Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Austria - 2023

Contents:

1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Austria (FOB) - 2023
2. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Austria (CIF) - 2022
3. Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Austria
4. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Austria

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Austria (FOB) - 2023

The average export price for liquefied ethylene, propylene, butylene and butadienes stood at $609 per ton in November 2023, shrinking by -5.1% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 3,650% against the previous month. Over the period under review, the average export prices hit record highs at $24,924 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to -0.2% per month.

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

In 2022, the average import price for liquefied ethylene, propylene, butylene and butadienes amounted to $5,514 per ton, picking up by 95% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices reached the peak figure at $22,217 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($20,558 per ton), while the price for Germany ($3,788 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, overseas shipments of liquefied ethylene, propylene, butylene and butadienes decreased by -40% to 60K tons in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 99K tons, and then reduced rapidly in the following year.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes surged to $46M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +70.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Germany (59.6K tons)

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

In 2022, imports of liquefied ethylene, propylene, butylene and butadienes into Austria skyrocketed to 90 tons, with an increase of 20% on the year before. The total import volume increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes soared to $495K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (78.6 tons)
2. Switzerland (5.9 tons)
3. Liechtenstein (3.0 tons)
4. France (1.0 tons)

Source: IndexBox Market Intelligence Platform