China - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polypropylene in Primary Forms in China - 2023
Contents:
- Price for Polypropylene in Primary Forms in China (CIF) - 2023
- Price for Polypropylene in Primary Forms in China (FOB) - 2023
- Imports of Polypropylene in Primary Forms in China
- Exports of Polypropylene in Primary Forms in China
Price for Polypropylene in Primary Forms in China (CIF) - 2023
In September 2023, the average polypropylene in primary forms import price amounted to $1,011 per ton, remaining constant against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 4.4% m-o-m. As a result, import price attained the peak level of $1,109 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,852 per ton), while the price for Vietnam ($594 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polypropylene in Primary Forms in China (FOB) - 2023
In September 2023, the average polypropylene in primary forms export price amounted to $1,108 per ton, shrinking by -5.1% against the previous month. Overall, the export price showed a pronounced shrinkage. The pace of growth appeared the most rapid in December 2022 an increase of 4.6% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,790 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($1,514 per ton), while the average price for exports to Bangladesh ($940 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-2.0%), while the prices for the other major destinations experienced a decline.
Imports of Polypropylene in Primary Forms in China
In 2022, supplies from abroad of polypropylene in primary forms decreased by -7.8% to 2.9M tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep slump. The growth pace was the most rapid in 2020 when imports increased by 29%. As a result, imports reached the peak of 4.5M tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, polypropylene in primary forms imports shrank to $3.6B in 2022. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $4.5B. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Polypropylene in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 997 | 964 | 1,089 | 905 | -3.2% |
| United Arab Emirates | 266 | 407 | 442 | 436 | 17.9% |
| Saudi Arabia | 532 | 558 | 443 | 370 | -11.4% |
| Singapore | 416 | 386 | 434 | 323 | -8.1% |
| Taiwan (Chinese) | 343 | 344 | 378 | 317 | -2.6% |
| Japan | 223 | 255 | 280 | 269 | 6.5% |
| Thailand | 283 | 286 | 240 | 170 | -15.6% |
| Russia | 130 | 120 | 15.2 | 114 | -4.3% |
| Vietnam | 169 | 211 | 74.0 | 102 | -15.5% |
| Malaysia | 164 | 179 | 112 | 88.0 | -18.7% |
| Others | 508 | 834 | 544 | 471 | -2.5% |
| Total | 4,032 | 4,545 | 4,051 | 3,565 | -4.0% |
Top Suppliers of Polypropylene in Primary Forms to China in 2022:
- South Korea (677.9K tons)
- United Arab Emirates (408.6K tons)
- Saudi Arabia (324.0K tons)
- Japan (285.8K tons)
- Singapore (245.7K tons)
- Taiwan (Chinese) (225.6K tons)
- Russia (139.7K tons)
- Thailand (137.1K tons)
- Vietnam (118.3K tons)
- Malaysia (101.5K tons)
Exports of Polypropylene in Primary Forms in China
After three years of growth, overseas shipments of polypropylene in primary forms decreased by -9.1% to 1.2M tons in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 247% against the previous year. As a result, the exports reached the peak of 1.3M tons, and then contracted in the following year.
In value terms, polypropylene in primary forms exports dropped to $1.7B in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 260%. As a result, the exports reached the peak of $1.9B, and then reduced in the following year.
| Export of Polypropylene in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 164 | 173 | 335 | 230 | 11.9% |
| India | 7.5 | 8.8 | 167 | 136 | 162.7% |
| Philippines | 9.0 | 17.1 | 75.9 | 102 | 124.6% |
| Bangladesh | 4.4 | 7.7 | 114 | 81.3 | 164.4% |
| Indonesia | 17.0 | 20.9 | 82.7 | 76.3 | 65.0% |
| Pakistan | 4.0 | 8.1 | 98.5 | 73.8 | 164.2% |
| Peru | 10.8 | 5.1 | 50.3 | 72.9 | 89.0% |
| Mexico | 3.6 | 3.1 | 40.2 | 63.9 | 160.9% |
| Thailand | 27.3 | 30.9 | 55.1 | 63.5 | 32.5% |
| Turkey | 5.7 | 5.2 | 107 | 63.0 | 122.8% |
| Brazil | 3.4 | 5.2 | 62.5 | 59.4 | 159.5% |
| Guatemala | 0.6 | 1.1 | 25.1 | 58.2 | 359.5% |
| Ecuador | 2.5 | 1.7 | 28.4 | 42.8 | 157.7% |
| Others | 213 | 234 | 636 | 615 | 42.4% |
| Total | 473 | 522 | 1,878 | 1,738 | 54.3% |
Top Export Markets for Polypropylene in Primary Forms from China in 2022:
- Vietnam (132.5K tons)
- India (103.8K tons)
- Bangladesh (63.6K tons)
- Philippines (60.9K tons)
- Peru (58.8K tons)
- Pakistan (56.4K tons)
- Indonesia (53.3K tons)
- Guatemala (46.0K tons)
- Brazil (45.7K tons)
- Turkey (45.7K tons)
- Mexico (43.4K tons)
- Ecuador (34.5K tons)
- Thailand (34.0K tons)
This report provides an in-depth analysis of the market for polypropylene in primary forms in China. 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 20165130 - Polypropylene, in primary forms
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for polypropylene in primary forms in China.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in China.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in China.
37
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in China.
920
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
651
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
98
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
