Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh - 2022
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh (CIF) - 2022
The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,249 per ton in 2022, reducing by -11.5% against the previous year. In general, the import price saw a noticeable reduction. The pace of growth appeared the most rapid in 2021 an increase of 37% against the previous year. The import price peaked at $1,652 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Australia ($3,876 per ton), while the price for the United Arab Emirates ($815 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh (FOB) - 2022
The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $2,854 per ton in 2021, remaining constant against the previous year. In general, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2013 to 2021, the rate of growth in terms of prices for Thailand amounted to +19.5% per year.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh
In 2022, after three years of growth, there was significant decline in purchases abroad of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -13% to 75K tons. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +38.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. As a result, imports reached the peak of 86K tons, and then shrank in the following year.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses contracted remarkably to $93M in 2022. Overall, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of $121M, and then fell dramatically in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 27.2 | 19.6 | 45.2 | 35.6 | 9.4% |
| South Korea | 24.3 | 23.1 | 43.1 | 27.3 | 4.0% |
| Australia | 3.6 | 4.8 | 6.1 | 7.5 | 27.7% |
| Singapore | 1.6 | 2.5 | 7.0 | 7.3 | 65.9% |
| Taiwan (Chinese) | 5.5 | 6.2 | 8.9 | 4.9 | -3.8% |
| United Arab Emirates | 2.1 | 2.5 | 3.1 | 3.5 | 18.6% |
| Saudi Arabia | 1.4 | 0.8 | 3.4 | 3.4 | 34.4% |
| Malaysia | 0.4 | 4.1 | 2.8 | 1.3 | 48.1% |
| Others | 0.8 | 1.8 | 1.5 | 2.4 | 44.2% |
| Total | 66.9 | 65.4 | 121 | 93.3 | 11.7% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Bangladesh in 2022:
- Thailand (29.4K tons)
- South Korea (24.0K tons)
- Singapore (5.9K tons)
- Taiwan (Chinese) (4.3K tons)
- United Arab Emirates (4.3K tons)
- Australia (1.9K tons)
- Saudi Arabia (1.8K tons)
- Malaysia (1.1K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh
In 2021, the amount of propylene, other olefin polymers; propylene copolymers in primary formses exported from Bangladesh was estimated at 4.2 tons, remaining constant against the previous year. Over the period under review, exports recorded a precipitous decrease. The smallest decline of 99.9% was in 2020.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses totaled $12K in 2021. Overall, exports recorded a dramatic descent. The smallest decline of 99.9% was in 2020.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Thailand | N/A | N/A | 11.9 | 0% | |
| Finland | 22.6 | N/A | N/A | 0% | |
| United Kingdom | 1.3 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 23.9 | N/A | 11.9 | -29.4% | |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Bangladesh in 2022:
- Thailand (4.2 tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Bangladesh.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Bangladesh.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
932
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
58
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Bangladesh.
470
This report provides an in-depth analysis of the market for polypropylene in primary forms in Bangladesh.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
932
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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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.
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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
115
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
267
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.
671
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
