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

Contents:

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

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

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,770 per ton, with an increase of 25% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 119% against the previous year. As a result, import price attained the peak level of $3,911 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($2,770 per ton) and Saudi Arabia ($2,770 per ton), while the price for South Korea ($2,770 per ton) and Germany ($2,770 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+13.6%), 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 Egypt (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,897 per ton, with an increase of 21% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for propylene, other olefin polymers; polyisobutylene in primary formses increased by +7.8% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 43%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($2,897 per ton), while the average price for exports to France ($2,897 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 India (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses imported into Egypt surged to 629 tons, growing by 185% against the previous year. Over the period under review, imports showed significant growth. 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 skyrocketed to $1.7M in 2022. Overall, imports showed buoyant growth. 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 Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia44.221.7N/A806163.2%
Germany694868282640-2.7%
South KoreaN/AN/A59.5242306.7%
ChinaN/AN/AN/A40.70%
Canada90.8N/A30.513.0-47.7%
India22.828.435.7N/A25.1%
United Arab EmiratesN/A10.373.2N/A610.7%
Netherlands320N/AN/AN/A0%
Others42.57.48.5N/A-55.3%
Total1,2149354891,74212.8%

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

  1. Saudi Arabia (291.0 tons)
  2. Germany (231.2 tons)
  3. South Korea (87.3 tons)
  4. China (14.7 tons)
  5. Canada (4.7 tons)

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

In 2022, exports of propylene, other olefin polymers; polyisobutylene in primary formses from Egypt declined markedly to 109 tons, which is down by -77.3% compared with the previous year. Over the period under review, exports faced a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 378%. As a result, the exports attained the peak of 481 tons, and then declined significantly in the following year.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses reduced dramatically to $316K in 2022. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 352% against the previous year. As a result, the exports attained the peak of $1.1M, and then declined significantly in the following year.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/A77.4161108.0%
MoroccoN/A80.8N/A87.44.0%
NetherlandsN/AN/AN/A67.50%
Nigeria277N/AN/AN/A0%
Kenya115N/AN/AN/A0%
BelgiumN/AN/A696N/A0%
UgandaN/AN/A121N/A0%
Germany85.8N/AN/AN/A0%
United KingdomN/A99.7N/AN/A0%
Italy70.6N/A76.4N/A4.0%
Saudi Arabia141N/AN/AN/A0%
Turkey89.833.4N/AN/A-62.8%
BrazilN/AN/A86.9N/A0%
Others41.540.291.5N/A48.5%
Total8202541,149316-27.2%

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

  1. France (55.6 tons)
  2. Morocco (30.2 tons)
  3. Netherlands (23.3 tons)

Source: IndexBox Market Intelligence Platform

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