| Total | 73.9 | 70.4 | 115 | 167 | 31.2% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Germany in 2022:
- Poland (40.4K tons)
- Netherlands (39.3K tons)
- France (28.1K tons)
- Slovakia (20.8K tons)
- Belgium (18.7K tons)
- Switzerland (18.6K tons)
- United Kingdom (17.0K tons)
- Denmark (15.2K tons)
- Austria (11.9K tons)
- Norway (11.6K tons)
- Italy (11.5K tons)
- Luxembourg (7.5K tons)
- Czech Republic (5.6K tons)
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