Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg (CIF) - 2023
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg (CIF) - 2023
The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,428 per ton in August 2023, picking up by 2.3% against the previous month. In general, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 64% against the previous month. The import price peaked at $2,748 per ton in May 2023; however, from June 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($4,592 per ton), while the price for France ($1,253 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg (FOB) - 2022
The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $2,540 per ton in 2022, surging by 29% against the previous year. In general, the export price posted perceptible growth. The most prominent rate of growth was recorded in 2014 an increase of 134%. As a result, the export price reached the peak level of $5,671 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
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 Turkey ($4,799 per ton), while the average price for exports to France ($1,345 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 Turkey (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg
In 2022, approx. 8.7K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into Luxembourg; waning by -23.6% against the previous year. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of 11K tons, and then declined markedly in the following year.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses contracted markedly to $21M in 2022. Over the period under review, imports saw a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports attained the peak of $24M, and then fell significantly in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.0 | 7.5 | 8.6 | 9.8 | -0.7% |
| Belgium | 4.6 | 3.2 | 5.1 | 4.4 | -1.5% |
| Germany | 5.0 | 2.1 | 5.9 | 2.9 | -16.6% |
| Austria | 1.6 | 3.3 | 3.6 | 1.9 | 5.9% |
| Italy | 0.1 | 0.1 | 0.6 | 1.1 | 122.4% |
| Netherlands | 0.1 | N/A | 0.3 | 0.4 | 58.7% |
| Others | 0.3 | 0.7 | 0.3 | 0.1 | -30.7% |
| Total | 21.7 | 17.0 | 24.5 | 20.5 | -1.9% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Luxembourg in 2022:
- France (2.7K tons)
- Belgium (2.5K tons)
- Germany (1.5K tons)
- Austria (1.1K tons)
- Italy (0.6K tons)
- Netherlands (0.2K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg
In 2022, exports of propylene, other olefin polymers; propylene copolymers in primary formses from Luxembourg skyrocketed to 533 tons, rising by 57% on 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses soared to $1.4M in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 22.7 | N/A | 62.6 | 512 | 182.5% |
| Belgium | 296 | 98.0 | 205 | 349 | 5.6% |
| Russia | 13.9 | 9.0 | 197 | 254 | 163.4% |
| Netherlands | N/A | N/A | N/A | 116 | 0% |
| Italy | 7.7 | 16.9 | 54.7 | 56.8 | 94.7% |
| Thailand | N/A | N/A | N/A | 37.7 | 0% |
| France | 229 | 119 | N/A | 1.7 | -80.5% |
| Mexico | 123 | 2.6 | 3.5 | 1.2 | -78.6% |
| Brazil | N/A | 207 | N/A | N/A | 0% |
| Others | 43.1 | 27.6 | 147 | 26.0 | -15.5% |
| Total | 736 | 480 | 670 | 1,355 | 22.6% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Luxembourg in 2022:
- Belgium (175.3 tons)
- Russia (117.9 tons)
- Turkey (106.6 tons)
- Netherlands (69.8 tons)
- Italy (31.5 tons)
- Thailand (17.8 tons)
- France (1.2 tons)
- Mexico (0.1 tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Luxembourg.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Luxembourg.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
61
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Luxembourg.
232
This report provides an in-depth analysis of the market for polypropylene in primary forms in Luxembourg.
44
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
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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.
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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
116
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
268
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.
672
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
