Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland (CIF) - 2023
  2. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland (FOB) - 2023
  3. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland
  4. Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland (CIF) - 2023

In October 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,498 per ton, dropping by -9.8% against the previous month. Overall, the import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in November 2022 an increase of 5% m-o-m. Over the period under review, average import prices reached the peak figure at $1,870 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was South Korea ($1,484 per ton), while the price for Vietnam ($1,100 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.2%), 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 Poland (FOB) - 2023

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $2,859 per ton in October 2023, increasing by 54% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +4.5%. 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 Turkey ($4,263 per ton), while the average price for exports to Belarus ($1,244 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 France (+5.0%), 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 Poland

In 2022, overseas purchases of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -12% to 289K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7%. As a result, imports reached the peak of 329K tons, and then declined in the following year.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses declined to $589M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +43.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 60%. As a result, imports reached the peak of $660M, and then fell in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12110918016611.1%
Belgium85.091.413111610.9%
Netherlands44.356.985.980.221.9%
Hungary47.846.867.648.20.3%
Czech Republic13.718.327.333.735.0%
Austria19.515.128.129.514.8%
Italy17.815.728.429.017.7%
Slovakia17.917.540.822.57.9%
France21.815.422.415.8-10.2%
South Korea14.63.36.112.7-4.5%
Others28.622.142.235.47.4%
Total43241266058910.9%

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

  1. Germany (82.4K tons)
  2. Belgium (54.6K tons)
  3. Netherlands (39.7K tons)
  4. Hungary (25.1K tons)
  5. Czech Republic (15.2K tons)
  6. Austria (14.5K tons)
  7. Italy (14.3K tons)
  8. Slovakia (12.4K tons)
  9. France (7.6K tons)
  10. South Korea (6.7K tons)

Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland

In 2022, exports of propylene, other olefin polymers; propylene copolymers in primary formses from Poland soared to 93K tons, growing by 20% compared with 2021 figures. The total export volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 surged to $187M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany22.624.343.854.033.7%
Italy7.99.515.727.651.7%
France4.66.46.718.258.2%
Slovakia20.115.517.113.8-11.8%
Romania8.110.015.513.318.0%
Czech Republic4.44.57.48.424.1%
Hungary10.16.07.98.3-6.3%
Turkey2.03.26.36.145.0%
United Kingdom2.32.62.24.020.3%
Netherlands2.01.93.23.924.9%
Belgium0.81.22.53.360.4%
Lithuania2.22.04.23.112.1%
Austria1.11.31.83.141.3%
Others21.920.119.920.4-2.3%
Total11010815418719.3%

Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Poland in 2022:

  1. Germany (24.6K tons)
  2. Italy (16.4K tons)
  3. France (10.5K tons)
  4. Romania (6.8K tons)
  5. Slovakia (6.0K tons)
  6. Hungary (4.2K tons)
  7. Czech Republic (4.0K tons)
  8. United Kingdom (2.3K tons)
  9. Belgium (1.9K tons)
  10. Turkey (1.7K tons)
  11. Lithuania (1.7K tons)
  12. Austria (1.7K tons)
  13. Netherlands (1.6K tons)

Source: IndexBox Market Intelligence Platform

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