Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey (CIF) - 2023
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey (FOB) - 2023
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey (CIF) - 2023
In November 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,457 per ton, rising by 6% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,617 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,977 per ton), while the price for Saudi Arabia ($1,068 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey (FOB) - 2023
The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,506 per ton in November 2023, picking up by 2.7% against the previous month. Overall, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in May 2023 an increase of 75% m-o-m. As a result, the export price reached the peak level of $3,263 per ton. From June 2023 to November 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 the Czech Republic ($2,907 per ton), while the average price for exports to Libya ($978 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey
In 2022, after three years of growth, there was decline in supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -4.2% to 433K tons. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 12%.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses dropped slightly to $793M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of $827M, and then contracted in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 93.8 | 62.8 | 159 | 156 | 18.5% |
| South Korea | 111 | 97.1 | 150 | 129 | 5.1% |
| Spain | 83.3 | 66.4 | 81.1 | 108 | 9.0% |
| Belgium | 74.8 | 91.1 | 100 | 102 | 10.9% |
| United Arab Emirates | 19.8 | 30.3 | 64.2 | 49.2 | 35.4% |
| Netherlands | 26.5 | 24.8 | 33.3 | 42.0 | 16.6% |
| Singapore | 23.5 | 25.5 | 31.6 | 40.5 | 19.9% |
| Israel | 23.0 | 29.3 | 31.9 | 32.5 | 12.2% |
| France | 30.5 | 32.1 | 42.6 | 31.7 | 1.3% |
| Germany | 15.3 | 22.1 | 28.5 | 26.2 | 19.6% |
| Italy | 11.3 | 11.8 | 17.6 | 20.2 | 21.4% |
| Austria | 12.8 | 19.5 | 18.4 | 12.1 | -1.9% |
| Others | 32.7 | 30.0 | 68.1 | 42.8 | 9.4% |
| Total | 558 | 543 | 827 | 793 | 12.4% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Turkey in 2022:
- Saudi Arabia (110.8K tons)
- South Korea (72.3K tons)
- Spain (52.1K tons)
- Belgium (49.0K tons)
- United Arab Emirates (32.2K tons)
- Netherlands (19.6K tons)
- Israel (18.4K tons)
- Singapore (17.7K tons)
- France (15.4K tons)
- Germany (11.1K tons)
- Italy (9.5K tons)
- Austria (5.9K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey
After three years of growth, shipments abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -9.7% to 16K tons in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year. As a result, the exports reached the peak of 18K tons, and then contracted in the following year.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses contracted to $30M in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 241% against the previous year. As a result, the exports reached the peak of $34M, and then reduced in the following year.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.5 | 0.8 | 1.0 | 5.4 | 121.0% |
| Bulgaria | 0.1 | 0.2 | 3.1 | 2.7 | 200.0% |
| Azerbaijan | 0.6 | 0.8 | 1.6 | 1.9 | 46.8% |
| Libya | 0.1 | 0.2 | 0.7 | 1.7 | 157.1% |
| Iran | 1.0 | 1.9 | 2.3 | 1.5 | 14.5% |
| Belgium | 0.9 | 0.4 | 5.8 | 1.5 | 18.6% |
| Ukraine | 0.8 | 0.6 | 0.9 | 1.4 | 20.5% |
| Algeria | 1.3 | 1.0 | 0.9 | 1.3 | 0.0% |
| Egypt | 0.5 | 0.3 | 0.4 | 1.0 | 26.0% |
| Italy | 0.3 | 0.1 | 1.1 | 1.0 | 49.4% |
| Poland | 0.1 | 0.1 | 1.4 | 0.9 | 108.0% |
| Syrian Arab Republic | 0.1 | 0.4 | 0.2 | 0.8 | 100.0% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Others | 3.5 | 3.1 | 14.1 | 7.9 | 31.2% |
| Total | 9.8 | 9.8 | 33.5 | 29.6 | 44.6% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Turkey in 2022:
- Russia (1.9K tons)
- Bulgaria (1.7K tons)
- Libya (1.2K tons)
- Ukraine (0.9K tons)
- Egypt (0.9K tons)
- Azerbaijan (0.9K tons)
- Belgium (0.8K tons)
- Iran (0.7K tons)
- Algeria (0.6K tons)
- Syrian Arab Republic (0.6K tons)
- Italy (0.6K tons)
- United Arab Emirates (0.5K tons)
- Poland (0.5K tons)
59
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Turkey.
457
This report provides an in-depth analysis of the market for polypropylene in primary forms in Turkey.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
932
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
59
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Turkey.
457
This report provides an in-depth analysis of the market for polypropylene in primary forms in Turkey.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
932
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.
266
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.
669
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.
266
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.
669
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
