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

Contents:

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

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

In November 2023, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,178 per ton, with an increase of 15% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $2,517 per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the countries with the highest prices were France ($2,352 per ton) and Spain ($2,332 per ton), while the price for South Korea ($1,893 per ton) and Belgium ($2,163 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,196 per ton, declining by -31.3% against the previous year. Overall, the export price recorded a drastic downturn. The growth pace was the most rapid in 2020 an increase of 82% against the previous year. Over the period under review, the average export prices attained the maximum at $5,850 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,269 per ton), while the average price for exports to Poland amounted to $2,142 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-0.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 2.1K tons of propylene, other olefin polymers; polyisobutylene in primary formses were imported into Portugal; with an increase of 31% on 2021. Overall, imports, however, showed a noticeable downturn.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $4.6M in 2022. In general, imports recorded a buoyant increase. 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,2859129611,93014.5%
France1,4025051,2601,6325.2%
Belgium25229730568839.8%
Spain603151309184-32.7%
Germany46.712315172.215.6%
Others22.121.922.064.643.0%
Total3,6112,0113,0084,5708.2%

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

  1. South Korea (888.8 tons)
  2. France (731.9 tons)
  3. Belgium (323.1 tons)
  4. Spain (74.1 tons)
  5. Germany (11.7 tons)

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

In 2022, approx. 10 tons of propylene, other olefin polymers; polyisobutylene in primary formses were exported from Portugal; growing by 1,892% compared with the year before. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses soared to $23K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/A0.321.67100.0%
Germany0.20.61.11.176.5%
Czech Republic12.9N/AN/AN/A0%
OthersN/AN/A0.3N/A0%
Total13.10.61.722.720.1%

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

  1. Poland (10.1 tons)
  2. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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