Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Switzerland - 2024

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Switzerland (CIF) - 2024
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Switzerland (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Switzerland
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Switzerland

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Switzerland (CIF) - 2024

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $2,569 per ton in January 2024, leveling off at the previous month. Over the period under review, the import price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 38% m-o-m. As a result, import price reached the peak level of $3,844 per ton. From May 2023 to January 2024, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was South Korea ($3,730 per ton), while the price for Belgium ($2,119 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+46.7%), 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 Switzerland (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $3,281 per ton, rising by 7.4% against the previous year. In general, the export price enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 222% against the previous year. As a result, the export price reached the peak level of $17,711 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($4,031 per ton), while the average price for exports to France ($897 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 Kuwait (+28.5%), 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 Switzerland

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses imported into Switzerland reduced to 944 tons, shrinking by -14.2% against the year before. Overall, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of 1.1K tons, and then fell in the following year.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses reached $2.9M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2282091,0871,07067.4%
United States38947426354812.1%
Japan20116537736722.2%
France913439412324-29.2%
Germany15918711923413.7%
Netherlands15847134989.1-17.4%
South Korea44.67.681.474.618.7%
Taiwan (Chinese)181N/AN/A46.1-36.6%
Others30.354.124.712560.4%
Total2,3042,0052,7132,8777.7%

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

  1. Belgium (407.0 tons)
  2. United States (142.7 tons)
  3. Japan (140.2 tons)
  4. France (107.5 tons)
  5. Germany (45.4 tons)
  6. Netherlands (37.5 tons)
  7. South Korea (19.4 tons)
  8. Taiwan (Chinese) (18.0 tons)

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

In 2022, exports of propylene, other olefin polymers; polyisobutylene in primary formses from Switzerland surged to 56 tons, increasing by 146% against 2021 figures. In general, exports recorded significant growth. As a result, the exports reached 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 surged to $185K in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 589%. As a result, the exports reached the peak of $634K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic28.039.813.715476.5%
NetherlandsN/AN/A32.717.4-46.8%
Slovenia0.828.1N/A8.7121.6%
Germany16.80.10.62.5-47.0%
France0.81.91.81.933.4%
ItalyN/AN/A12.00.1-99.2%
HungaryN/A559N/AN/A0%
Others45.75.69.0N/A-55.6%
Total92.063469.818526.2%

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

  1. Czech Republic (40.5 tons)
  2. Netherlands (10.6 tons)
  3. Slovenia (2.2 tons)
  4. France (2.1 tons)
  5. Germany (0.9 tons)

Source: IndexBox Market Intelligence Platform

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