Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia - 2022

Contents:

  1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia (CIF) - 2022
  2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia (FOB) - 2022
  3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia
  4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia (CIF) - 2022

In 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,558 per ton, picking up by 31% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $1,642 per ton in 2012; 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 South Korea ($1,931 per ton) and China ($1,699 per ton), while the price for India ($1,328 per ton) and Vietnam ($1,465 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), 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 Ethiopia (FOB) - 2022

In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $590 per ton, increasing by 10% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2016 an increase of 17% against the previous year. The export price peaked at $2,276 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($745 per ton), while the average price for exports to India ($127 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 Turkey (+75.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia

In 2022, approx. 78K tons of polymers of propylene or of other olefins, in primary formses were imported into Ethiopia; with an increase of 184% against the previous year. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers of propylene or of other olefins, in primary formses soared to $121M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia19.924.414.675.756.1%
South Korea7.37.25.613.923.9%
China3.32.92.99.743.2%
Thailand2.91.73.07.738.5%
India4.13.42.95.812.3%
Vietnam0.90.30.52.846.0%
United Arab Emirates2.12.41.12.56.0%
Others3.91.41.83.0-8.4%
Total44.543.732.512139.6%

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

  1. Saudi Arabia (49.9K tons)
  2. South Korea (7.2K tons)
  3. China (5.7K tons)
  4. Thailand (4.9K tons)
  5. India (4.4K tons)
  6. Vietnam (1.9K tons)
  7. United Arab Emirates (1.6K tons)

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

For the fourth consecutive year, Ethiopia recorded growth in shipments abroad of polymers of propylene or of other olefins, in primary formses, which increased by 180% to 337 tons in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 213%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of polymers of propylene or of other olefins, in primary formses skyrocketed to $199K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/A24.5160553.1%
SpainN/AN/AN/A32.80%
IndiaN/AN/AN/A6.50%
United KingdomN/AN/A9.4N/A0%
Poland22.441.015.6N/A-16.5%
UkraineN/AN/A11.1N/A0%
Others2.63.73.9N/A22.5%
Total25.144.764.419999.4%

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

  1. Turkey (242.4 tons)
  2. India (51.0 tons)
  3. Spain (44.0 tons)

Source: IndexBox Market Intelligence Platform

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