Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Russia - 2022

Contents:

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

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

In 2022, the average import price for liquefied ethylene, propylene, butylene and butadienes amounted to $559 per ton, flattening at the previous year. Over the period under review, the import price recorded a pronounced expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 110% against the previous year. As a result, import price attained the peak level of $1,078 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($482 per ton), while the price for Azerbaijan amounted to $481 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (-4.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for liquefied ethylene, propylene, butylene and butadienes amounted to $499 per ton, increasing by 7.9% against the previous year. Over the period under review, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 161%. Over the period under review, the average export prices attained the maximum at $589 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Hungary amounted to +20.3% per year.

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

Imports of liquefied ethylene, propylene, butylene and butadienes into Russia shrank dramatically to 94K tons in 2022, with a decrease of -24.1% on the previous year's figure. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. As a result, imports reached the peak of 124K tons, and then shrank dramatically in the following year.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes shrank notably to $53M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 38%.

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

1. Azerbaijan (61.8K tons)
2. Belarus (25.3K tons)

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

Exports of liquefied ethylene, propylene, butylene and butadienes from Russia rose notably to 93K tons in 2022, picking up by 8.2% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of 98K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes soared to $46M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Mongolia (91.7K tons)

Source: IndexBox Market Intelligence Platform