Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana - 2022
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana (CIF) - 2022
In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,227 per ton, waning by -9.4% against the previous year. In general, the import price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2021 an increase of 34% against the previous year. The import price peaked at $1,796 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 the United Arab Emirates ($1,573 per ton), while the price for Italy ($809 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.7%), while the prices for the other major suppliers experienced a decline.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,441 per ton, almost unchanged from the previous year. Over the period under review, the export price saw a notable increase. The pace of growth was the most pronounced in 2013 an increase of 135% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,408 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -2.9% per year.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana
In 2022, after three years of growth, there was significant decline in supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -7.8% to 15K tons. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +44.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 40%.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses declined significantly to $18M 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 +14.3% 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 +49.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of $22M, and then declined significantly in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 7.3 | 8.4 | 13.5 | 9.7 | 9.9% |
| Saudi Arabia | 0.8 | 1.1 | 2.1 | 2.5 | 46.2% |
| China | N/A | 0.7 | 1.2 | 1.5 | 46.4% |
| Spain | 0.5 | 0.3 | 0.1 | 0.8 | 17.0% |
| United Arab Emirates | 0.4 | 0.4 | 1.6 | 0.6 | 14.5% |
| Netherlands | 0.3 | 0.6 | 0.6 | 0.5 | 18.6% |
| India | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Thailand | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| South Africa | 0.8 | 0.3 | 0.2 | 0.3 | -27.9% |
| Italy | 0.2 | 0.4 | 0.1 | 0.2 | 0.0% |
| Belgium | 0.2 | 0.5 | 0.4 | 0.2 | 0.0% |
| Others | 1.1 | 1.2 | 1.1 | 1.0 | -3.1% |
| Total | 12.2 | 14.6 | 21.8 | 18.2 | 14.3% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Ghana in 2022:
- South Korea (8.2K tons)
- Saudi Arabia (2.1K tons)
- China (1.0K tons)
- Spain (0.6K tons)
- Netherlands (0.4K tons)
- United Arab Emirates (0.4K tons)
- Italy (0.3K tons)
- South Africa (0.3K tons)
- India (0.3K tons)
- Thailand (0.3K tons)
- Belgium (0.2K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana
After two years of decline, shipments abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by 0% to 1.3 tons in 2022. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1.9K in 2022. In general, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 1.9 | 0% |
| South Africa | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | N/A | N/A | 1.9 | 111.8% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Ghana in 2022:
- United States (1.3 tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Ghana.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Ghana.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Ghana.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Ghana.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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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.
268
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.
672
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
