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

Contents:

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

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

The average import price for liquefied ethylene, propylene, butylene and butadienes stood at $2,078 per ton in 2022, reducing by -97% against the previous year. In general, the import price faced a abrupt slump. The growth pace was the most rapid in 2015 when the average import price increased by 211% against the previous year. Over the period under review, average import prices reached the maximum at $123,443 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($32,909 per ton), while the price for the Netherlands ($4,551 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+86.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for liquefied ethylene, propylene, butylene and butadienes stood at $2,726 per ton in 2022, growing by 7.4% against the previous year. Over the period under review, the export price showed a mild increase. The most prominent rate of growth was recorded in 2014 an increase of 154%. As a result, the export price attained the peak level of $5,755 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +65.1% per year.

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

In 2022, the amount of liquefied ethylene, propylene, butylene and butadienes imported into Greece soared to 674 tons, with an increase of 3,155% on the previous year's figure. 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.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes shrank modestly to $1.4M in 2022. In general, imports, however, showed a mild contraction. The smallest decline of -0.9% was in 2020.

Import of Liquefied Ethylene, Propylene, Butylene and Butadiene in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A87.30%
NetherlandsN/AN/AN/A20.10%
Czech RepublicN/AN/AN/A5.20%
ItalyN/A62.21095.0-71.6%
Germany25.18.52.50.3-77.1%
China53.0N/AN/AN/A0%
Belgium32.50.6N/AN/A-98.2%
United States59.1N/AN/AN/A0%
Others1,2791,3651,3131,2820.1%
Total1,4491,4371,4241,400-1.1%

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

  1. Spain (13.1 tons)
  2. Netherlands (4.4 tons)
  3. Czech Republic (0.6 tons)
  4. Italy (0.2 tons)

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

For the third consecutive year, Greece recorded decline in shipments abroad of liquefied ethylene, propylene, butylene and butadienes, which decreased by -30.5% to 6 tons in 2022. Overall, exports recorded a dramatic shrinkage. The smallest decline of -21.8% was in 2020.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes declined rapidly to $16K in 2022. In general, exports faced a precipitous descent. The smallest decline of -18.6% was in 2020.

Export of Liquefied Ethylene, Propylene, Butylene and Butadiene in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria10.08.99.511.75.4%
KosovoN/AN/A2.5N/A0%
United Arab Emirates21.5N/AN/AN/A0%
Others3.119.39.74.614.1%
Total34.628.221.716.2-22.3%

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

  1. Bulgaria (2.0 tons)

Source: IndexBox Market Intelligence Platform

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