Price for Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand (CIF) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand (CIF) - 2023
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,377 per ton in December 2023, with an increase of 1.7% against the previous month. Overall, the import price, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in February 2023 when the average import price increased by 14% m-o-m. As a result, import price attained the peak level of $1,702 per ton. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($2,037 per ton), while the price for the United Arab Emirates ($1,123 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Australia (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand (FOB) - 2022
The average export price for polymers of propylene or of other olefins, in primary formses stood at $1,815 per ton in 2022, surging by 30% against the previous year. Overall, the export price continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2013 an increase of 61% against the previous year. Over the period under review, the average export prices reached the maximum at $3,217 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,755 per ton), while the average price for exports to China ($700 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 the United States (+3.6%), 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 New Zealand
In 2022, the amount of polymers of propylene or of other olefins, in primary formses imported into New Zealand declined rapidly to 34K tons, waning by -18.8% against 2021 figures. Over the period under review, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 42K tons, and then shrank rapidly in the following year.
In value terms, imports of polymers of propylene or of other olefins, in primary formses declined to $59M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.7% 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 +35.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports reached the peak of $67M, and then dropped in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 28.2 | 21.5 | 30.7 | 21.8 | -8.2% |
| Saudi Arabia | 4.2 | 4.0 | 4.8 | 9.0 | 28.9% |
| United Arab Emirates | 0.5 | 1.2 | 4.4 | 6.9 | 139.9% |
| Australia | 6.3 | 3.3 | 7.3 | 5.0 | -7.4% |
| Singapore | 4.0 | 2.4 | 5.5 | 4.2 | 1.6% |
| Malaysia | N/A | 0.6 | 1.4 | 3.1 | 127.3% |
| Thailand | 2.0 | 4.2 | 5.6 | 3.1 | 15.7% |
| Taiwan (Chinese) | 2.4 | 2.1 | 2.2 | 1.4 | -16.4% |
| Others | 5.0 | 4.1 | 5.1 | 4.3 | -4.9% |
| Total | 52.7 | 43.4 | 67.0 | 58.8 | 3.7% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to New Zealand in 2022:
- South Korea (12.8K tons)
- Saudi Arabia (5.6K tons)
- United Arab Emirates (4.3K tons)
- Australia (3.8K tons)
- Singapore (2.2K tons)
- Thailand (1.8K tons)
- Malaysia (1.7K tons)
- Taiwan (Chinese) (0.6K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand
In 2022, approx. 655 tons of polymers of propylene or of other olefins, in primary formses were exported from New Zealand; waning by -11.8% on the previous year's figure. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, the exports reached the peak of 743 tons, and then reduced in the following year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses expanded rapidly to $1.2M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +78.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 365 | 391 | 448 | 467 | 8.6% |
| China | 96.3 | 1.4 | 244 | 254 | 38.2% |
| United States | N/A | 31.0 | 116 | 241 | 178.8% |
| Thailand | N/A | 23.9 | 62.6 | 78.8 | 81.6% |
| Mexico | 111 | 159 | 49.5 | N/A | -33.2% |
| Others | 122 | 62.0 | 116 | 148 | 6.7% |
| Total | 694 | 668 | 1,036 | 1,190 | 19.7% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from New Zealand in 2022:
- China (362.6 tons)
- Australia (194.6 tons)
- United States (50.7 tons)
- Thailand (18.2 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 New Zealand.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in New Zealand.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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