Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan (FOB) - 2023
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan (CIF) - 2023
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan (FOB) - 2023
The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $2,555 per ton in November 2023, with an increase of 11% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 17% against the previous month. The export price peaked at $2,591 per ton in March 2023; afterwards, it flattened through to November 2023.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Vietnam ($7,585 per ton), while the average price for exports to China ($1,612 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 Vietnam (+2.7%), 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 Japan (CIF) - 2023
The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,777 per ton in November 2023, surging by 3% against the previous month. Over the period under review, the import price, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 28% against the previous month. Over the period under review, average import prices attained the peak figure at $6,473 per ton in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Canada ($5,697 per ton), while the price for France ($1,901 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 China (+0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan
In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses exported from Japan was estimated at 16K tons, growing by 3.6% on 2021 figures. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses rose notably to $39M in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 2.5 | 5.4 | 9.3 | 47.5% |
| United States | 4.0 | 3.9 | 3.7 | 5.9 | 13.8% |
| Indonesia | 2.0 | 3.2 | 3.5 | 3.9 | 24.9% |
| Netherlands | 3.5 | 3.3 | 5.3 | 2.7 | -8.3% |
| Germany | 2.6 | 2.1 | 2.7 | 2.6 | 0.0% |
| Thailand | 2.0 | 1.1 | 1.7 | 2.3 | 4.8% |
| Italy | 1.9 | 1.4 | 2.3 | 2.1 | 3.4% |
| Taiwan (Chinese) | 2.0 | 1.4 | 1.7 | 1.6 | -7.2% |
| Dominican Republic | 0.8 | 1.3 | 1.5 | 1.1 | 11.2% |
| South Korea | 1.0 | 0.7 | 1.0 | 0.9 | -3.5% |
| Belgium | 1.8 | 2.0 | 0.5 | 0.2 | -51.9% |
| Others | 5.4 | 5.6 | 6.1 | 6.4 | 5.8% |
| Total | 29.9 | 28.3 | 35.5 | 39.0 | 9.3% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Japan in 2022:
- China (5.8K tons)
- Indonesia (1.5K tons)
- United States (1.5K tons)
- Netherlands (1.3K tons)
- Thailand (1.2K tons)
- Germany (1.0K tons)
- Taiwan (Chinese) (0.8K tons)
- Italy (0.6K tons)
- South Korea (0.3K tons)
- Dominican Republic (0.3K tons)
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Japan
In 2022, imports of propylene, other olefin polymers; polyisobutylene in primary formses into Japan rose sharply to 3.9K tons, with an increase of 14% compared with 2021 figures. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses skyrocketed to $17M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.7% against 2020 indices. 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.6 | 6.1 | 7.4 | 7.8 | 5.7% |
| Germany | 2.9 | 3.8 | 3.5 | 5.6 | 24.5% |
| South Korea | 1.7 | 1.3 | 2.2 | 2.6 | 15.2% |
| France | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| United States | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| China | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
| Others | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Total | 12.0 | 11.9 | 14.0 | 17.2 | 12.7% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Japan in 2022:
- Canada (1257.6 tons)
- South Korea (1226.2 tons)
- Germany (1023.5 tons)
- France (188.2 tons)
- United States (81.5 tons)
- China (62.1 tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Japan.
403
This report provides an in-depth analysis of the market for polypropylene in primary forms in Japan.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
60
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Japan.
403
This report provides an in-depth analysis of the market for polypropylene in primary forms in Japan.
44
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
116
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 ...
