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

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Italy (CIF) - 2023
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Italy (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Italy
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Italy

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Italy (CIF) - 2023

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $1,949 per ton in November 2023, remaining stable against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 15% month-to-month. Over the period under review, average import prices attained the maximum at $2,109 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,277 per ton), while the price for Germany ($1,822 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), 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 Italy (FOB) - 2022

The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,102 per ton in 2022, rising by 53% against the previous year. In general, the export price, however, recorded a noticeable decline. Over the period under review, the average export prices reached the peak figure at $5,871 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($4,777 per ton), while the average price for exports to Poland ($1,301 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 Saudi Arabia (+2.8%), 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 Italy

In 2022, imports of propylene, other olefin polymers; polyisobutylene in primary formses into Italy expanded markedly to 61K tons, increasing by 5.2% compared with 2021. Over the period under review, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $126M in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany88.757.670.589.20.2%
South Korea12.67.712.619.014.7%
France6.35.67.26.30.0%
Belgium0.80.42.84.273.8%
China4.53.13.02.6-16.7%
United States8.25.34.00.1-77.0%
Others3.62.94.84.79.3%
Total12582.51051260.3%

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

  1. Germany (45.5K tons)
  2. South Korea (8.2K tons)
  3. France (2.8K tons)
  4. Belgium (2.2K tons)
  5. China (0.7K tons)

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

In 2022, approx. 2.3K tons of propylene, other olefin polymers; polyisobutylene in primary formses were exported from Italy; rising by 105% compared with the previous year. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,094%. As a result, the exports reached the peak of 2.3K tons; afterwards, it flattened through to 2022.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses skyrocketed to $7M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 575% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.7N/A74.54,2291721.3%
United States117N/A12487295.3%
Czech RepublicN/A17916549366.0%
PolandN/A3.242.2242769.6%
IrelandN/AN/AN/A2130%
France21.44,665804194108.5%
Spain22.325934813682.7%
Germany28328118.515.2-62.3%
Others42043866263915.0%
Total8635,8252,2387,034101.2%

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

  1. Belgium (1393.7 tons)
  2. United States (206.8 tons)
  3. Poland (186.4 tons)
  4. Czech Republic (163.6 tons)
  5. Ireland (65.8 tons)
  6. France (61.7 tons)
  7. Spain (57.7 tons)
  8. Germany (4.5 tons)

Source: IndexBox Market Intelligence Platform

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