United Kingdom - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polypropylene in Primary Forms in the UK - 2023
Contents:
- Price for Polypropylene in Primary Forms in the UK (CIF) - 2023
- Price for Polypropylene in Primary Forms in the UK (FOB) - 2023
- Imports of Polypropylene in Primary Forms in the UK
- Exports of Polypropylene in Primary Forms in the UK
Price for Polypropylene in Primary Forms in the UK (CIF) - 2023
The average polypropylene in primary forms import price stood at $1,487 per ton in August 2023, with a decrease of -6.2% against the previous month. Overall, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 6% against the previous month. The import price peaked at $1,987 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($2,506 per ton), while the price for Vietnam ($840 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Polypropylene in Primary Forms in the UK (FOB) - 2023
The average polypropylene in primary forms export price stood at $1,305 per ton in August 2023, shrinking by -6.3% against the previous month. Over the period under review, the export price saw a perceptible curtailment. The growth pace was the most rapid in April 2023 when the average export price increased by 15% m-o-m. Over the period under review, the average export prices reached the maximum at $1,849 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($2,296 per ton), while the average price for exports to Ireland ($641 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.9%), while the prices for the other major destinations experienced a decline.
Imports of Polypropylene in Primary Forms in the UK
For the third year in a row, the UK recorded decline in purchases abroad of polypropylene in primary forms, which decreased by -3.3% to 208K tons in 2022. In general, imports recorded a abrupt decrease.
In value terms, polypropylene in primary forms imports expanded slightly to $397M in 2022. Over the period under review, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
| Import of Polypropylene in Primary Forms in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 92.7 | 73.5 | 70.3 | 102 | 3.2% |
| Belgium | 89.7 | 72.3 | 60.1 | 46.1 | -19.9% |
| Israel | 32.0 | 21.4 | 40.2 | 27.4 | -5.0% |
| Saudi Arabia | 14.9 | 18.7 | 21.8 | 25.5 | 19.6% |
| France | 37.0 | 19.3 | 34.4 | 19.8 | -18.8% |
| United States | 12.6 | 12.4 | 16.0 | 19.5 | 15.7% |
| South Africa | 16.2 | 8.8 | 17.3 | 17.4 | 2.4% |
| Italy | 12.0 | 13.0 | 14.1 | 17.1 | 12.5% |
| Spain | 9.9 | 8.0 | 9.4 | 16.0 | 17.4% |
| South Korea | 8.2 | 3.3 | 6.7 | 15.0 | 22.3% |
| Netherlands | 68.9 | 27.3 | 32.4 | 13.9 | -41.4% |
| Ireland | 5.7 | 5.8 | 11.1 | 13.2 | 32.3% |
| Finland | 10.3 | 8.0 | 0.5 | 12.9 | 7.8% |
| Others | 36.7 | 33.9 | 55.1 | 51.1 | 11.7% |
| Total | 447 | 326 | 389 | 397 | -3.9% |
Top Suppliers of Polypropylene in Primary Forms to the UK in 2022:
- Germany (49.7K tons)
- Belgium (24.7K tons)
- Saudi Arabia (16.0K tons)
- Israel (15.0K tons)
- Ireland (12.1K tons)
- South Africa (11.0K tons)
- France (10.1K tons)
- Italy (9.3K tons)
- Spain (8.0K tons)
- South Korea (7.8K tons)
- Netherlands (7.2K tons)
- United States (6.1K tons)
- Finland (5.7K tons)
Exports of Polypropylene in Primary Forms in the UK
After three years of growth, shipments abroad of polypropylene in primary forms decreased by -14.8% to 186K tons in 2022. The total export volume increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 16%.
In value terms, polypropylene in primary forms exports shrank to $308M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +27.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, the exports reached the peak of $345M, and then dropped in the following year.
| Export of Polypropylene in Primary Forms in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 27.0 | 16.6 | 71.9 | 72.5 | 39.0% |
| Belgium | 76.8 | 59.2 | 78.9 | 48.4 | -14.3% |
| Germany | 25.4 | 36.9 | 42.6 | 40.3 | 16.6% |
| France | 22.3 | 18.8 | 32.1 | 36.6 | 18.0% |
| Italy | 9.5 | 12.5 | 18.8 | 17.2 | 21.9% |
| Ireland | 16.3 | 15.7 | 12.3 | 16.8 | 1.0% |
| Sweden | 5.2 | 5.5 | 11.4 | 9.2 | 20.9% |
| Switzerland | 5.0 | 3.9 | 6.1 | 6.3 | 8.0% |
| Spain | 2.1 | 4.4 | 4.1 | 5.6 | 38.7% |
| Malaysia | 0.1 | 0.2 | 0.4 | 4.6 | 258.3% |
| Turkey | 6.3 | 15.4 | 4.4 | 4.5 | -10.6% |
| Poland | 7.6 | 8.1 | 6.3 | 4.0 | -19.3% |
| Others | 38.5 | 43.7 | 55.9 | 41.6 | 2.6% |
| Total | 242 | 241 | 345 | 308 | 8.4% |
Top Export Markets for Polypropylene in Primary Forms from the UK in 2022:
- Netherlands (46.7K tons)
- Belgium (30.0K tons)
- Germany (23.5K tons)
- France (18.1K tons)
- Ireland (16.4K tons)
- Italy (11.7K tons)
- Sweden (5.4K tons)
- Malaysia (3.3K tons)
- Spain (3.3K tons)
- Switzerland (3.2K tons)
- Turkey (2.4K tons)
- Poland (2.2K tons)
This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, in primary forms
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:
- 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
-
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
370
This report provides an in-depth analysis of the market for polypropylene in primary forms in the UK.
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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 the UK.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in the UK.
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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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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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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
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