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

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Romania (CIF) - 2023
  2. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Romania (FOB) - 2023
  3. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Romania
  4. Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Romania

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

The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $2,287 per ton in October 2023, with an increase of 16% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +1.0% per month.

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

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,579 per ton in October 2023, increasing by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 30% m-o-m. Over the period under review, the average export prices reached the maximum at $1,746 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was Serbia ($1,584 per ton), while the average price for exports to Moldova totaled $1,548 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+2.6%), 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 Romania

Imports of propylene, other olefin polymers; propylene copolymers in primary formses into Romania declined to 63K tons in 2022, with a decrease of -8.4% compared with 2021. Overall, imports saw a mild curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 5.5% against the previous year. As a result, imports attained the peak of 69K tons, and then reduced in the following year.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses reduced to $135M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of $143M, and then reduced in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany36.428.039.135.4-0.9%
Hungary18.618.332.422.66.7%
Austria15.611.112.014.8-1.7%
Netherlands8.96.99.813.314.3%
Italy7.08.211.112.320.7%
Poland5.69.113.911.226.0%
France10.45.24.57.5-10.3%
Others13.512.120.217.89.7%
Total11698.91431355.2%

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

  1. Germany (14.7K tons)
  2. Hungary (12.1K tons)
  3. Austria (6.5K tons)
  4. Netherlands (6.4K tons)
  5. Poland (5.9K tons)
  6. Italy (5.1K tons)
  7. France (3.3K tons)

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

In 2022, exports of propylene, other olefin polymers; propylene copolymers in primary formses from Romania contracted rapidly to 4.8K tons, which is down by -28.2% compared with 2021. Overall, total exports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +14.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, the exports attained the peak of 6.7K tons, and then declined remarkably in the following year.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses reduced rapidly to $8.1M in 2022. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 146% against the previous year. As a result, the exports attained the peak of $15M, and then fell remarkably in the following year.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.91.74.62.744.2%
Slovakia2.92.24.32.4-6.1%
Hungary0.60.72.11.018.6%
Moldova0.70.40.70.98.7%
SerbiaN/A0.10.60.373.2%
Others0.70.92.30.98.7%
Total5.75.914.68.112.4%

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

  1. Czech Republic (1610.0 tons)
  2. Slovakia (1559.6 tons)
  3. Hungary (581.9 tons)
  4. Moldova (511.4 tons)
  5. Serbia (157.2 tons)

Source: IndexBox Market Intelligence Platform

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