Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada - 2024
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada (CIF) - 2024
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada (FOB) - 2024
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada (CIF) - 2024
In January 2024, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,346 per ton, increasing by 9.4% against the previous month. In general, the import price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 22% month-to-month. Over the period under review, average import prices attained the peak figure at $3,452 per ton in June 2023; however, from July 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($2,985 per ton), while the price for the United States ($1,947 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada (FOB) - 2024
In January 2024, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $9,711 per ton, increasing by 36% against the previous month. Overall, the export price continues to indicate pronounced growth. The pace of growth appeared the most rapid in April 2023 an increase of 70% against the previous month. The export price peaked at $10,131 per ton in October 2023; however, from November 2023 to January 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was China ($42,887 per ton), while the average price for exports to the United States stood at $6,223 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.9%).
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada
In 2022, after three years of growth, there was significant decline in purchases abroad of propylene, other olefin polymers; polyisobutylene in primary formses, when their volume decreased by -11% to 6K tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 7.7% against the previous year.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses soared to $17M in 2022. The total import value increased at an average annual rate of +12.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.6 | 6.9 | 7.3 | 10.1 | 15.2% |
| Brazil | 2.1 | 1.9 | 1.6 | 2.1 | 0.0% |
| France | 2.1 | 3.0 | 2.5 | 1.9 | -3.3% |
| South Korea | 0.4 | N/A | 0.9 | 1.4 | 51.8% |
| Others | 0.6 | 1.0 | 1.1 | 1.0 | 18.6% |
| Total | 11.7 | 12.9 | 13.3 | 16.6 | 12.4% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Canada in 2022:
- United States (4.0K tons)
- Brazil (0.7K tons)
- France (0.6K tons)
- South Korea (0.5K tons)
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada
In 2022, exports of propylene, other olefin polymers; polyisobutylene in primary formses from Canada expanded notably to 2.2K tons, increasing by 7.7% compared with the previous year. In general, exports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses soared to $13M in 2022. Overall, exports recorded prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 53%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.9 | 5.4 | 7.9 | 10.9 | 16.5% |
| Singapore | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Others | 0.8 | N/A | 0.5 | 1.5 | 23.3% |
| Total | 7.9 | 5.4 | 8.3 | 12.5 | 16.5% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Canada in 2022:
- United States (2056.8 tons)
- Singapore (61.8 tons)
37
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Canada.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Canada.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
942
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
37
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Canada.
437
This report provides an in-depth analysis of the market for polypropylene in primary forms in Canada.
47
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
942
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
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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 ...
126
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
283
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.
678
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
