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

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Venezuela (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Venezuela

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

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,797 per ton, standing approx. at the previous year. Overall, the import price, however, showed a pronounced reduction. The growth pace was the most rapid in 2018 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $3,999 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($22,000 per ton), while the price for China ($1,434 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of propylene, other olefin polymers; polyisobutylene in primary formses, when their volume decreased by -88.5% to 2.4 tons. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 161% against the previous year.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses contracted notably to $6.7K in 2022. Overall, imports faced a precipitous descent. The growth pace was the most rapid in 2020 when imports increased by 167%.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.832.852.56.2-19.3%
China0.10.42.00.226.0%
Brazil0.40.91.10.1-37.0%
Others1.01.42.10.2-41.5%
Total13.335.557.76.7-20.4%

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

  1. United States (2157.0 kg)
  2. China (145.0 kg)
  3. Brazil (71.0 kg)

Source: IndexBox Market Intelligence Platform

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