Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia (CIF) - 2023
  2. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia
  4. Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia (CIF) - 2023

The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,823 per ton in October 2023, leveling off at the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 19% month-to-month. Over the period under review, average import prices hit record highs at $2,215 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($2,307 per ton), while the price for South Korea ($1,192 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia (FOB) - 2022

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,173 per ton in 2022, rising by 1.8% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of 10% against the previous year. Over the period under review, the average export prices attained the maximum at $2,239 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($2,065 per ton), while the average price for exports to Poland ($1,111 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 Italy (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia

In 2022, the amount of propylene, other olefin polymers; propylene copolymers in primary formses imported into Estonia reduced remarkably to 4.5K tons, with a decrease of -16.5% compared with 2021. Overall, imports showed a abrupt curtailment. The smallest decline of -2.1% was in 2020.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses shrank significantly to $9.7M in 2022. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania2.22.54.12.99.6%
Sweden1.40.90.91.64.6%
Belgium4.62.31.71.4-32.7%
Austria0.40.40.91.140.1%
Germany0.71.31.61.012.6%
Netherlands0.30.31.00.518.6%
Italy0.30.30.20.30.0%
Hungary0.30.10.20.30.0%
United Kingdom0.31.2N/AN/A300.0%
Others1.60.31.20.7-24.1%
Total12.09.711.89.7-6.8%

Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Estonia in 2022:

  1. Lithuania (1561.6 tons)
  2. Sweden (646.9 tons)
  3. Belgium (549.7 tons)
  4. Austria (483.0 tons)
  5. Germany (404.3 tons)
  6. Netherlands (266.7 tons)
  7. Hungary (188.6 tons)
  8. Italy (126.0 tons)

Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia

In 2022, after three years of growth, there was significant decline in overseas shipments of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -21.5% to 1.1K tons. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 504% against the previous year.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses shrank notably to $1.3M in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 382% against the previous year.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland87.74681,036915118.5%
Czech RepublicN/A320195234-14.5%
Finland39.588.821.872.722.5%
Sweden15.0N/A69.026.120.3%
Others56.883.529846.3-6.6%
Total1999601,6201,29486.6%

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

  1. Poland (823.1 tons)
  2. Czech Republic (206.4 tons)
  3. Finland (35.9 tons)
  4. Sweden (18.3 tons)

Source: IndexBox Market Intelligence Platform

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