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

Contents:

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

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in the Netherlands (FOB) - 2023

In October 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,982 per ton, increasing by 9.6% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. 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 the United States ($3,796 per ton), while the average price for exports to the UK ($1,594 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 Switzerland (+1.3%), 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 the Netherlands (CIF) - 2023

The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,815 per ton in October 2023, picking up by 3.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 10% m-o-m. The import price peaked at $2,070 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,222 per ton), while the price for Vietnam ($1,027 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 Israel (+2.1%), 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 the Netherlands

In 2022, shipments abroad of polymers of propylene or of other olefins, in primary formses decreased by -11.8% to 1.1M tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 6.9%.

In value terms, exports of polymers of propylene or of other olefins, in primary formses contracted slightly to $2.3B in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $2.4B, and then reduced modestly in the following year.

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

1. Germany (269.6K tons)
2. Belgium (232.0K tons)
3. United Kingdom (82.9K tons)
4. Italy (61.2K tons)
5. France (61.0K tons)
6. Poland (59.9K tons)
7. United States (36.4K tons)
8. Spain (31.1K tons)
9. Czech Republic (24.3K tons)
10. China (23.0K tons)
11. Turkey (18.7K tons)
12. Denmark (18.6K tons)

Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in the Netherlands

After three years of growth, purchases abroad of polymers of propylene or of other olefins, in primary formses decreased by -13% to 518K tons in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 10%. As a result, imports reached the peak of 596K tons, and then declined in the following year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses fell modestly to $1B in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +38.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of $1.1B, and then reduced in the following year.

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

1. Belgium (149.5K tons)
2. Germany (107.8K tons)
3. United Kingdom (63.4K tons)
4. Austria (31.0K tons)
5. Saudi Arabia (28.9K tons)
6. France (27.6K tons)
7. Italy (15.8K tons)
8. United States (12.7K tons)
9. Spain (10.4K tons)
10. Poland (9.5K tons)
11. Israel (8.8K tons)
12. South Korea (8.8K tons)

Source: IndexBox Market Intelligence Platform