Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia - 2024

Contents:

  1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia (FOB) - 2022
  2. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia (CIF) - 2022
  3. Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia
  4. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia (FOB) - 2022

In 2022, the average export price for liquefied ethylene, propylene, butylene and butadienes amounted to $664 per ton, jumping by 75% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 242%. As a result, the export price attained the peak level of $15,679 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($91,575 per ton), while the average price for exports to China totaled $66,302 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+46.7%).

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia (CIF) - 2022

The average import price for liquefied ethylene, propylene, butylene and butadienes stood at $9,473 per ton in 2022, which is down by -3.3% against the previous year. In general, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 108% against the previous year. The import price peaked at $12,205 per ton in 2019; however, from 2020 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 the United States ($17,337 per ton), while the price for Malaysia ($2,795 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia

For the third year in a row, Australia recorded decline in shipments abroad of liquefied ethylene, propylene, butylene and butadienes, which decreased by -32% to 6.4K tons in 2022. Overall, exports recorded a precipitous shrinkage. The smallest decline of -21.1% was in 2020.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes soared to $4.2M in 2022. In general, exports saw a sharp shrinkage.

Export of Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13793.32,1393,142184.1%
Indonesia21.029.91,406802236.8%
Others19,9339,34822.8305-75.2%
Total20,0919,4723,5684,249-40.4%

Top Export Markets for Liquefied Ethylene, Propylene, Butylene and Butadiene from Australia in 2022:

    Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia

    In 2022, overseas purchases of liquefied ethylene, propylene, butylene and butadienes decreased by -33% to 82 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 127% against the previous year. As a result, imports attained the peak of 240 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

    In value terms, imports of liquefied ethylene, propylene, butylene and butadienes shrank sharply to $777K in 2022. In general, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 84% against the previous year. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

    Import of Liquefied Ethylene, Propylene, Butylene and Butadiene in Australia (Thousand USD)
    COUNTRY2019202020212022CAGR,
    2019-2022
    United States14652724125019.6%
    China360634328151-25.1%
    Italy15.952.015799.684.3%
    France18.145.362.053.443.4%
    New Zealand15.219.224.338.836.7%
    Malaysia28.830.132.229.40.7%
    South Korea5.61.94.722.559.0%
    Singapore3.16.017.716.273.5%
    IndonesiaN/AN/A256N/A0%
    Others6931,05674.3116-44.9%
    Total1,2862,3711,198777-15.5%

    Top Suppliers of Liquefied Ethylene, Propylene, Butylene and Butadiene to Australia in 2022:

    1. China (25.3 tons)
    2. Italy (17.0 tons)
    3. United States (14.4 tons)
    4. Malaysia (10.5 tons)
    5. Singapore (5.2 tons)
    6. New Zealand (3.8 tons)
    7. South Korea (3.0 tons)
    8. France (1.2 tons)

    Source: IndexBox Market Intelligence Platform

    Store
    Blog
    Event
    Free Data: Petroleum gases and other gaseous hydrocarbons; liquefied, ethylene, propylene, butylene and butadiene - Australia