United Kingdom - Polyolefins other than Polypropylene - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Polyolefins other than Polypropylene - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyolefins Other than Polypropylene in the UK - 2023

Contents:

  1. Price for Polyolefins Other than Polypropylene in the UK (CIF) - 2023
  2. Price for Polyolefins Other than Polypropylene in the UK (FOB) - 2023
  3. Imports of Polyolefins Other than Polypropylene in the UK
  4. Exports of Polyolefins Other than Polypropylene in the UK

Price for Polyolefins Other than Polypropylene in the UK (CIF) - 2023

In November 2023, the average polyolefins other than polypropylene import price amounted to $1,693 per ton, increasing by 2.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $1,897 per ton in February 2023; however, from March 2023 to November 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 ($3,721 per ton), while the price for South Africa ($1,295 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Finland (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyolefins Other than Polypropylene in the UK (FOB) - 2023

The average polyolefins other than polypropylene export price stood at $2,764 per ton in November 2023, growing by 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 29% against the previous month. Over the period under review, the average export prices attained the maximum in November 2023.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Ireland ($3,772 per ton), while the average price for exports to Malaysia ($691 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyolefins Other than Polypropylene in the UK

After two years of decline, supplies from abroad of polyolefins other than polypropylene increased by 1.8% to 289K tons in 2022. In general, imports, however, saw a pronounced contraction.

In value terms, polyolefins other than polypropylene imports amounted to $600M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Polyolefins Other than Polypropylene in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1731552281730.0%
Belgium146123121136-2.3%
Germany77.968.657.189.34.7%
France53.833.535.932.7-15.3%
South Korea24.013.015.229.16.6%
United States4.73.68.822.468.3%
Finland4.85.4N/A13.741.8%
Spain10.75.08.911.73.0%
Austria11.19.31.09.4-5.4%
South AfricaN/A0.33.97.6403.3%
Others32.238.863.276.133.2%
Total5384555436003.7%

Top Suppliers of Polyolefins Other than Polypropylene to the UK in 2022:

  1. Netherlands (87.5K tons)
  2. Belgium (66.7K tons)
  3. Germany (43.8K tons)
  4. France (16.1K tons)
  5. South Korea (14.2K tons)
  6. Finland (7.1K tons)
  7. Spain (5.7K tons)
  8. United States (5.4K tons)
  9. Austria (4.8K tons)
  10. South Africa (4.7K tons)

Exports of Polyolefins Other than Polypropylene in the UK

In 2022, exports of polyolefins other than polypropylene from the UK contracted to 34K tons, waning by -11.1% on the previous year's figure. Overall, exports recorded a deep reduction.

In value terms, polyolefins other than polypropylene exports shrank to $86M in 2022. In general, exports showed a abrupt descent. The smallest decline of -0.2% was in 2021.

Export of Polyolefins Other than Polypropylene in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium23.611.625.424.71.5%
France19.314.120.020.31.7%
Poland8.97.611.17.9-3.9%
Czech Republic12.48.73.75.4-24.2%
Turkey9.25.46.65.0-18.4%
Germany16.214.14.53.5-40.0%
Ireland5.69.62.52.2-26.8%
South Africa1.30.61.11.913.5%
Netherlands5.42.42.31.7-32.0%
Malaysia0.1N/A0.11.7157.1%
Italy2.82.31.20.5-43.7%
MoldovaN/AN/AN/A0.20%
Spain4.73.20.40.2-65.1%
Others20.213.914.611.2-17.8%
Total13093.793.586.3-12.8%

Top Export Markets for Polyolefins Other than Polypropylene from the UK in 2022:

  1. Belgium (9.3K tons)
  2. France (8.4K tons)
  3. Poland (3.5K tons)
  4. Czech Republic (2.2K tons)
  5. Turkey (1.8K tons)
  6. Malaysia (1.7K tons)
  7. Germany (1.0K tons)
  8. Ireland (1.0K tons)
  9. Netherlands (0.6K tons)
  10. South Africa (0.6K tons)
  11. Moldova (0.6K tons)
  12. Italy (0.1K tons)
  13. Spain (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyolefins other than polypropylene in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20165150 - Polymers of propylene or of other olefins, in primary forms (excluding polypropylene)

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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