Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary (FOB) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary (CIF) - 2023
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary (FOB) - 2023
In October 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,477 per ton, shrinking by -2.9% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 28% month-to-month. As a result, the export price attained the peak level of $2,027 per ton. From April 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In October 2023, the highest price was recorded for prices to Turkey ($1,946 per ton) and the UK ($1,679 per ton), while the average price for exports to Ukraine ($1,308 per ton) and Bosnia and Herzegovina ($1,420 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary (CIF) - 2023
In October 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,357 per ton, with a decrease of -44.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 22% against the previous month. As a result, import price reached the peak level of $2,465 per ton, and then fell dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($1,624 per ton), while the price for Saudi Arabia ($1,053 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 Germany (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary
After three years of growth, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by -5.7% to 223K tons in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 437% against the previous year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses fell to $398M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +53.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of $456M, and then contracted in the following year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 75.3 | 61.0 | 111 | 80.7 | 2.3% |
| Italy | 41.6 | 33.7 | 71.4 | 59.5 | 12.7% |
| Germany | 45.9 | 33.5 | 69.9 | 54.3 | 5.8% |
| Romania | 28.7 | 34.2 | 54.4 | 47.0 | 17.9% |
| Czech Republic | 16.2 | 14.9 | 27.4 | 21.1 | 9.2% |
| Slovakia | 13.4 | 5.5 | 5.8 | 17.6 | 9.5% |
| Austria | 9.2 | 7.6 | 15.5 | 15.9 | 20.0% |
| Ukraine | 9.7 | 11.3 | 13.9 | 11.1 | 4.6% |
| Slovenia | 7.8 | 6.9 | 15.4 | 9.7 | 7.5% |
| France | 4.6 | 2.9 | 7.2 | 9.0 | 25.1% |
| Turkey | 4.3 | 12.3 | 1.2 | 8.1 | 23.5% |
| Serbia | 6.1 | 5.5 | 12.2 | 7.9 | 9.0% |
| Netherlands | 2.6 | 2.3 | 2.5 | 7.2 | 40.4% |
| Others | 25.9 | 28.3 | 48.3 | 48.5 | 23.3% |
| Total | 291 | 260 | 456 | 398 | 11.0% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Hungary in 2022:
- Poland (43.4K tons)
- Italy (33.4K tons)
- Germany (28.6K tons)
- Romania (26.2K tons)
- Czech Republic (11.7K tons)
- Slovakia (9.3K tons)
- Austria (9.2K tons)
- Ukraine (7.7K tons)
- Netherlands (6.0K tons)
- Turkey (5.6K tons)
- Slovenia (5.6K tons)
- Serbia (4.6K tons)
- France (4.6K tons)
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary
In 2022, the amount of polymers of propylene or of other olefins, in primary formses imported into Hungary declined slightly to 204K tons, waning by -2.5% on 2021 figures. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, 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 48% against the previous year. As a result, imports reached the peak of 210K tons, and then dropped in the following year.
In value terms, imports of polymers of propylene or of other olefins, in primary formses contracted slightly to $395M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 88%. As a result, imports reached the peak of $400M, and then fell slightly in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 64.6 | 51.6 | 61.2 | 67.8 | 1.6% |
| Poland | 5.8 | 4.9 | 56.3 | 61.4 | 119.6% |
| Austria | 41.9 | 31.3 | 49.4 | 39.4 | -2.0% |
| Czech Republic | 34.0 | 18.0 | 32.2 | 33.4 | -0.6% |
| Belgium | 20.3 | 11.7 | 21.8 | 28.9 | 12.5% |
| Netherlands | 40.8 | 28.7 | 58.8 | 26.4 | -13.5% |
| Italy | 9.6 | 7.2 | 17.4 | 23.1 | 34.0% |
| France | 8.5 | 11.5 | 22.2 | 19.3 | 31.4% |
| South Korea | 2.5 | 4.0 | 3.3 | 17.3 | 90.6% |
| Egypt | N/A | N/A | N/A | 12.0 | 0% |
| Spain | 7.4 | 5.1 | 11.4 | 7.0 | -1.8% |
| Croatia | 10.5 | 8.9 | 16.1 | 6.0 | -17.0% |
| India | 0.1 | 0.4 | 6.1 | 5.1 | 270.8% |
| Others | 48.4 | 29.3 | 43.5 | 48.2 | -0.1% |
| Total | 295 | 213 | 400 | 395 | 10.2% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Hungary in 2022:
- Poland (34.9K tons)
- Germany (33.3K tons)
- Austria (19.6K tons)
- Czech Republic (17.3K tons)
- Belgium (15.2K tons)
- Netherlands (13.5K tons)
- Italy (11.1K tons)
- South Korea (9.1K tons)
- Egypt (7.5K tons)
- France (5.9K tons)
- Croatia (4.2K tons)
- Spain (3.8K tons)
- India (3.1K tons)
319
This report provides an in-depth analysis of the market for polypropylene in primary forms in Hungary.
78
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Hungary.
946
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
47
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
319
This report provides an in-depth analysis of the market for polypropylene in primary forms in Hungary.
78
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Hungary.
946
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
47
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
293
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.
683
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
136
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
293
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.
683
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
136
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
