Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ethiopia - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ethiopia (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ethiopia

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

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $556 per ton in 2022, which is down by -59.6% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. As a result, import price reached the peak level of $1,776 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +5.5% per year.

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

In 2022, purchases abroad of propylene, other olefin polymers; polyisobutylene in primary formses decreased by -33.9% to 115 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of 313 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses contracted rapidly to $64K in 2022. In general, imports saw a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of $416K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand17.652.118.664.153.9%
Oman5.24.92.2N/A-35.0%
Taiwan (Chinese)210289182N/A-6.9%
Saudi Arabia80.170.037.0N/A-32.0%
Others0.40.50.3N/A-13.4%
Total31341624064.1-41.1%

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

  1. Thailand (115.0 tons)

Source: IndexBox Market Intelligence Platform

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