Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa - 2024
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa (CIF) - 2022
In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,036 per ton, with an increase of 19% against the previous year. Overall, the import price, however, saw a mild downturn. Over the period under review, average import prices hit record highs at $2,606 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 ($3,991 per ton), while the price for Brazil ($1,784 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,092 per ton, reducing by -34.9% against the previous year. Overall, the export price showed a deep setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,196 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($4,877 per ton), while the average price for exports to Zambia ($1,602 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 Swaziland (+8.3%), 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 South Africa
For the fourth year in a row, South Africa recorded growth in overseas purchases of propylene, other olefin polymers; polyisobutylene in primary formses, which increased by 24% to 4.8K tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.8% 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 +67.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $9.8M in 2022. In general, imports recorded significant growth. 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.1 | 3.9 | 4.9 | 6.0 | 13.5% |
| Belgium | 0.2 | 0.4 | 0.9 | 2.6 | 135.1% |
| United Kingdom | 0.3 | 0.3 | 0.2 | 0.4 | 10.1% |
| Brazil | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Others | 0.6 | 0.4 | 0.6 | 0.8 | 10.1% |
| Total | 5.6 | 5.2 | 6.7 | 9.8 | 20.5% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to South Africa in 2022:
- South Korea (3101.4 tons)
- Belgium (1371.6 tons)
- United Kingdom (107.7 tons)
- Brazil (42.0 tons)
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa
In 2022, shipments abroad of propylene, other olefin polymers; polyisobutylene in primary formses increased by 241% to 108 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a precipitous setback.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses soared to $226K in 2022. In general, exports, however, continue to indicate a deep setback.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 0.3 | N/A | 3.6 | 134 | 664.4% |
| Netherlands | 22.3 | N/A | 1.8 | 34.7 | 15.9% |
| Tanzania | 5.3 | 6.1 | 4.9 | 23.3 | 63.8% |
| Saudi Arabia | N/A | N/A | N/A | 15.6 | 0% |
| Malawi | 0.6 | N/A | 82.3 | 11.7 | 169.2% |
| Botswana | N/A | 31.0 | N/A | N/A | 0% |
| Kazakhstan | 10.7 | 76.9 | N/A | N/A | 618.7% |
| Zimbabwe | 0.5 | 66.4 | 3.6 | N/A | 168.3% |
| Democratic Republic of the Congo | 338 | 143 | N/A | N/A | -57.7% |
| Others | 15.4 | 9.8 | 5.3 | 6.1 | -26.6% |
| Total | 393 | 333 | 102 | 226 | -16.8% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from South Africa in 2022:
- Zambia (83.8 tons)
- Netherlands (9.4 tons)
- Tanzania (6.3 tons)
- Saudi Arabia (4.3 tons)
- Malawi (2.7 tons)
77
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in South Africa.
433
This report provides an in-depth analysis of the market for polypropylene in primary forms in South Africa.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
77
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in South Africa.
433
This report provides an in-depth analysis of the market for polypropylene in primary forms in South Africa.
44
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
936
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.
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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.
268
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.
672
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
