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

Contents:

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

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

In 2022, the average import price for liquefied ethylene, propylene, butylene and butadienes amounted to $21,858 per ton, with an increase of 260% against the previous year. Over the period under review, the import price posted a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($33,267 per ton), while the price for the United States ($5,466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for liquefied ethylene, propylene, butylene and butadienes stood at $1,715 per ton in 2022, falling by -19.3% against the previous year. Over the period under review, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of 89%. The export price peaked at $2,930 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($274,043 per ton), while the average price for exports to Germany ($2,077 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 the Netherlands (+50.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Denmark recorded growth in supplies from abroad of liquefied ethylene, propylene, butylene and butadienes, which increased by 46% to 15 tons in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2019 indices. 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 skyrocketed to $323K in 2022. Over the period under review, imports saw significant growth. 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 Denmark in 2022:

1. Germany (11.8 tons)
2. Belgium (2.3 tons)
3. Sweden (0.5 tons)

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

In 2022, the amount of liquefied ethylene, propylene, butylene and butadienes exported from Denmark skyrocketed to 106 tons, picking up by 23% on 2021 figures. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes dropped slightly to $183K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The smallest decline of -0.3% was in 2021.

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

1. Germany (2.3 tons)
2. Netherlands (0.1 tons)
3. Sweden (0.1 tons)
4. Norway (0.1 tons)

Source: IndexBox Market Intelligence Platform