Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina (CIF) - 2022
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina (FOB) - 2023
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina (CIF) - 2022
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,961 per ton in 2022, picking up by 3.3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 51%. The import price peaked at $2,026 per ton in 2014; afterwards, it flattened through to 2022.
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 the United States ($4,077 per ton), while the price for South Africa ($1,686 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina (FOB) - 2023
The average export price for polymers of propylene or of other olefins, in primary formses stood at $1,248 per ton in June 2023, remaining stable against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average export price increased by 109% against the previous month. As a result, the export price reached the peak level of $2,240 per ton. From February 2023 to June 2023, the 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 Brazil.
From August 2022 to June 2023, the rate of growth in terms of prices for Brazil amounted to -0.7% per month.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina
In 2022, after three years of growth, there was significant decline in supplies from abroad of polymers of propylene or of other olefins, in primary formses, when their volume decreased by -15.7% to 132K tons. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 37%.
In value terms, imports of polymers of propylene or of other olefins, in primary formses fell to $260M in 2022. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of $298M, and then fell in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 83.0 | 77.5 | 116 | 111 | 10.2% |
| Colombia | 22.2 | 37.1 | 66.4 | 59.0 | 38.5% |
| Saudi Arabia | 6.4 | 9.6 | 24.8 | 18.6 | 42.7% |
| Chile | 11.3 | 8.9 | 13.7 | 12.6 | 3.7% |
| China | 1.0 | 0.7 | 12.4 | 11.6 | 126.4% |
| United States | 5.2 | 8.0 | 4.6 | 8.1 | 15.9% |
| South Korea | 2.0 | 3.4 | 9.2 | 8.0 | 58.7% |
| Thailand | 6.3 | 4.7 | 6.2 | 6.0 | -1.6% |
| Finland | 3.5 | 4.7 | 6.8 | 2.5 | -10.6% |
| Others | 16.8 | 30.3 | 38.5 | 22.2 | 9.7% |
| Total | 158 | 185 | 298 | 260 | 18.1% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Argentina in 2022:
- Brazil (58.1K tons)
- Colombia (32.1K tons)
- Saudi Arabia (10.3K tons)
- China (6.7K tons)
- Chile (6.4K tons)
- South Korea (3.7K tons)
- Thailand (2.5K tons)
- United States (2.0K tons)
- Finland (1.1K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina
In 2022, after two years of decline, there was significant growth in overseas shipments of polymers of propylene or of other olefins, in primary formses, when their volume increased by 320% to 63K tons. Overall, exports, however, showed a deep contraction.
In value terms, exports of polymers of propylene or of other olefins, in primary formses soared to $91M in 2022. In general, exports, however, saw a deep reduction.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 119 | 34.2 | 22.3 | 83.4 | -11.2% |
| Mexico | N/A | N/A | N/A | 4.0 | 0% |
| Chile | 0.4 | 0.2 | 1.1 | 3.3 | 102.1% |
| Others | 2.3 | 0.4 | N/A | N/A | -82.6% |
| Total | 122 | 34.7 | 23.3 | 90.7 | -9.4% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Argentina in 2022:
- Brazil (58.0K tons)
- Mexico (2.8K tons)
- Chile (2.0K tons)
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Argentina.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Argentina.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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