Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela - 2022
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela (CIF) - 2022
In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,871 per ton, dropping by -14% against the previous year. Overall, the import price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 58% against the previous year. The import price peaked at $3,508 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($8,860 per ton), while the price for Mexico ($789 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.7%), while the prices for the other major suppliers experienced a decline.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela (FOB) - 2022
The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,452 per ton in 2022, which is down by -6.3% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 52%. The export price peaked at $3,181 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -0.7% per year.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela
In 2022, after three years of growth, there was significant decline in supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -17.9% to 3.5K tons. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.5% 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 +62.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of 4.2K tons, and then shrank significantly in the following year.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses contracted dramatically to $6.5M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 142%. As a result, imports reached the peak of $9.2M, and then plummeted in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1,353 | 1,663 | 6,516 | 5,092 | 55.5% |
| United Kingdom | 328 | 442 | 745 | 524 | 16.9% |
| United States | 426 | 563 | 495 | 309 | -10.2% |
| Spain | 166 | 177 | 236 | 131 | -7.6% |
| Taiwan (Chinese) | 84.3 | 109 | 131 | 63.9 | -8.8% |
| Mexico | 51.4 | 59.2 | 85.3 | 51.2 | -0.1% |
| China | 539 | 503 | 487 | 36.8 | -59.1% |
| Others | 290 | 285 | 510 | 296 | 0.7% |
| Total | 3,239 | 3,802 | 9,206 | 6,504 | 26.2% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Venezuela in 2022:
- Colombia (2919.3 tons)
- United States (102.3 tons)
- Spain (97.9 tons)
- Mexico (64.9 tons)
- United Kingdom (59.2 tons)
- Taiwan (Chinese) (52.3 tons)
- China (11.2 tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela
In 2022, after two years of decline, there was significant growth in overseas shipments of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume increased by 129% to 8.8 tons. Overall, exports, however, recorded a dramatic curtailment.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses skyrocketed to $13K in 2022. In general, exports, however, saw a precipitous decrease.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.4 | 19.6 | 6.0 | 12.8 | 217.5% |
| Egypt | 64.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 64.8 | 19.6 | 6.0 | 12.8 | -41.8% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Venezuela in 2022:
- Canada (8.8 tons)
61
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Venezuela.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Venezuela.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Venezuela.
274
This report provides an in-depth analysis of the market for polypropylene in primary forms in Venezuela.
47
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
945
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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127
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
286
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.
681
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
