Russian Federation - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropene Price in Russia - 2022
Contents:
- Propene Price in Russia (FOB) - 2022
- Propene Price in Russia (CIF) - 2022
- Propene Exports in Russia
- Propene Imports in Russia
Propene Price in Russia (FOB) - 2022
The average propene export price stood at $699 per ton in January 2022, with a decrease of -27.6% against the previous month. In general, export price indicated modest growth from January 2021 to January 2022: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, propene export price decreased by -30.7% against November 2021 indices. The growth pace was the most rapid in June 2021 when the average export price increased by 30% m-o-m. As a result, the export price attained the peak level of $1,044 per ton. From July 2021 to January 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was Poland ($967 per ton), while the average price for exports to China ($569 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Propene Price in Russia (CIF) - 2022
In 2022, the average propene import price amounted to $5,208 per ton, with an increase of 93% against the previous year. Over the period under review, the import price continues to indicate strong growth. The growth pace was the most rapid in 2021 an increase of 423%. Over the period under review, average import prices attained the peak figure at $5,262 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($6,558 per ton), while the price for China ($4,275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Propene Exports in Russia
In 2022, the amount of propene (propylene) exported from Russia reduced dramatically to 138K tons, declining by -28.2% on 2021 figures. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% 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 +30.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. As a result, the exports reached the peak of 193K tons, and then declined significantly in the following year.
In value terms, propene exports reduced dramatically to $146M in 2022. Overall, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 176%. As a result, the exports reached the peak of $201M, and then fell markedly in the following year.
| Export of Propene in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 14.9 | 27.4 | 34.1 | 51.3% |
| Poland | 24.0 | 13.9 | 49.2 | 28.7 | 6.1% |
| Germany | 4.6 | 10.5 | 31.1 | 19.9 | 62.9% |
| Netherlands | 3.0 | 2.1 | 6.0 | 5.5 | 22.4% |
| Hungary | N/A | N/A | N/A | 3.5 | 0% |
| Slovakia | 0.7 | 1.7 | N/A | 3.1 | 64.2% |
| Turkey | N/A | N/A | N/A | 2.0 | 0% |
| Czech Republic | 5.9 | N/A | N/A | 1.7 | -34.0% |
| Belarus | 27.1 | 2.9 | N/A | N/A | -89.3% |
| Others | 42.6 | 27.0 | 87.4 | 47.2 | 3.5% |
| Total | 108 | 72.9 | 201 | 146 | 10.6% |
Top Export Markets for Propene from Russia in 2022:
- China (51.0K tons)
- Poland (21.7K tons)
- Germany (16.3K tons)
- Netherlands (4.2K tons)
- Turkey (3.4K tons)
- Hungary (2.0K tons)
- Slovakia (1.9K tons)
- Czech Republic (1.2K tons)
Propene Imports in Russia
In 2022, supplies from abroad of propene (propylene) decreased by -78.1% to 65 tons, falling for the second year in a row after two years of growth. Overall, imports showed a pronounced shrinkage. The growth pace was the most rapid in 2020 when imports increased by 13,411%. As a result, imports reached the peak of 9.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, propene imports contracted markedly to $337K in 2022. Over the period under review, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 2,215% against the previous year. As a result, imports attained the peak of $5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Propene in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 80.1 | 160 | 157 | 40.0% |
| United States | 128 | 284 | 70.7 | 150 | 5.4% |
| Turkey | N/A | N/A | N/A | 11.1 | 0% |
| Belarus | N/A | 4,168 | N/A | N/A | 0% |
| Netherlands | N/A | 94.6 | 270 | N/A | 185.4% |
| Others | 85.8 | 331 | 297 | 19.3 | -39.2% |
| Total | 214 | 4,958 | 797 | 337 | 16.3% |
Top Suppliers of Propene to Russia in 2022:
- China (36.7 tons)
- United States (24.5 tons)
- Turkey (1.7 tons)
This report provides an in-depth analysis of the propene market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141140 - Propene (propylene)
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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