Price for Ethylene Polymers; Waste, Parings and Scrap in Greece - 2023

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Greece (FOB) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Greece (CIF) - 2022
3. Exports of Ethylene Polymers; Waste, Parings and Scrap in Greece
4. Imports of Ethylene Polymers; Waste, Parings and Scrap in Greece

Price for Ethylene Polymers; Waste, Parings and Scrap in Greece (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $486 per ton, jumping by 25% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ethylene polymers; waste, parings and scraps increased by +122.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($1,145 per ton), while the average price for exports to the Netherlands ($272 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ethylene Polymers; Waste, Parings and Scrap in Greece (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $424 per ton in 2022, increasing by 7% against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the peak figure at $810 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($663 per ton), while the price for France ($281 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ethylene Polymers; Waste, Parings and Scrap in Greece

In 2022, approx. 20K tons of ethylene polymers; waste, parings and scraps were exported from Greece; increasing by 6.9% against the year before. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 72%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of ethylene polymers; waste, parings and scraps soared to $9.9M in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 86% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Greece in 2022:

1. Bulgaria (10.2K tons)
2. Romania (4.6K tons)
3. Turkey (3.8K tons)
4. Netherlands (0.5K tons)
5. Israel (0.5K tons)
6. Latvia (0.3K tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Greece

In 2022, imports of ethylene polymers; waste, parings and scraps into Greece skyrocketed to 15K tons, picking up by 101% on 2021. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ethylene polymers; waste, parings and scraps surged to $6.2M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 119% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Greece in 2022:

1. United Kingdom (9.6K tons)
2. Germany (2.2K tons)
3. France (0.6K tons)
4. Cyprus (0.6K tons)
5. Israel (0.4K tons)
6. Poland (0.3K tons)
7. Italy (0.2K tons)
8. Bulgaria (0.1K tons)

Source: IndexBox Market Intelligence Platform