Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany (FOB) - 2023
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany (CIF) - 2022
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany (FOB) - 2023
The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $2,576 per ton in November 2023, waning by -12% against the previous month. In general, the export price showed a slight curtailment. The pace of growth was the most pronounced in September 2023 when the average export price increased by 34% against the previous month. The export price peaked at $3,249 per ton in November 2022; however, from December 2022 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($5,263 per ton), while the average price for exports to Singapore ($1,715 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany (CIF) - 2022
In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,748 per ton, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. The import price peaked at $2,846 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Canada ($5,628 per ton), while the price for Belgium ($2,014 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.6%), 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 Germany
After two years of decline, shipments abroad of propylene, other olefin polymers; polyisobutylene in primary formses increased by 36% to 64K tons in 2022. Overall, exports, however, showed a drastic downturn.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses soared to $170M in 2022. Over the period under review, exports, however, saw a perceptible setback.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 15.5 | 15.6 | 14.2 | 43.2 | 40.7% |
| Italy | 57.5 | 24.4 | 26.1 | 34.3 | -15.8% |
| United States | 33.6 | 22.8 | 19.9 | 30.9 | -2.8% |
| France | 24.8 | 9.9 | 9.5 | 9.1 | -28.4% |
| Hungary | 4.2 | 5.0 | 5.9 | 6.5 | 15.7% |
| China | 4.2 | 5.0 | 4.5 | 5.6 | 10.1% |
| United Kingdom | 3.5 | 3.8 | 3.4 | 5.1 | 13.4% |
| Singapore | 10.5 | 4.4 | 3.1 | 4.3 | -25.7% |
| Netherlands | 6.7 | 4.9 | 4.5 | 4.0 | -15.8% |
| Others | 26.5 | 21.4 | 25.0 | 27.5 | 1.2% |
| Total | 187 | 117 | 116 | 170 | -3.1% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Germany in 2022:
- Belgium (23.9K tons)
- Italy (15.7K tons)
- United States (9.3K tons)
- Singapore (2.3K tons)
- France (2.2K tons)
- China (1.9K tons)
- Hungary (1.4K tons)
- United Kingdom (1.1K tons)
- Netherlands (1.0K tons)
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Germany
In 2022, overseas purchases of propylene, other olefin polymers; polyisobutylene in primary formses increased by 12% to 26K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt descent.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $72M in 2022. Over the period under review, imports showed a relatively flat trend pattern. 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 15.9 | 13.6 | 14.6 | 23.4 | 13.7% |
| France | 18.0 | 20.3 | 18.0 | 16.9 | -2.1% |
| Canada | 7.8 | 9.6 | 6.5 | 13.4 | 19.8% |
| Netherlands | 2.5 | 3.9 | 2.6 | 4.3 | 19.8% |
| Russia | 5.6 | 5.3 | 6.7 | 3.7 | -12.9% |
| Japan | 6.3 | 3.6 | 4.7 | 3.6 | -17.0% |
| China | 1.8 | 1.0 | 0.9 | 2.4 | 10.1% |
| United Kingdom | 4.3 | 6.3 | 1.0 | 0.7 | -45.4% |
| Others | 9.0 | 2.5 | 3.2 | 4.0 | -23.7% |
| Total | 71.2 | 66.0 | 58.2 | 72.2 | 0.5% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Germany in 2022:
- Belgium (11.6K tons)
- France (5.8K tons)
- Canada (2.4K tons)
- Netherlands (1.7K tons)
- Japan (1.1K tons)
- Russia (1.0K tons)
- China (0.6K tons)
- United Kingdom (0.1K tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Germany.
472
This report provides an in-depth analysis of the market for polypropylene in primary forms in Germany.
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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.
58
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Germany.
472
This report provides an in-depth analysis of the market for polypropylene in primary forms in Germany.
44
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.
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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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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 ...
