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

Contents:

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

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

The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,747 per ton in October 2023, reducing by -7.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 20% m-o-m. The import price peaked at $1,971 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was South Korea ($1,753 per ton), while the price for Serbia totaled $1,500 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.3%), 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 Slovenia (FOB) - 2023

In October 2023, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,175 per ton, waning by -34.7% against the previous month. In general, the export price continues to indicate a mild slump. The growth pace was the most rapid in August 2023 an increase of 26% month-to-month. As a result, the export price attained the peak level of $2,014 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 Bosnia and Herzegovina ($1,600 per ton), while the average price for exports to North Macedonia ($681 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.9%), 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 Slovenia

In 2022, purchases abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -5.3% to 25K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22%. As a result, imports reached the peak of 26K tons, and then declined in the following year.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses reduced slightly to $50M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of $51M, and then contracted modestly in the following year.

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

1. Germany (4.2K tons)
2. Italy (3.8K tons)
3. Austria (3.7K tons)
4. South Korea (3.1K tons)
5. Hungary (2.6K tons)
6. Spain (1.4K tons)
7. South Africa (1.3K tons)
8. Netherlands (0.9K tons)
9. Belgium (0.8K tons)
10. Czech Republic (0.3K tons)
11. France (0.3K tons)

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

In 2022, shipments abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -5.2% to 15K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 264%.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses amounted to $25M in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 217% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Czech Republic (6.1K tons)
2. Italy (3.0K tons)
3. Croatia (1.3K tons)
4. Netherlands (1.1K tons)
5. Serbia (0.9K tons)
6. North Macedonia (0.6K tons)
7. Austria (0.5K tons)
8. Bosnia and Herzegovina (0.2K tons)
9. Turkey (0.1K tons)

Source: IndexBox Market Intelligence Platform