Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Qatar - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Qatar (CIF) - 2023
  2. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Qatar

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Qatar (CIF) - 2023

The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,113 per ton in October 2023, remaining constant against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 152% m-o-m. As a result, import price attained the peak level of $2,619 per ton. From August 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Thailand ($1,183 per ton), while the price for the United Arab Emirates ($1,070 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 Singapore (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Qatar

For the fourth year in a row, Qatar recorded growth in supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses, which increased by 110% to 1.5K tons in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached 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 $2.7M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium88.7126108718100.8%
Saudi ArabiaN/AN/AN/A7110%
Thailand51.655.120126071.4%
Taiwan (Chinese)36.221893.423586.5%
United Arab EmiratesN/AN/AN/A1330%
Slovakia74.910265.512919.9%
Singapore216148111111-19.9%
ChinaN/AN/A15695.2-39.0%
OmanN/AN/A87.991.33.9%
South KoreaN/AN/A42268.8-83.7%
India60.018.015867.33.9%
France724403N/AN/A-44.3%
Others21251519576.1-28.9%
Total1,4631,5861,5992,69722.6%

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

  1. Saudi Arabia (565.6 tons)
  2. Belgium (297.0 tons)
  3. Taiwan (Chinese) (154.0 tons)
  4. Thailand (153.6 tons)
  5. United Arab Emirates (86.6 tons)
  6. China (67.0 tons)
  7. Oman (49.5 tons)
  8. Slovakia (49.5 tons)
  9. India (36.1 tons)
  10. South Korea (22.7 tons)
  11. Singapore (19.2 tons)

Source: IndexBox Market Intelligence Platform

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