Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria (CIF) - 2022
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria (CIF) - 2022

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,421 per ton in 2022, jumping by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,687 per ton), while the price for Thailand ($2,199 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,901 per ton, with a decrease of -23% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 77%. The export price peaked at $7,158 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($3,739 per ton), while the average price for exports to Germany ($1,464 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 Algeria (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria

In 2022, imports of propylene, other olefin polymers; polyisobutylene in primary formses into Austria rose significantly to 651 tons, with an increase of 5.3% compared with 2021 figures. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses skyrocketed to $2.2M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +71.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France58254389592016.5%
Germany34543046366124.2%
Netherlands2422041932805.0%
Belgium11712424816111.2%
ThailandN/AN/AN/A1520%
CroatiaN/AN/AN/A48.80%
Others78.70.98.34.5-61.5%
Total1,3651,3031,8072,22817.7%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Austria in 2022:

  1. France (298.4 tons)
  2. Germany (116.3 tons)
  3. Netherlands (98.9 tons)
  4. Thailand (69.2 tons)
  5. Belgium (46.1 tons)
  6. Croatia (21.0 tons)

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria

For the fourth year in a row, Austria recorded growth in overseas shipments of propylene, other olefin polymers; polyisobutylene in primary formses, which increased by 35% to 247 tons in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 190%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses reached $716K in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 191%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia49.4121539595129.2%
Germany0.50.30.175.2431.8%
Serbia16.78.59.717.61.8%
Hungary2.93.141.415.775.6%
AlgeriaN/A52.8N/AN/A0%
Czech RepublicN/AN/A34.4N/A0%
Romania36.143.962.4N/A31.5%
Others8.06.70.112.516.0%
Total11423668771684.5%

Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Austria in 2022:

  1. Slovenia (181.8 tons)
  2. Germany (51.4 tons)
  3. Serbia (7.1 tons)
  4. Hungary (4.2 tons)

Source: IndexBox Market Intelligence Platform

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