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

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Saudi Arabia (FOB) - 2022
  2. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Saudi Arabia

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

The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $2,057 per ton in 2022, increasing by 50% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,302 per ton), while the average price for exports to Nepal ($1,252 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 the United Arab Emirates (+23.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

After two years of decline, overseas shipments of propylene, other olefin polymers; polyisobutylene in primary formses increased by 169% to 799 tons in 2022. In general, exports recorded a significant increase. 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 $1.6M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Saudi Arabia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
EgyptN/AN/A8060%
PakistanN/AN/A3610%
LebanonN/AN/A2790%
NepalN/AN/A62.90%
United Arab EmiratesN/AN/A44.90%
IndonesiaN/AN/A41.20%
PhilippinesN/A406N/A0%
Singapore207N/AN/A0%
Bangladesh144N/AN/A0%
Others185N/A48.5-48.8%
Total5364061,64375.1%

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

  1. Egypt (291.0 tons)
  2. Pakistan (230.2 tons)
  3. Lebanon (178.5 tons)
  4. Nepal (50.3 tons)
  5. Indonesia (16.8 tons)
  6. United Arab Emirates (13.6 tons)

Source: IndexBox Market Intelligence Platform

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