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

Contents:

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

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

The average import price for liquefied ethylene, propylene, butylene and butadienes stood at $6,158 per ton in 2022, shrinking by -7.5% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2017 an increase of 140% against the previous year. As a result, import price reached the peak level of $33,416 per ton. From 2018 to 2022, the average import prices remained at a 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 Belgium ($96,456 per ton), while the price for France ($22,917 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for liquefied ethylene, propylene, butylene and butadienes amounted to $3,417 per ton, with a decrease of -20.7% against the previous year. Overall, the export price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 77%. The export price peaked at $8,767 per ton in 2015; however, from 2016 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 France.

From 2013 to 2022, the rate of growth in terms of prices for France amounted to +170.3% per year.

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

For the fourth consecutive year, Luxembourg recorded growth in purchases abroad of liquefied ethylene, propylene, butylene and butadienes, which increased by 19% to 2.4 tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.3% 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 +69.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes rose markedly to $15K in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage.

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

1. Germany (167.0 kg)
2. Belgium (58.0 kg)
3. France (9.0 kg)

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

In 2022, exports of liquefied ethylene, propylene, butylene and butadienes from Luxembourg rose markedly to 144 kg, with an increase of 5.9% on 2021 figures. Overall, exports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 39%. As a result, the exports attained the peak of 223 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes reduced remarkably to $492 in 2022. Over the period under review, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of $980. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. France (1.0 kg)

Source: IndexBox Market Intelligence Platform