Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary (CIF) - 2023
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary (CIF) - 2023
The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $4,646 per ton in November 2023, waning by -2.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 22% month-to-month. Over the period under review, average import prices attained the peak figure at $4,745 per ton in October 2023, and then reduced slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($4,770 per ton), while the price for the Netherlands ($2,146 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+24.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $5,316 per ton, with an increase of 27% against the previous year. Over the period under review, the export price posted prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 147% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,951 per ton), while the average price for exports to Denmark stood at $4,105 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary
For the third year in a row, Hungary recorded decline in supplies from abroad of propylene, other olefin polymers; polyisobutylene in primary formses, which decreased by -16.7% to 2.3K tons in 2022. Over the period under review, imports showed a deep setback. The smallest decline of -1.9% was in 2020.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses stood at $9M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.4 | 9.4 | 6.6 | 7.3 | 4.5% |
| South Korea | 0.4 | 0.5 | 0.8 | 0.7 | 20.5% |
| Belgium | 0.2 | 0.4 | 0.1 | 0.4 | 26.0% |
| France | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Netherlands | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 0.5 | 0.8 | 0.3 | 0.2 | -26.3% |
| Total | 7.8 | 11.1 | 8.1 | 9.0 | 4.9% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Hungary in 2022:
- Germany (1774.4 tons)
- South Korea (273.6 tons)
- Belgium (137.8 tons)
- France (66.2 tons)
- Netherlands (33.8 tons)
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary
In 2022, approx. 15 tons of propylene, other olefin polymers; polyisobutylene in primary formses were exported from Hungary; falling by -11.2% on the year before. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 889%. As a result, the exports attained the peak of 16 tons, and then reduced in the following year.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses rose markedly to $78K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 968%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.1 | 0.1 | 65.4 | 57.1 | 84.4% |
| Denmark | 1.0 | 3.7 | 3.5 | 20.7 | 174.6% |
| Moldova | N/A | 2.2 | N/A | N/A | 0% |
| Lithuania | 0.8 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.4 | N/A | N/A | 0.0% |
| Total | 11.2 | 6.5 | 68.9 | 77.8 | 90.8% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Hungary in 2022:
- Germany (9.6 tons)
- Denmark (5.0 tons)
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Hungary.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Hungary.
318
This report provides an in-depth analysis of the market for polypropylene in primary forms in Hungary.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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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 ...
