Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia (FOB) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia (CIF) - 2023
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia (FOB) - 2023
The average export price for polymers of propylene or of other olefins, in primary formses stood at $1,725 per ton in October 2023, surging by 20% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.8%. As a result, the export price attained 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 ($2,416 per ton), while the average price for exports to Bosnia and Herzegovina ($1,302 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 Turkey (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia (CIF) - 2023
In October 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,805 per ton, declining by -2.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 22% m-o-m. As a result, import price reached the peak level of $2,006 per ton. From July 2023 to October 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 the UK ($2,466 per ton), while the price for South Africa ($1,205 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 Austria (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia
After three years of growth, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by -6.3% to 272K tons in 2022. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses dropped to $494M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 74%. As a result, the exports attained the peak of $559M, and then contracted in the following year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 56.7 | 70.5 | 151 | 115 | 26.6% |
| Czech Republic | 88.5 | 80.7 | 110 | 92.0 | 1.3% |
| Italy | 48.8 | 48.6 | 74.4 | 66.0 | 10.6% |
| Germany | 53.6 | 41.3 | 80.9 | 62.7 | 5.4% |
| Hungary | 10.9 | 2.3 | 3.3 | 34.8 | 47.2% |
| Austria | 25.1 | 16.7 | 33.6 | 26.2 | 1.4% |
| Ukraine | 11.5 | 8.9 | 15.6 | 21.4 | 23.0% |
| Romania | 8.0 | 8.2 | 12.1 | 13.1 | 17.9% |
| France | 8.9 | 8.5 | 17.9 | 12.2 | 11.1% |
| Others | 28.7 | 34.7 | 60.5 | 51.0 | 21.1% |
| Total | 341 | 321 | 559 | 494 | 13.2% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Slovakia in 2022:
- Poland (64.1K tons)
- Czech Republic (49.8K tons)
- Italy (38.9K tons)
- Germany (32.8K tons)
- Hungary (19.9K tons)
- Austria (14.7K tons)
- Ukraine (11.8K tons)
- Romania (7.3K tons)
- France (6.5K tons)
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia
In 2022, imports of polymers of propylene or of other olefins, in primary formses into Slovakia fell to 173K tons, shrinking by -5.5% compared with the previous year. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports attained the peak of 183K tons, and then contracted in the following year.
In value terms, imports of polymers of propylene or of other olefins, in primary formses expanded notably to $377M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 30.5 | 45.9 | 62.1 | 68.2 | 30.8% |
| Germany | 47.1 | 44.5 | 59.1 | 65.8 | 11.8% |
| Netherlands | 15.8 | 26.1 | 37.8 | 48.7 | 45.5% |
| Austria | 11.3 | 21.8 | 38.3 | 42.5 | 55.5% |
| Poland | 37.9 | 38.9 | 48.6 | 36.0 | -1.7% |
| Belgium | 35.8 | 24.3 | 25.7 | 25.4 | -10.8% |
| Hungary | 20.9 | 5.3 | 7.8 | 20.5 | -0.6% |
| France | 12.5 | 12.0 | 15.6 | 19.0 | 15.0% |
| Italy | 11.2 | 12.5 | 16.5 | 16.6 | 14.0% |
| Romania | 1.4 | 10.6 | 16.6 | 11.7 | 102.9% |
| South Korea | 19.0 | 5.8 | 4.6 | 4.4 | -38.6% |
| Others | 58.5 | 12.2 | 17.9 | 18.4 | -32.0% |
| Total | 302 | 260 | 351 | 377 | 7.7% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Slovakia in 2022:
- Czech Republic (33.3K tons)
- Germany (27.6K tons)
- Netherlands (22.0K tons)
- Austria (19.6K tons)
- Poland (16.1K tons)
- Belgium (12.9K tons)
- Hungary (10.1K tons)
- France (8.6K tons)
- Italy (7.5K tons)
- Romania (7.4K tons)
- South Korea (2.2K tons)
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