Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium (FOB) - 2023
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium (CIF) - 2022
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium (FOB) - 2023
In November 2023, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $1,596 per ton, standing approximately at the previous month. In general, the export price, however, recorded a slight reduction. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,865 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In November 2023, the highest price was recorded for prices to the United States ($2,076 per ton) and the Netherlands ($1,839 per ton), while the average price for exports to Italy ($1,422 per ton) and Singapore ($1,427 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium (CIF) - 2022
The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $1,953 per ton in 2022, increasing by 33% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $1,959 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,791 per ton), while the price for France ($1,817 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium
In 2022, approx. 110K tons of propylene, other olefin polymers; polyisobutylene in primary formses were exported from Belgium; which is down by -7.1% against the previous year. Over the period under review, exports, however, saw a mild increase. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of 119K tons, and then reduced in the following year.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $199M in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 73.0 | 49.2 | 71.9 | 76.6 | 1.6% |
| Italy | 34.9 | 30.0 | 43.9 | 55.9 | 17.0% |
| United States | 17.6 | 26.3 | 23.2 | 23.3 | 9.8% |
| Germany | 12.4 | 8.9 | 9.4 | 19.3 | 15.9% |
| Singapore | N/A | 2.2 | 2.6 | 4.9 | 49.2% |
| United Kingdom | 3.6 | 2.8 | 3.9 | 3.2 | -3.9% |
| Belarus | 4.4 | 3.7 | 3.9 | 1.2 | -35.2% |
| Others | 10.5 | 11.3 | 13.6 | 14.2 | 10.6% |
| Total | 156 | 134 | 172 | 199 | 8.5% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Belgium in 2022:
- France (45.2K tons)
- Italy (31.3K tons)
- United States (11.5K tons)
- Germany (10.2K tons)
- Singapore (3.4K tons)
- United Kingdom (1.8K tons)
- Belarus (0.7K tons)
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium
In 2022, imports of propylene, other olefin polymers; polyisobutylene in primary formses into Belgium surged to 45K tons, with an increase of 90% against the previous year's figure. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $87M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.9 | 19.9 | 22.1 | 68.1 | 74.1% |
| South Korea | 1.7 | 0.5 | 0.1 | 5.5 | 47.9% |
| France | 2.4 | 3.0 | 3.9 | 4.5 | 23.3% |
| Italy | 0.2 | 0.2 | 0.3 | 4.1 | 173.7% |
| Netherlands | 2.0 | 0.9 | 1.2 | 1.5 | -9.1% |
| Others | 4.2 | 2.8 | 6.8 | 3.4 | -6.8% |
| Total | 23.3 | 27.2 | 34.5 | 87.0 | 55.1% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Belgium in 2022:
- Germany (37.2K tons)
- France (2.5K tons)
- South Korea (2.2K tons)
- Italy (1.3K tons)
- Netherlands (0.5K tons)
65
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Belgium.
936
This report provides an in-depth analysis of the market for polypropylene in primary forms in Belgium.
43
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
935
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
65
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Belgium.
936
This report provides an in-depth analysis of the market for polypropylene in primary forms in Belgium.
43
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
935
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
585
From 2012 to 2018, the average annual growth rate of volume to Germany stood at +2.3%.
115
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
268
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.
672
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
585
From 2012 to 2018, the average annual growth rate of volume to Germany stood at +2.3%.
115
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
268
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.
672
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
