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

Contents:

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

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

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $4,389 per ton in 2022, surging by 31% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for propylene, other olefin polymers; polyisobutylene in primary formses increased by +54.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 France ($15,377 per ton), while the price for the Netherlands ($3,018 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.7%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $3,754 per ton, rising by 17% against the previous year. Over the period under review, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 83% against the previous year. As a result, the export price reached the peak level of $5,703 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($7,500 per ton), while the average price for exports to Turkey ($3,635 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+137.5%), 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 Luxembourg

In 2022, imports of propylene, other olefin polymers; polyisobutylene in primary formses into Luxembourg declined to 249 tons, falling by -7% against the previous year. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 110%. As a result, imports reached the peak of 268 tons, and then shrank in the following year.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses soared to $1.1M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 90% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands14924359466564.6%
France344108162310-3.4%
Belgium8.735.499.3117137.8%
Others29.886.442.40.6-72.8%
Total5314738981,09327.2%

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

  1. Netherlands (220.3 tons)
  2. France (20.2 tons)
  3. Belgium (8.5 tons)

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

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses exported from Luxembourg declined modestly to 5.3 tons, waning by -3.3% on the previous year. Overall, exports faced a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 534%.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses rose remarkably to $20K in 2022. Over the period under review, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 257%.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.23.89.115.993.3%
TurkeyN/AN/AN/A2.60%
Germany1970.41.21.1-82.3%
Poland43.6N/AN/AN/A0%
NetherlandsN/AN/A4.6N/A0%
Others0.40.72.70.40.0%
Total2435.017.720.0-56.5%

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

  1. France (4.3 tons)
  2. Turkey (0.7 tons)
  3. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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