Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal (CIF) - 2023
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal (FOB) - 2023
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal (CIF) - 2023
The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,641 per ton in October 2023, almost unchanged from the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 5.2% against the previous month. Over the period under review, average import prices hit record highs at $1,847 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($2,069 per ton), while the price for South Korea ($1,100 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 Italy (+1.6%), 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 Portugal (FOB) - 2023
In October 2023, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,416 per ton, which is down by -17.4% against the previous month. Over the period under review, the export price showed a mild setback. The pace of growth was the most pronounced in August 2023 an increase of 25% against the previous month. As a result, the export price attained the peak level of $2,004 per ton. From September 2023 to October 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($3,473 per ton), while the average price for exports to Spain totaled $1,317 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.9%).
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal
In 2022, approx. 93K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into Portugal; growing by 9.7% against 2021. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses skyrocketed to $191M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +67.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 39.4 | 40.0 | 53.0 | 57.1 | 13.2% |
| Belgium | 22.6 | 19.0 | 28.2 | 33.3 | 13.8% |
| South Korea | 9.8 | 4.4 | 14.5 | 27.6 | 41.2% |
| Germany | 14.6 | 10.0 | 16.6 | 18.6 | 8.4% |
| France | 15.1 | 11.3 | 17.3 | 18.5 | 7.0% |
| Austria | 8.2 | 6.7 | 8.8 | 15.4 | 23.4% |
| Netherlands | 17.1 | 14.5 | 15.4 | 10.4 | -15.3% |
| Others | 10.1 | 7.6 | 9.5 | 9.7 | -1.3% |
| Total | 137 | 114 | 163 | 191 | 11.7% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Portugal in 2022:
- Spain (28.1K tons)
- Belgium (15.6K tons)
- South Korea (15.0K tons)
- France (9.3K tons)
- Germany (8.1K tons)
- Austria (7.2K tons)
- Netherlands (4.3K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal
In 2022, shipments abroad of propylene, other olefin polymers; propylene copolymers in primary formses increased by 67% to 6.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses soared to $14M in 2022. Overall, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.8 | 4.4 | 5.3 | 10.3 | 5.4% |
| Germany | 0.5 | 0.7 | 1.3 | 2.2 | 63.9% |
| Mexico | N/A | 0.2 | 0.4 | 0.7 | 87.1% |
| France | 0.5 | 0.2 | 0.3 | 0.3 | -15.7% |
| Others | 0.4 | 0.9 | 1.1 | 0.7 | 20.5% |
| Total | 10.3 | 6.4 | 8.5 | 14.2 | 11.3% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Portugal in 2022:
- Spain (5.6K tons)
- Germany (0.6K tons)
- Mexico (0.2K tons)
- France (0.1K tons)
78
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Portugal.
379
This report provides an in-depth analysis of the market for polypropylene in primary forms in Portugal.
43
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
935
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
78
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Portugal.
379
This report provides an in-depth analysis of the market for polypropylene in primary forms in Portugal.
43
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
935
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
115
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 ...
115
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 ...
