Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Norway - 2024

Contents:

1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Norway (CIF) - 2022
2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Norway (FOB) - 2022
3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Norway
4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Norway

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Norway (CIF) - 2022

In 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $2,205 per ton, rising by 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($2,486 per ton) and France ($2,477 per ton), while the price for Ireland ($1,904 per ton) and Belgium ($2,044 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Norway (FOB) - 2022

The average export price for polymers of propylene or of other olefins, in primary formses stood at $2,863 per ton in 2022, with an increase of 42% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,369 per ton), while the average price for exports to Belgium ($1,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Norway

For the fourth year in a row, Norway recorded growth in supplies from abroad of polymers of propylene or of other olefins, in primary formses, which increased by 2.7% to 38K tons in 2022. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of polymers of propylene or of other olefins, in primary formses rose notably to $85M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +70.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 57%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Norway in 2022:

1. Netherlands (11.4K tons)
2. Belgium (6.3K tons)
3. Finland (4.5K tons)
4. Ireland (3.4K tons)
5. United Kingdom (3.3K tons)
6. Germany (2.4K tons)
7. Austria (1.3K tons)
8. Sweden (0.7K tons)

Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Norway

Exports of polymers of propylene or of other olefins, in primary formses from Norway amounted to 2.9K tons in 2022, growing by 15% against the previous year. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% 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 +83.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of polymers of propylene or of other olefins, in primary formses surged to $8.2M in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Norway in 2022:

1. Canada (1120.9 tons)
2. France (790.8 tons)
3. Sweden (259.8 tons)
4. Hungary (255.4 tons)
5. Netherlands (184.1 tons)
6. Belgium (59.6 tons)
7. Germany (26.8 tons)

Source: IndexBox Market Intelligence Platform