Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Peru - 2022

Contents:

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

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

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,634 per ton in 2022, jumping by 37% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price attained 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 Canada ($7,908 per ton), while the price for Belgium ($3,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+18.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,659 per ton in 2022, picking up by 4.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 27%. Over the period under review, the average export prices reached the maximum at $4,259 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($3,852 per ton), while the average price for exports to Bolivia ($1,193 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 Ecuador (+1.8%), while the prices for the other major destinations experienced a decline.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Peru

Imports of propylene, other olefin polymers; polyisobutylene in primary formses into Peru fell sharply to 207 tons in 2022, waning by -36.5% compared with 2021 figures. Over the period under review, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports attained the peak of 325 tons, and then dropped markedly in the following year.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses reduced to $751K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. As a result, imports reached the peak of $864K, and then reduced in the following year.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22823943638819.4%
China13254.887.289.4-12.2%
United States69.146.574.088.18.4%
Canada10.110432.053.173.9%
France6.25.62.350.2100.8%
Belgium31.638.356.242.09.9%
Argentina18.925.824.129.816.4%
South Korea29.127.430.4N/A2.2%
Others96.132.71219.5-53.8%
Total6215748647516.5%

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

  1. India (120.0 tons)
  2. China (29.0 tons)
  3. United States (15.2 tons)
  4. Belgium (13.9 tons)
  5. France (11.3 tons)
  6. Argentina (9.2 tons)
  7. Canada (6.7 tons)

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

In 2022, approx. 27 tons of propylene, other olefin polymers; polyisobutylene in primary formses were exported from Peru; surging by 4.6% on 2021. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 338% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses rose sharply to $101K in 2022. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 351% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador60.017.670.891.715.2%
Chile3.70.93.23.6-0.9%
BoliviaN/AN/AN/A1.90%
BrazilN/AN/A15.0N/A0%
Others2.21.82.63.415.6%
Total65.820.391.710115.4%

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

  1. Ecuador (23.8 tons)
  2. Chile (2.0 tons)
  3. Bolivia (1.6 tons)

Source: IndexBox Market Intelligence Platform

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