Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand (CIF) - 2023
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand (CIF) - 2023
In November 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,213 per ton, picking up by 3.6% against the previous month. In general, the import price, however, saw a slight reduction. The most prominent rate of growth was recorded in March 2023 an increase of 10% m-o-m. The import price peaked at $1,436 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Finland ($2,211 per ton), while the price for South Korea ($1,110 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Singapore (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $5,994 per ton, surging by 136% against the previous year. Over the period under review, the export price showed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($39,273 per ton), while the average price for exports to Thailand totaled $5,917 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+43.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand
In 2022, approx. 18K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into New Zealand; declining by -31.2% compared with the previous year. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, imports reached the peak of 26K tons, and then contracted sharply in the following year.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses shrank dramatically to $30M in 2022. In general, imports showed a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 46%. As a result, imports attained the peak of $40M, and then declined sharply in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 23.7 | 17.8 | 25.5 | 17.2 | -10.1% |
| United Arab Emirates | 0.3 | 0.9 | 3.6 | 6.0 | 171.4% |
| Saudi Arabia | 3.3 | 3.6 | 3.2 | 2.6 | -7.6% |
| Singapore | 1.3 | 0.6 | 1.2 | 1.5 | 4.9% |
| Thailand | 1.7 | 1.9 | 4.6 | 1.1 | -13.5% |
| Finland | 1.5 | 1.5 | 0.5 | 0.8 | -18.9% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.6 | 0.6 | 44.2% |
| Others | 0.2 | 0.8 | 1.0 | 0.6 | 44.2% |
| Total | 32.3 | 27.5 | 40.2 | 30.3 | -2.1% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to New Zealand in 2022:
- South Korea (10.1K tons)
- United Arab Emirates (3.8K tons)
- Saudi Arabia (1.7K tons)
- Singapore (0.8K tons)
- Thailand (0.6K tons)
- Taiwan (Chinese) (0.3K tons)
- Finland (0.3K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand
In 2022, shipments abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -72.3% to 9.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 86%. As a result, the exports reached the peak of 77 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses dropped notably to $57K in 2022. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 80% against the previous year. As a result, the exports reached the peak of $201K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 21.8 | 26.9 | 56.2 | 60.6% |
| Mexico | 111 | 159 | 49.5 | N/A | -33.2% |
| Others | 0.9 | 20.3 | 10.8 | 0.9 | 0.0% |
| Total | 112 | 201 | 87.3 | 57.1 | -20.1% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from New Zealand in 2022:
- Thailand (9.5 tons)
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This report provides an in-depth analysis of the market for polypropylene in primary forms in New Zealand.
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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 New Zealand.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in New Zealand.
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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.
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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 ...
