Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt (CIF) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt (CIF) - 2023
In September 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,545 per ton, with a decrease of -1.7% against the previous month. Overall, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 1.8% against the previous month. Over the period under review, average import prices hit record highs at $1,981 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from South Korea ($1,719 per ton) and the United Arab Emirates ($1,571 per ton), while the price for the UK ($1,496 per ton) and Oman ($1,496 per ton) were amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (-2.2%), while the prices for the other major suppliers experienced a decline.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt (FOB) - 2022
In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,936 per ton, rising by 5.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 52%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($1,898 per ton) and Bulgaria ($1,898 per ton), while the average price for exports to Italy ($1,898 per ton) and Belgium ($1,898 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.9%), 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 Egypt
In 2022, overseas purchases of polymers of propylene or of other olefins, in primary formses were finally on the rise to reach 402K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt slump.
In value terms, imports of polymers of propylene or of other olefins, in primary formses totaled $787M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 375 | 248 | 308 | 445 | 5.9% |
| United Arab Emirates | 126 | 119 | 195 | 130 | 1.0% |
| South Korea | 44.4 | 37.1 | 44.8 | 83.5 | 23.4% |
| Oman | 19.6 | 14.9 | 21.9 | 23.6 | 6.4% |
| Belgium | 17.1 | 13.0 | 15.6 | 20.5 | 6.2% |
| Netherlands | 8.1 | 9.3 | 10.5 | 14.0 | 20.0% |
| Kuwait | 2.9 | 4.8 | 3.2 | 11.8 | 59.6% |
| Others | 41.2 | 35.4 | 108 | 58.7 | 12.5% |
| Total | 634 | 481 | 707 | 787 | 7.5% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Egypt in 2022:
- Saudi Arabia (230.5K tons)
- United Arab Emirates (66.4K tons)
- South Korea (39.8K tons)
- Oman (12.5K tons)
- Belgium (10.6K tons)
- Netherlands (7.1K tons)
- Kuwait (6.1K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt
In 2022, approx. 162K tons of polymers of propylene or of other olefins, in primary formses were exported from Egypt; with a decrease of -43.6% on 2021. Overall, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 13%.
In value terms, exports of polymers of propylene or of other olefins, in primary formses contracted remarkably to $314M in 2022. In general, exports showed a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 72% against the previous year. As a result, the exports attained the peak of $528M, and then contracted sharply in the following year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 260 | 228 | 260 | 159 | -15.1% |
| Bulgaria | 24.9 | 24.5 | 33.8 | 37.0 | 14.1% |
| Belgium | 35.8 | 18.5 | 43.5 | 30.6 | -5.1% |
| Italy | 4.2 | 1.4 | 25.4 | 23.6 | 77.8% |
| Spain | 0.1 | 0.5 | 16.3 | 14.5 | 425.4% |
| Slovenia | 3.8 | 0.2 | 9.9 | 12.8 | 49.9% |
| Portugal | 11.4 | 14.4 | 21.4 | 7.8 | -11.9% |
| Poland | 3.5 | 3.6 | 16.8 | 5.4 | 15.6% |
| Others | 11.1 | 15.6 | 100 | 23.7 | 28.8% |
| Total | 355 | 307 | 528 | 314 | -4.0% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Egypt in 2022:
- Turkey (83.5K tons)
- Bulgaria (19.5K tons)
- Belgium (16.1K tons)
- Italy (12.5K tons)
- Spain (7.6K tons)
- Slovenia (6.7K tons)
- Portugal (4.1K tons)
- Poland (2.8K tons)
625
This report provides an in-depth analysis of the market for polypropylene in primary forms in Egypt.
49
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Egypt.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
44
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
625
This report provides an in-depth analysis of the market for polypropylene in primary forms in Egypt.
49
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Egypt.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
44
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
268
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 ...
116
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
268
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 ...
116
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
