Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia (CIF) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia (CIF) - 2023
The average import price for polymers of propylene or of other olefins, in primary formses stood at $987 per ton in October 2023, with a decrease of -32.6% against the previous month. Over the period under review, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in December 2022 an increase of 5.6% against the previous month. Over the period under review, average import prices hit record highs at $1,705 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Serbia ($1,071 per ton), while the price for Saudi Arabia amounted to $880 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Serbia (+1.5%), 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 Croatia (FOB) - 2022
In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,254 per ton, waning by -8.7% against the previous year. In general, the export price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 12% against the previous year. As a result, the export price attained the peak level of $2,223 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($3,352 per ton), while the average price for exports to Germany ($703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia
In 2022, after three years of growth, there was significant decline in purchases abroad of polymers of propylene or of other olefins, in primary formses, when their volume decreased by -18% to 34K tons. Over the period under review, imports continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2020 with an increase of 9.6% against the previous year.
In value terms, imports of polymers of propylene or of other olefins, in primary formses fell significantly to $60M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of $73M, and then shrank notably in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 9.5 | 9.0 | 8.3 | 8.1 | -5.2% |
| Germany | 6.5 | 7.6 | 9.5 | 8.1 | 7.6% |
| Italy | 6.9 | 5.5 | 7.4 | 7.1 | 1.0% |
| Belgium | 2.0 | 1.4 | 2.0 | 5.7 | 41.8% |
| Hungary | 3.0 | 3.0 | 4.2 | 4.5 | 14.5% |
| South Korea | N/A | 8.1 | 12.3 | 4.5 | -25.5% |
| Slovenia | 4.2 | 4.4 | 7.6 | 4.3 | 0.8% |
| Slovakia | 1.2 | 1.5 | 3.6 | 3.5 | 42.9% |
| Netherlands | 4.3 | 3.5 | 3.8 | 3.2 | -9.4% |
| Romania | 0.6 | 0.4 | 1.0 | 2.9 | 69.1% |
| France | 5.7 | 3.6 | 3.1 | 2.6 | -23.0% |
| Serbia | 0.4 | 1.3 | 3.4 | 1.8 | 65.1% |
| United Arab Emirates | 3.3 | N/A | N/A | N/A | 0% |
| Others | 8.3 | 5.1 | 7.0 | 4.0 | -21.6% |
| Total | 55.9 | 54.3 | 73.3 | 60.3 | 2.6% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Croatia in 2022:
- Germany (4.4K tons)
- Italy (3.7K tons)
- Austria (3.7K tons)
- South Korea (3.7K tons)
- Hungary (2.8K tons)
- Romania (2.6K tons)
- Slovenia (2.4K tons)
- Belgium (2.4K tons)
- Slovakia (1.6K tons)
- Netherlands (1.5K tons)
- Serbia (1.5K tons)
- France (1.3K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia
Exports of polymers of propylene or of other olefins, in primary formses from Croatia fell significantly to 9.6K tons in 2022, shrinking by -35.3% on 2021. Overall, exports continue to indicate a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, the exports reached the peak of 15K tons, and then dropped notably in the following year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses reduced remarkably to $12M in 2022. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, the exports reached the peak of $20M, and then reduced notably in the following year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 9.4 | 8.4 | 12.9 | 4.6 | -21.2% |
| Italy | 0.2 | 0.4 | 0.9 | 3.2 | 152.0% |
| Serbia | 0.6 | 0.6 | 1.2 | 1.0 | 18.6% |
| Bosnia and Herzegovina | 1.2 | 0.6 | 1.1 | 0.8 | -12.6% |
| United States | 1.0 | 1.1 | 1.4 | 0.7 | -11.2% |
| Slovenia | 0.4 | 0.4 | 0.9 | 0.5 | 7.7% |
| Germany | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Russia | 1.1 | 1.0 | 1.4 | 0.2 | -43.3% |
| Others | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| Total | 14.3 | 12.8 | 20.4 | 12.0 | -5.7% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Croatia in 2022:
- Hungary (3.6K tons)
- Italy (2.9K tons)
- Serbia (0.8K tons)
- United States (0.6K tons)
- Germany (0.6K tons)
- Slovenia (0.5K tons)
- Bosnia and Herzegovina (0.3K tons)
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