Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan (CIF) - 2023
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan (CIF) - 2023
In June 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,243 per ton, with an increase of 2.1% against the previous month. Over the period under review, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in February 2023 an increase of 7.9% month-to-month. The import price peaked at $1,574 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Singapore ($2,754 per ton), while the price for Taiwan (Chinese) ($649 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,372 per ton, with an increase of 74% against the previous year. In general, the export price, however, saw a deep slump. The export price peaked at $2,973 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($3,413 per ton), while the average price for exports to China amounted to $753 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+25.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan
In 2022, overseas purchases of propylene, other olefin polymers; propylene copolymers in primary formses were finally on the rise to reach 106K tons after two years of decline. Overall, imports, however, recorded a slight setback.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses dropped modestly to $161M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $161M, leveling off in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 34.6 | 44.2 | 54.2 | 59.6 | 19.9% |
| Saudi Arabia | 36.2 | 25.0 | 29.3 | 35.5 | -0.6% |
| South Korea | 26.0 | 16.2 | 16.4 | 15.6 | -15.7% |
| Malaysia | 12.4 | 8.5 | 20.7 | 14.2 | 4.6% |
| Thailand | 14.7 | 10.5 | 20.4 | 11.3 | -8.4% |
| Singapore | 3.5 | 3.7 | 4.2 | 3.4 | -1.0% |
| Oman | N/A | N/A | N/A | 2.5 | 0% |
| Others | 15.1 | 12.4 | 16.2 | 19.0 | 8.0% |
| Total | 142 | 121 | 161 | 161 | 4.3% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Pakistan in 2022:
- United Arab Emirates (40.5K tons)
- Saudi Arabia (25.1K tons)
- South Korea (11.0K tons)
- Malaysia (9.5K tons)
- Thailand (7.5K tons)
- Oman (1.9K tons)
- Singapore (1.9K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan
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 -96.3% to 12 tons. In general, exports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 159% against the previous year.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses fell sharply to $17K in 2022. Over the period under review, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 155% against the previous year.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | N/A | 9.6 | 0% |
| China | N/A | 11.5 | 171 | 7.0 | -22.0% |
| Germany | N/A | 106 | N/A | N/A | 0% |
| United States | N/A | N/A | 84.6 | N/A | 0% |
| India | 31.1 | N/A | N/A | N/A | 0% |
| Netherlands | 40.8 | N/A | 0.5 | N/A | -88.9% |
| Afghanistan | 16.0 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 106 | N/A | N/A | 0% |
| Others | 1.5 | 4.5 | 6.5 | N/A | 108.2% |
| Total | 89.4 | 228 | 262 | 16.6 | -42.9% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Pakistan in 2022:
- China (9.3 tons)
- Democratic Republic of the Congo (2.8 tons)
56
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Pakistan.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Pakistan.
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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.
56
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Pakistan.
631
This report provides an in-depth analysis of the market for polypropylene in primary forms in Pakistan.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
934
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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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 ...
