Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco (CIF) - 2022
The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,681 per ton in 2022, reducing by -13.8% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +2.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 133%. The import price peaked at $4,272 per ton in 2021, and then declined in the following year.
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 ($6,486 per ton), while the price for Italy ($2,743 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+50.4%), 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 Morocco (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,948 per ton, increasing by 56% against the previous year. Over the period under review, the export price posted a resilient expansion. Over the period under review, the average export prices hit record highs at $3,773 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +8.0% per year.
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco
After two years of decline, purchases abroad of propylene, other olefin polymers; polyisobutylene in primary formses increased by 52% to 141 tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $519K in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 4.9 | 211 | 4206.1% |
| Canada | 60.8 | 38.7 | 74.2 | 112 | 22.6% |
| Taiwan (Chinese) | N/A | N/A | 0.4 | 60.5 | 15025.0% |
| France | 71.2 | 58.3 | 43.5 | 58.7 | -6.2% |
| Italy | 0.2 | 0.1 | 2.7 | 37.7 | 473.4% |
| Germany | 73.1 | 38.5 | 46.5 | 21.6 | -33.4% |
| Netherlands | 1.7 | 1.7 | 2.3 | 8.5 | 71.0% |
| Spain | 22.7 | 31.3 | 43.1 | N/A | 37.8% |
| Egypt | 33.7 | 36.0 | 39.3 | N/A | 8.0% |
| Others | 228 | 167 | 140 | 9.1 | -65.8% |
| Total | 492 | 371 | 397 | 519 | 1.8% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Morocco in 2022:
- China (62.0 tons)
- Taiwan (Chinese) (19.8 tons)
- Canada (17.3 tons)
- France (16.2 tons)
- Italy (13.8 tons)
- Germany (7.2 tons)
- Netherlands (2.7 tons)
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco
In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses exported from Morocco dropped rapidly to 1.8 tons, falling by -17.7% on the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 177% against the previous year. As a result, the exports attained the peak of 2.2 tons, and then reduced rapidly in the following year.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses skyrocketed to $5.3K in 2022. Overall, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.3 | 0.6 | 4.1 | 5.3 | 17.1% |
| Senegal | N/A | 2.4 | N/A | N/A | 0% |
| Others | 1.3 | N/A | N/A | N/A | 0% |
| Total | 4.6 | 3.0 | 4.1 | 5.3 | 4.8% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Morocco in 2022:
- France (1.8 tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Morocco.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Morocco.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Morocco.
279
This report provides an in-depth analysis of the market for polypropylene in primary forms in Morocco.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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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.
267
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.
671
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
