Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Poland - 2023

Contents:

1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Poland (CIF) - 2023
2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Poland (FOB) - 2023
3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Poland
4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Poland

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Poland (CIF) - 2023

In October 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,413 per ton, waning by -11.4% against the previous month. In general, the import price saw a slight descent. The most prominent rate of growth was recorded in November 2022 an increase of 7.4% month-to-month. Over the period under review, average import prices hit record highs at $1,745 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($1,879 per ton), while the price for Vietnam ($1,099 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 Kazakhstan (+2.4%), 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 Poland (FOB) - 2023

The average export price for polymers of propylene or of other olefins, in primary formses stood at $1,847 per ton in October 2023, rising by 19% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($2,207 per ton), while the average price for exports to Ecuador ($956 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+1.8%), 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 Poland

In 2022, purchases abroad of polymers of propylene or of other olefins, in primary formses decreased by -14.8% to 924K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of 1.1M tons, and then contracted in the following year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses shrank to $1.8B in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73%. As a result, imports attained the peak of $2B, and then fell in the following year.

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

1. Germany (233.6K tons)
2. Belgium (108.1K tons)
3. Netherlands (87.2K tons)
4. Czech Republic (73.3K tons)
5. Slovakia (57.0K tons)
6. Italy (53.0K tons)
7. Austria (50.3K tons)
8. South Korea (47.9K tons)
9. Russia (47.2K tons)
10. Hungary (42.4K tons)
11. France (20.7K tons)

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

In 2022, shipments abroad of polymers of propylene or of other olefins, in primary formses decreased by -0.3% to 282K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 9.3% against the previous year. As a result, the exports attained the peak of 283K tons, leveling off in the following year.

In value terms, exports of polymers of propylene or of other olefins, in primary formses expanded modestly to $516M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +62.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Germany (73.0K tons)
2. Czech Republic (40.2K tons)
3. Italy (31.9K tons)
4. Hungary (28.5K tons)
5. France (20.9K tons)
6. Slovakia (18.1K tons)
7. Romania (9.4K tons)
8. Belgium (9.4K tons)
9. Netherlands (8.0K tons)
10. United Kingdom (5.0K tons)
11. Lithuania (4.9K tons)
12. Sweden (3.7K tons)

Source: IndexBox Market Intelligence Platform