Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland (FOB) - 2023
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland (CIF) - 2023
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland (FOB) - 2023
In October 2023, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $2,475 per ton, surging by 28% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($3,384 per ton), while the average price for exports to Serbia ($1,549 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland (CIF) - 2023
The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,746 per ton in October 2023, reducing by -10% against the previous month. In general, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in January 2023 an increase of 26% against the previous month. Over the period under review, average import prices attained the maximum at $2,225 per ton in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($2,752 per ton), while the price for Turkey totaled $1,657 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland
In 2022, after three years of growth, there was significant decline in shipments abroad of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -9.4% to 79K tons. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 9.2%. As a result, the exports attained the peak of 87K tons, and then contracted in the following year.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses contracted to $163M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +46.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 63% against the previous year. As a result, the exports attained the peak of $183M, and then dropped in the following year.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.7 | 8.1 | 17.6 | 19.5 | 15.4% |
| Sweden | 12.3 | 10.8 | 23.7 | 19.1 | 15.8% |
| Czech Republic | 11.1 | 11.0 | 21.2 | 18.2 | 17.9% |
| United Kingdom | 16.4 | 8.7 | 10.4 | 13.7 | -5.8% |
| Italy | 4.1 | 3.6 | 12.7 | 12.7 | 45.8% |
| Poland | 7.5 | 6.6 | 12.8 | 10.9 | 13.3% |
| Austria | 5.5 | 4.7 | 9.5 | 9.7 | 20.8% |
| Netherlands | 5.0 | 2.6 | 5.7 | 6.8 | 10.8% |
| Serbia | 0.9 | 1.9 | 2.4 | 5.9 | 87.2% |
| Hungary | 0.4 | 0.1 | 3.8 | 4.7 | 127.3% |
| France | 1.9 | 1.5 | 3.8 | 4.2 | 30.3% |
| Norway | 5.9 | 9.4 | 6.8 | 4.2 | -10.7% |
| Russia | 6.5 | 7.8 | 11.1 | 1.1 | -44.7% |
| Others | 35.5 | 34.9 | 41.1 | 32.6 | -2.8% |
| Total | 126 | 112 | 183 | 163 | 9.0% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Finland in 2022:
- Germany (9.5K tons)
- Czech Republic (9.3K tons)
- Sweden (9.3K tons)
- United Kingdom (7.2K tons)
- Italy (6.9K tons)
- Poland (5.8K tons)
- Austria (4.3K tons)
- Netherlands (3.7K tons)
- Serbia (3.0K tons)
- France (2.4K tons)
- Hungary (1.9K tons)
- Norway (1.8K tons)
- Russia (0.5K tons)
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland
In 2022, overseas purchases of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -18.3% to 21K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of 25K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses shrank to $45M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $52M, and then declined in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 16.2 | 13.4 | 14.6 | 13.1 | -6.8% |
| Sweden | 2.8 | 6.9 | 8.4 | 9.4 | 49.7% |
| Germany | 9.6 | 6.1 | 9.4 | 8.1 | -5.5% |
| Netherlands | 1.4 | 6.6 | 14.4 | 5.8 | 60.6% |
| Denmark | 0.6 | 0.5 | 0.5 | 2.7 | 65.1% |
| Austria | 4.7 | 2.7 | 2.5 | 2.1 | -23.6% |
| Poland | 0.2 | 0.2 | 0.3 | 0.8 | 58.7% |
| Others | 4.0 | 0.8 | 1.7 | 2.9 | -10.2% |
| Total | 39.5 | 37.2 | 51.7 | 44.9 | 4.4% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Finland in 2022:
- Belgium (6.8K tons)
- Sweden (3.7K tons)
- Germany (3.6K tons)
- Netherlands (2.8K tons)
- Denmark (1.2K tons)
- Austria (0.9K tons)
- Poland (0.5K tons)
61
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Finland.
443
This report provides an in-depth analysis of the market for polypropylene in primary forms in Finland.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
931
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 Finland.
443
This report provides an in-depth analysis of the market for polypropylene in primary forms in Finland.
42
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
931
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
115
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
265
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.
667
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
115
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
265
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.
667
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
