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

Contents:

1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Serbia (CIF) - 2022
2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Serbia (FOB) - 2023
3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Serbia
4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Serbia

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Serbia (CIF) - 2022

In 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,710 per ton, declining by -8.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 72% against the previous year. As a result, import price attained the peak level of $1,870 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,165 per ton), while the price for Romania ($1,298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%), 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 Serbia (FOB) - 2023

The average export price for polymers of propylene or of other olefins, in primary formses stood at $1,196 per ton in November 2023, rising by 1.9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 27% month-to-month. As a result, the export price attained the peak level of $1,556 per ton. From January 2023 to November 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In November 2023, the highest price was recorded for prices to Slovenia ($1,315 per ton) and Bulgaria ($1,253 per ton), while the average price for exports to Croatia ($953 per ton) and Bosnia and Herzegovina ($1,077 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Serbia

Imports of polymers of propylene or of other olefins, in primary formses into Serbia reached 83K tons in 2022, remaining constant against 2021. Over the period under review, imports, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 1.6% against the previous year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses contracted to $141M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.8% 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 +60.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 74%. As a result, imports reached the peak of $153M, and then fell in the following year.

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

1. Saudi Arabia (10.9K tons)
2. Bulgaria (10.5K tons)
3. Finland (7.7K tons)
4. Romania (7.1K tons)
5. Italy (6.6K tons)
6. Russia (6.0K tons)
7. Germany (5.6K tons)
8. Hungary (4.0K tons)
9. Slovakia (3.6K tons)
10. Poland (2.9K tons)
11. Netherlands (2.5K tons)
12. Austria (2.3K tons)
13. Belgium (2.3K tons)

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

In 2022, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by -37.6% to 17K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, the exports reached the peak of 27K tons, and then shrank remarkably in the following year.

In value terms, exports of polymers of propylene or of other olefins, in primary formses shrank remarkably to $26M in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 151%. As a result, the exports reached the peak of $43M, and then dropped sharply in the following year.

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

1. Ukraine (4.8K tons)
2. Bosnia and Herzegovina (3.1K tons)
3. Hungary (1.9K tons)
4. Croatia (1.6K tons)
5. Bulgaria (1.2K tons)
6. Slovenia (1.1K tons)
7. Italy (1.0K tons)
8. Romania (0.2K tons)
9. Czech Republic (0.2K tons)
10. Slovakia (0.1K tons)

Source: IndexBox Market Intelligence Platform