Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China - 2023
Contents:
- Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China (FOB) - 2023
- Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China (CIF) - 2023
- Exports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China
- Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China
Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China (FOB) - 2023
In December 2023, the average export price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses amounted to $8,923 per ton, approximately reflecting the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 23% m-o-m. The export price peaked at $9,396 per ton in March 2023; however, from April 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($13,687 per ton), while the average price for exports to Iran ($5,221 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China (CIF) - 2023
The average import price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses stood at $13,021 per ton in December 2023, picking up by 26% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in April 2023 an increase of 31% against the previous month. Over the period under review, average import prices reached the maximum in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($36,928 per ton), while the price for Malaysia ($2,000 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China
After three years of growth, shipments abroad of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses decreased by -9.3% to 31K tons in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 52%.
In value terms, exports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses stood at $293M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +58.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 23.4 | 17.5 | 36.9 | 54.6 | 32.6% |
| South Korea | 28.9 | 30.8 | 46.7 | 38.6 | 10.1% |
| Japan | 21.7 | 13.6 | 22.7 | 30.7 | 12.3% |
| Belgium | 18.0 | 13.9 | 26.3 | 28.3 | 16.3% |
| United States | 11.1 | 9.0 | 15.7 | 24.5 | 30.2% |
| Taiwan (Chinese) | 12.8 | 9.1 | 12.0 | 16.3 | 8.4% |
| Vietnam | 12.0 | 16.1 | 20.2 | 15.7 | 9.4% |
| India | 6.6 | 11.3 | 13.0 | 13.1 | 25.7% |
| Thailand | 8.1 | 11.7 | 16.4 | 11.5 | 12.4% |
| Brazil | 5.6 | 4.5 | 6.3 | 8.8 | 16.3% |
| Germany | 6.5 | 3.3 | 5.9 | 6.9 | 2.0% |
| Iran | 8.6 | 4.2 | 4.6 | 5.8 | -12.3% |
| Turkey | 1.0 | 2.4 | 4.1 | 3.7 | 54.7% |
| Others | 19.9 | 56.9 | 50.8 | 34.2 | 19.8% |
| Total | 184 | 204 | 282 | 293 | 16.8% |
Top Export Markets for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms from China in 2022:
- Italy (7.0K tons)
- South Korea (5.2K tons)
- United States (2.7K tons)
- Japan (2.6K tons)
- Belgium (2.3K tons)
- India (1.5K tons)
- Taiwan (Chinese) (1.3K tons)
- Vietnam (1.2K tons)
- Brazil (1.1K tons)
- Thailand (1.0K tons)
- Germany (0.7K tons)
- Turkey (0.6K tons)
- Iran (0.6K tons)
Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China
In 2022, supplies from abroad of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses decreased by -15.2% to 6.9K tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of 8.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses shrank to $86M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $95M, and then dropped in the following year.
| Import of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 26.9 | 27.4 | 39.0 | 33.0 | 7.1% |
| United States | 15.1 | 14.4 | 13.7 | 13.0 | -4.9% |
| Germany | 6.3 | 7.3 | 11.9 | 11.8 | 23.3% |
| Italy | 4.6 | 4.2 | 7.6 | 7.7 | 18.7% |
| Malaysia | 1.9 | 3.1 | 2.7 | 5.3 | 40.8% |
| Russia | 5.7 | 7.5 | 6.0 | 3.7 | -13.4% |
| South Korea | 3.1 | 2.4 | 2.4 | 3.4 | 3.1% |
| India | 5.3 | 8.0 | 5.2 | 2.8 | -19.2% |
| Thailand | 0.3 | 1.6 | 1.3 | 1.3 | 63.0% |
| Others | 3.0 | 4.1 | 5.1 | 3.8 | 8.2% |
| Total | 72.3 | 79.9 | 95.0 | 85.7 | 5.8% |
Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms to China in 2022:
- Japan (1638.8 tons)
- Malaysia (1189.6 tons)
- South Korea (847.0 tons)
- Germany (766.9 tons)
- Russia (547.5 tons)
- United States (522.8 tons)
- Italy (426.4 tons)
- Thailand (349.4 tons)
- India (233.1 tons)
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