Propene market: download newly released information powered by an Ai-driven market intelligence platform. Data contain exports, market prices, imports, consumption, market size, companies, production, and trade. Here is a split by region, including the U.K., China, EU, the U.S., Latin America, Africa, the Middle East, and Russia. Market insights and outlook to 2030 are also featured in the snapshots.
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Propene - World's Largest Markets
In value terms, the United States, India and Japan constituted the countries with the highest levels of market value in 2020, together comprising 28% of the global market. Brazil, Bangladesh, Mexico, China, the UK, Saudi Arabia, Turkey, Russia, Germany and Iran lagged somewhat behind, together accounting for a further 28%.
Among the main consuming countries, Saudi Arabia recorded the highest growth rate of market size, over the period under review, while propene market for the other global leaders experienced more modest paces of growth.
Lowest Prices - FOB - Top Exporters
|USD per ton|
Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the United States ($931 per ton) and the Netherlands ($797 per ton), while Spain ($685 per ton) and Japan ($716 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
|USD per ton|
Prices varied noticeably by the country of destination; the country with the highest price was the United States ($1,030 per ton), while Poland ($670 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced a decline in the import price figures.
Propene - Top Importers
In value terms, China ($2B) constitutes the largest market for imported propene (propylene) worldwide, comprising 35% of global imports. The second position in the ranking was occupied by Germany ($588M), with a 10% share of global imports. It was followed by Belgium, with a 9% share.
From 2018 to 2020, the average annual growth rate of value in China totaled -19.4%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-21.8% per year) and Belgium (+16.5% per year).
Propene - Top Exporters
In value terms, South Korea ($1.2B) remains the largest propene supplier worldwide, comprising 22% of global exports. The second position in the ranking was occupied by the Netherlands ($578M), with a 11% share of global exports. It was followed by Japan, with a 10% share.
In South Korea, propene exports declined by an average annual rate of -18.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the Netherlands (-17.6% per year) and Japan (-13.0% per year).
Propene - Market Forecast
Depressed by shrinking demand for propene worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Propene - Product Coverage
- HS 290122 - Acyclic hydrocarbons; unsaturated, propene (propylene)
This report provides an in-depth analysis of the global propene market.
This report provides an in-depth analysis of the propene market in Eastern Asia.
This report provides an in-depth analysis of the propene market in Africa.
This report provides an in-depth analysis of the propene market in Northern America.
This report provides an in-depth analysis of the propene market in Central Asia.
This report provides an in-depth analysis of the propene market in Latin America and the Caribbean.
This report provides an in-depth analysis of the propene market in Southern Asia.
This report provides an in-depth analysis of the propene market in Australia and Oceania.
This report provides an in-depth analysis of the propene market in the Middle East.
This report provides an in-depth analysis of the propene market in South-Eastern Asia.
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