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

Contents:

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

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

In 2022, the average import price for liquefied ethylene, propylene, butylene and butadienes amounted to $7,984 per ton, reducing by -11.7% against the previous year. Overall, the import price, however, posted a significant increase. The growth pace was the most rapid in 2014 an increase of 221%. Over the period under review, average import prices hit record highs at $19,094 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($9,332 per ton) and Germany ($9,186 per ton), while the price for China ($6,931 per ton) and Spain ($8,823 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for liquefied ethylene, propylene, butylene and butadienes stood at $939 per ton in 2022, which is down by -56.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 91%. Over the period under review, the average export prices attained the peak figure at $2,139 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +40.9% per year.

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

Imports of liquefied ethylene, propylene, butylene and butadienes into Ireland soared to 22 tons in 2022, surging by 38% on the previous year's figure. Over the period under review, imports posted a significant increase. 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 soared to $172K in 2022. In general, imports saw a relatively flat trend pattern. 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 Ireland in 2022:

1. China (12.1 tons)
2. Portugal (2.1 tons)
3. Germany (0.9 tons)
4. Spain (0.6 tons)
5. Italy (0.4 tons)
6. United Kingdom (0.1 tons)

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

For the third consecutive year, Ireland recorded decline in overseas shipments of liquefied ethylene, propylene, butylene and butadienes, which decreased by -18.7% to 14 tons in 2022. In general, exports saw a precipitous decline.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes contracted significantly to $13K in 2022. Over the period under review, exports continue to indicate a dramatic slump. The smallest decline of -25% was in 2020.

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

1. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform