Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Nepal - 2022
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Nepal (CIF) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Nepal
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Nepal (CIF) - 2022
In 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,377 per ton, with an increase of 2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 43%. The import price peaked at $1,544 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($1,609 per ton) and Vietnam ($1,543 per ton), while the price for Saudi Arabia ($1,349 per ton) and India ($1,372 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.2%), while the prices for the other major suppliers experienced a decline.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Nepal
For the fourth consecutive year, Nepal recorded growth in purchases abroad of polymers of propylene or of other olefins, in primary formses, which increased by 7.5% to 58K tons in 2022. The total import volume increased at an average annual rate of +10.1% 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 20%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of polymers of propylene or of other olefins, in primary formses rose notably to $80M in 2022. In general, imports recorded strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 72%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 39.2 | 35.9 | 62.9 | 50.6 | 8.9% |
| Saudi Arabia | 3.4 | 2.3 | 4.3 | 21.6 | 85.2% |
| South Korea | 1.3 | 0.9 | 0.9 | 2.3 | 20.9% |
| United Arab Emirates | 3.1 | 3.1 | 4.9 | 2.1 | -12.2% |
| Vietnam | N/A | N/A | N/A | 1.6 | 0% |
| Others | 1.1 | 0.4 | 0.4 | 2.0 | 22.1% |
| Total | 48.1 | 42.6 | 73.3 | 80.3 | 18.6% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Nepal in 2022:
- India (36.9K tons)
- Saudi Arabia (16.0K tons)
- United Arab Emirates (1.5K tons)
- South Korea (1.5K tons)
- Vietnam (1.0K 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 Nepal.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Nepal.
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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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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.
