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

Contents:

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

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in the Netherlands (FOB) - 2023

In November 2023, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,725 per ton, which is down by -18.5% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 23% m-o-m. The export price peaked at $3,342 per ton in October 2023, and then dropped rapidly in the following month.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the United States ($6,017 per ton), while the average price for exports to Turkey ($2,213 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In November 2023, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,706 per ton, remaining stable against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 22% against the previous month. The import price peaked in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,367 per ton), while the price for Brazil ($1,861 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses exported from the Netherlands fell to 12K tons, which is down by -8% on the previous year's figure. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 6.1%.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses stood at $34M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.48.810.211.53.4%
France5.74.55.45.5-1.2%
United Kingdom3.41.71.62.1-14.8%
Switzerland0.30.92.02.088.2%
Italy1.31.11.91.811.5%
IrelandN/AN/A0.11.61500.0%
Belgium2.91.41.81.5-19.7%
Sweden0.50.70.91.130.1%
Spain1.00.81.41.13.2%
United States0.50.70.60.817.0%
Poland0.91.71.00.8-3.9%
China0.10.20.10.791.3%
Others3.02.33.03.55.3%
Total30.024.930.033.84.1%

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

  1. Germany (4260.7 tons)
  2. France (2119.5 tons)
  3. Ireland (724.7 tons)
  4. Switzerland (717.7 tons)
  5. United Kingdom (707.0 tons)
  6. Italy (635.0 tons)
  7. Belgium (477.4 tons)
  8. Spain (346.5 tons)
  9. Sweden (321.5 tons)
  10. Poland (316.4 tons)
  11. China (253.8 tons)
  12. United States (203.6 tons)

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

In 2022, approx. 15K tons of propylene, other olefin polymers; polyisobutylene in primary formses were imported into the Netherlands; which is down by -22.6% against the year before. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 19K tons, and then fell significantly in the following year.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses stood at $32M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea9.46.711.912.810.8%
Germany5.74.14.95.3-2.4%
Brazil1.72.02.33.223.5%
United States1.70.60.73.122.2%
Belgium1.42.02.62.216.3%
Japan1.81.73.72.03.6%
China0.30.30.51.258.7%
Argentina2.11.53.20.7-30.7%
Others2.61.62.11.6-14.9%
Total26.720.432.132.16.3%

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

  1. South Korea (6.1K tons)
  2. United States (1.9K tons)
  3. Brazil (1.6K tons)
  4. Germany (1.5K tons)
  5. Belgium (1.2K tons)
  6. Japan (1.0K tons)
  7. China (0.6K tons)
  8. Argentina (0.4K tons)

Source: IndexBox Market Intelligence Platform

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