Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador - 2022
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador (CIF) - 2022
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador (CIF) - 2022
In 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,672 per ton, leveling off at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57%. Over the period under review, average import prices hit record highs at $1,747 per ton in 2014; afterwards, it flattened through to 2022.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Colombia ($1,853 per ton) and Taiwan (Chinese) ($1,753 per ton), while the price for Peru ($1,454 per ton) and Saudi Arabia ($1,461 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.4%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,186 per ton, surging by 9.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 28%. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($1,249 per ton), while the average price for exports to Colombia ($1,054 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 Colombia (+0.1%), while the prices for the other major destinations experienced a decline.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador
In 2022, approx. 105K tons of polymers of propylene or of other olefins, in primary formses were imported into Ecuador; standing approx. at 2021. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of polymers of propylene or of other olefins, in primary formses reached $176M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +68.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 68%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 2.7 | 21.9 | 55.0 | 155.4% |
| Brazil | 26.9 | 17.5 | 20.3 | 23.8 | -4.0% |
| Colombia | 21.1 | 22.1 | 24.8 | 22.1 | 1.6% |
| South Korea | 3.8 | 5.2 | 16.1 | 17.6 | 66.7% |
| Taiwan (Chinese) | 4.7 | 4.5 | 17.9 | 14.4 | 45.2% |
| Chile | 15.3 | 14.5 | 21.4 | 11.5 | -9.1% |
| Saudi Arabia | 4.7 | 6.8 | 17.5 | 8.9 | 23.7% |
| United States | 13.5 | 12.9 | 4.5 | 7.3 | -18.5% |
| Peru | 6.0 | 3.2 | 4.6 | 4.5 | -9.1% |
| India | 4.1 | 5.7 | 4.7 | N/A | 7.1% |
| Others | 10.0 | 9.8 | 22.3 | 11.1 | 3.5% |
| Total | 113 | 105 | 176 | 176 | 15.9% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Ecuador in 2022:
- China (34.3K tons)
- Brazil (13.9K tons)
- Colombia (11.9K tons)
- South Korea (10.6K tons)
- Taiwan (Chinese) (8.2K tons)
- Chile (7.1K tons)
- Saudi Arabia (6.1K tons)
- United States (4.3K tons)
- Peru (3.1K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador
In 2022, approx. 4.7K tons of polymers of propylene or of other olefins, in primary formses were exported from Ecuador; falling by -14.8% on the year before. Overall, exports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of 5.5K tons, and then fell in the following year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses shrank to $5.6M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of $6M, and then declined in the following year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 2.5 | 2.4 | 3.6 | 3.7 | 14.0% |
| Colombia | 1.2 | 1.4 | 2.0 | 1.7 | 12.3% |
| Peru | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Spain | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 4.4 | 3.9 | 6.0 | 5.6 | 8.4% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Ecuador in 2022:
- Guatemala (3.0K tons)
- Colombia (1.6K tons)
- Peru (0.1K tons)
225
This report provides an in-depth analysis of the market for polypropylene in primary forms in Ecuador.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Ecuador.
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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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This report provides an in-depth analysis of the market for polypropylene in primary forms in Ecuador.
65
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Ecuador.
935
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.
672
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
