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

Contents:

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

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

In October 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,174 per ton, reducing by -23.8% against the previous month. Overall, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in December 2022 an increase of 15% month-to-month. As a result, import price reached the peak level of $1,948 per ton. From January 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 ($1,669 per ton), while the price for South Korea ($1,080 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 the UK (+0.3%), 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 Sweden (FOB) - 2022

In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $2,595 per ton, rising by 2.9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($4,198 per ton), while the average price for exports to the Netherlands ($1,099 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 Lithuania (+4.0%), 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 Sweden

Imports of polymers of propylene or of other olefins, in primary formses into Sweden reduced to 227K tons in 2022, standing approx. at the year before. In general, imports showed a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 0.5% against the previous year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses amounted to $445M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Germany (49.8K tons)
2. Belgium (37.1K tons)
3. Saudi Arabia (33.6K tons)
4. Finland (24.6K tons)
5. Netherlands (23.2K tons)
6. Denmark (10.5K tons)
7. France (8.1K tons)
8. Austria (7.5K tons)
9. South Korea (7.5K tons)
10. United Kingdom (5.8K tons)
11. Italy (4.8K tons)
12. Poland (3.9K tons)
13. Czech Republic (3.5K tons)

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

In 2022, after three years of growth, there was decline in overseas shipments of polymers of propylene or of other olefins, in primary formses, when their volume decreased by -1.3% to 48K tons. The total export volume increased at an average annual rate of +7.9% 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 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 49K tons, and then reduced slightly in the following year.

In value terms, exports of polymers of propylene or of other olefins, in primary formses totaled $125M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +50.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. Germany (11.3K tons)
2. Denmark (8.7K tons)
3. Finland (5.0K tons)
4. Netherlands (3.7K tons)
5. Poland (3.5K tons)
6. Norway (1.9K tons)
7. Lithuania (1.8K tons)
8. Hungary (1.7K tons)
9. Czech Republic (1.6K tons)
10. Estonia (1.6K tons)
11. Belgium (1.2K tons)
12. France (1.0K tons)
13. Slovakia (0.9K tons)

Source: IndexBox Market Intelligence Platform