Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Denmark - 2023

Contents:

1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Denmark (CIF) - 2023
2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Denmark (FOB) - 2023
3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Denmark
4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Denmark

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Denmark (CIF) - 2023

The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,679 per ton in October 2023, leveling off at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 87% m-o-m. As a result, import price attained the peak level of $3,204 per ton. From December 2022 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($3,191 per ton), while the price for Saudi Arabia ($1,185 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), 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 Denmark (FOB) - 2023

In October 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $3,316 per ton, surging by 13% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 30% m-o-m. The export price peaked at $4,242 per ton in March 2023; however, from April 2023 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($4,171 per ton), while the average price for exports to Italy ($1,483 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.8%), 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 Denmark

In 2022, overseas purchases of polymers of propylene or of other olefins, in primary formses decreased by -12.4% to 161K tons, falling for the second year in a row after two years of growth. In general, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 5.9% against the previous year. As a result, imports reached the peak of 194K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of polymers of propylene or of other olefins, in primary formses reduced slightly to $344M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46%. As a result, imports attained the peak of $357M, and then contracted modestly in the following year.

Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Denmark in 2022:

1. Belgium (50.7K tons)
2. Netherlands (40.3K tons)
3. Saudi Arabia (19.7K tons)
4. Germany (18.5K tons)
5. Austria (12.0K tons)
6. Sweden (6.1K tons)
7. France (3.0K tons)

Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Denmark

In 2022, after three years of growth, there was significant decline in overseas shipments of polymers of propylene or of other olefins, in primary formses, when their volume decreased by -30.2% to 30K tons. Over the period under review, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of 43K tons, and then dropped rapidly in the following year.

In value terms, exports of polymers of propylene or of other olefins, in primary formses shrank to $94M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, the exports reached the peak of $109M, and then dropped in the following year.

Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Denmark in 2022:

1. Sweden (7.3K tons)
2. Germany (5.5K tons)
3. Poland (2.0K tons)
4. Finland (1.6K tons)
5. Belgium (1.6K tons)
6. Czech Republic (1.5K tons)
7. Mexico (1.4K tons)
8. Netherlands (1.3K tons)
9. United Kingdom (1.0K tons)
10. Switzerland (1.0K tons)
11. Norway (1.0K tons)
12. Turkey (0.8K tons)
13. France (0.7K tons)

Source: IndexBox Market Intelligence Platform