Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Uruguay - 2022

Contents:

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

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

In 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,895 per ton, falling by -4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 58%. As a result, import price attained the peak level of $1,979 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,401 per ton), while the price for South Africa ($1,548 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $8,116 per ton, jumping by 409% against the previous year. Over the period under review, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($8,356 per ton), while the average price for exports to Italy amounted to $6,190 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+22.4%), 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 Uruguay

In 2022, approx. 7.4K tons of polymers of propylene or of other olefins, in primary formses were imported into Uruguay; remaining stable against the year before. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of polymers of propylene or of other olefins, in primary formses shrank modestly to $14M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +68.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 76%. As a result, imports reached the peak of $15M, and then dropped modestly in the following year.

Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil6.95.59.17.42.4%
South Korea0.60.50.91.741.5%
Argentina0.30.11.51.674.7%
Saudi Arabia0.40.61.31.451.8%
South AfricaN/A0.10.10.4100.0%
Germany0.10.30.60.458.7%
ChinaN/AN/AN/A0.30%
Spain0.40.40.40.2-20.6%
United States1.00.4N/AN/A-60.0%
Others0.80.50.80.80.0%
Total10.58.414.714.110.3%

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

  1. Brazil (3701.2 tons)
  2. South Korea (934.0 tons)
  3. Argentina (884.3 tons)
  4. Saudi Arabia (832.0 tons)
  5. South Africa (272.3 tons)
  6. China (151.3 tons)
  7. Germany (146.6 tons)
  8. Spain (121.0 tons)
  9. United States (0.4 tons)

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

In 2022, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by -99.8% to 900 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 137%. As a result, the exports attained the peak of 487 tons, and then fell remarkably in the following year.

In value terms, exports of polymers of propylene or of other olefins, in primary formses contracted dramatically to $7.3K in 2022. In general, exports showed a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 114% against the previous year. As a result, the exports reached the peak of $777K, and then shrank notably in the following year.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A6.70%
Italy75.3N/AN/A0.6-80.0%
VenezuelaN/A344N/AN/A0%
United States26.5N/AN/AN/A0%
Brazil102N/A776N/A175.8%
Others9.618.30.5N/A-77.2%
Total2143637777.3-67.6%

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

  1. Argentina (800.0 kg)
  2. Italy (100.0 kg)

Source: IndexBox Market Intelligence Platform

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