Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg (CIF) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg (CIF) - 2023
The average import price for polymers of propylene or of other olefins, in primary formses stood at $4,540 per ton in October 2023, with an increase of 215% against the previous month. Over the period under review, the import price posted a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Indonesia ($16,026 per ton), while the price for the United States stood at $1,929 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $3,377 per ton, surging by 19% against the previous year. In general, the export price continues to indicate mild growth. The most prominent rate of growth was recorded in 2014 an increase of 106%. As a result, the export price reached the peak level of $5,232 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($5,693 per ton), while the average price for exports to Hungary ($2,192 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 Brazil (+21.7%), 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 Luxembourg
In 2022, approx. 50K tons of polymers of propylene or of other olefins, in primary formses were imported into Luxembourg; with a decrease of -24.1% against 2021. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 4.7% against the previous year. As a result, imports attained the peak of 66K tons, and then shrank markedly in the following year.
In value terms, imports of polymers of propylene or of other olefins, in primary formses contracted to $108M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports attained the peak of $127M, and then declined in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 39.6 | 37.3 | 52.8 | 46.2 | 5.3% |
| Netherlands | 8.2 | 6.7 | 14.3 | 15.3 | 23.1% |
| France | 12.0 | 9.7 | 14.4 | 11.8 | -0.6% |
| Austria | 8.7 | 10.6 | 13.9 | 9.9 | 4.4% |
| Czech Republic | 4.9 | 2.9 | 9.7 | 9.6 | 25.1% |
| Germany | 11.5 | 6.9 | 13.2 | 9.0 | -7.8% |
| Italy | 1.3 | 1.7 | 4.1 | 3.9 | 44.2% |
| United Kingdom | 6.4 | 6.5 | 0.1 | N/A | -87.5% |
| Others | 6.9 | 4.9 | 4.5 | 2.3 | -30.7% |
| Total | 99.6 | 87.2 | 127 | 108 | 2.7% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Luxembourg in 2022:
- Belgium (19.0K tons)
- Netherlands (8.1K tons)
- Austria (5.6K tons)
- Czech Republic (5.5K tons)
- Germany (5.4K tons)
- France (3.5K tons)
- Italy (1.8K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg
In 2022, the amount of polymers of propylene or of other olefins, in primary formses exported from Luxembourg shrank to 3.6K tons, with a decrease of -12.8% compared with the previous year's figure. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 1.5% against the previous year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses stood at $12M in 2022. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,633 | 1,072 | 590 | 2,090 | 8.6% |
| Austria | 0.1 | 41.0 | 249 | 1,634 | 2437.6% |
| Turkey | 1,034 | 1,747 | 1,712 | 1,611 | 15.9% |
| Belgium | 1,873 | 312 | 854 | 1,127 | -15.6% |
| Netherlands | 124 | 487 | 766 | 1,068 | 105.0% |
| Egypt | 721 | 590 | 1,150 | 862 | 6.1% |
| United Kingdom | 430 | 668 | 1,178 | 635 | 13.9% |
| Italy | 838 | 475 | 1,003 | 444 | -19.1% |
| Spain | 282 | 98.7 | 258 | 440 | 16.0% |
| Russia | 2,239 | 1,152 | 1,150 | 377 | -44.8% |
| Poland | 494 | 483 | 732 | 358 | -10.2% |
| Hungary | 125 | 145 | 312 | 260 | 27.7% |
| France | 568 | 464 | 230 | 162 | -34.2% |
| Others | 4,137 | 1,856 | 1,649 | 1,255 | -32.8% |
| Total | 14,499 | 9,590 | 11,832 | 12,323 | -5.3% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Luxembourg in 2022:
- Belgium (444.4 tons)
- Germany (416.9 tons)
- Netherlands (406.2 tons)
- Turkey (378.8 tons)
- Egypt (334.1 tons)
- Austria (287.0 tons)
- United Kingdom (199.1 tons)
- Spain (159.9 tons)
- Russia (152.3 tons)
- Italy (140.0 tons)
- Poland (125.9 tons)
- Hungary (118.5 tons)
- France (75.0 tons)
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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 Luxembourg.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Luxembourg.
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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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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.
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