Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Libya - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Libya (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Libya

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Libya (CIF) - 2022

The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,300 per ton in 2022, waning by -22.3% against the previous year. In general, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $1,674 per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($2,005 per ton), while the price for Turkey ($1,257 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Libya

Imports of propylene, other olefin polymers; propylene copolymers in primary formses into Libya soared to 1.7K tons in 2022, picking up by 19% against 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses fell to $2.2M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports attained the peak of $2.4M, and then contracted in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey51.72496701,912233.2%
OmanN/AN/AN/A1100%
Egypt45586.631777.1-44.7%
Tunisia527N/A29557.0-52.4%
South Korea8121,621926N/A6.8%
Others84.349.716132.0-27.6%
Total1,9302,0062,3702,1884.3%

Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Libya in 2022:

  1. Turkey (1521.7 tons)
  2. Oman (64.2 tons)
  3. Tunisia (40.0 tons)
  4. Egypt (38.5 tons)

Source: IndexBox Market Intelligence Platform

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