Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iran - 2022

Contents:

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

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

In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,912 per ton, increasing by 5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 12%. As a result, import price reached the peak level of $1,969 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 Italy ($4,191 per ton), while the price for South Korea ($1,056 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), 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 Iran (FOB) - 2022

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,469 per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 19% against the previous year. The export price peaked at $1,491 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($2,444 per ton), while the average price for exports to Afghanistan ($1,165 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 Serbia (+13.8%), 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 Iran

In 2022, supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses was finally on the rise to reach 4.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt setback.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses soared to $7.7M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.80.51.41.626.0%
Thailand0.90.90.71.210.1%
Turkey2.63.81.10.9-29.8%
South Korea3.81.20.70.9-38.1%
Italy0.90.80.60.8-3.9%
United Arab Emirates0.20.10.60.858.7%
Spain0.70.60.40.5-10.6%
Others1.71.10.91.0-16.2%
Total11.79.26.37.7-13.0%

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

  1. South Korea (880.3 tons)
  2. Thailand (866.4 tons)
  3. China (772.5 tons)
  4. Turkey (339.0 tons)
  5. Spain (313.0 tons)
  6. United Arab Emirates (257.5 tons)
  7. Italy (197.9 tons)

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

Exports of propylene, other olefin polymers; propylene copolymers in primary formses from Iran reduced sharply to 957 tons in 2022, waning by -27% on the previous year's figure. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 117%.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses contracted markedly to $1.4M in 2022. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 128%.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1453641,11729026.0%
Azerbaijan223136138209-2.1%
Iraq27465.3102165-15.6%
Afghanistan30285.141.3154-20.1%
Uzbekistan75021.023282.2-52.1%
Serbia28.223.272.173.937.9%
Greece52.630.139.168.08.9%
Russia1.719.943.866.5239.5%
Bulgaria87.538.433.863.3-10.2%
SpainN/AN/A25.562.0143.1%
Kazakhstan26.711.419.429.53.4%
Romania36.815.011.424.6-12.6%
Ukraine4.01.15.024.081.7%
Others37448.173.694.3-36.8%
Total2,3078581,9541,406-15.2%

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

  1. Azerbaijan (171.4 tons)
  2. Turkey (165.6 tons)
  3. Afghanistan (132.0 tons)
  4. Iraq (128.4 tons)
  5. Uzbekistan (52.9 tons)
  6. Spain (46.4 tons)
  7. Bulgaria (44.2 tons)
  8. Russia (37.7 tons)
  9. Serbia (37.6 tons)
  10. Greece (27.8 tons)
  11. Kazakhstan (18.8 tons)
  12. Ukraine (18.4 tons)
  13. Romania (14.7 tons)

Source: IndexBox Market Intelligence Platform

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