Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore - 2022
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore (FOB) - 2022
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore (CIF) - 2022
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore (FOB) - 2022
The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $2,188 per ton in September 2022, declining by -4.4% against the previous month. In general, export price indicated measured growth from September 2021 to September 2022: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, export price for propylene, other olefin polymers; propylene copolymers in primary formses decreased by -11.9% against May 2022 indices. The pace of growth appeared the most rapid in January 2022 an increase of 35% against the previous month. The export price peaked at $2,483 per ton in May 2022; however, from June 2022 to September 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Belgium ($2,895 per ton), while the average price for exports to Vietnam ($1,716 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.6%), 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 Singapore (CIF) - 2022
In September 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $3,856 per ton, growing by 23% against the previous month. In general, import price indicated a temperate increase from September 2021 to September 2022: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for propylene, other olefin polymers; propylene copolymers in primary formses increased by +43.6% against March 2022 indices. The pace of growth was the most pronounced in August 2022 an increase of 40% month-to-month. Over the period under review, average import prices reached the peak figure in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Canada ($8,986 per ton), while the price for Saudi Arabia ($1,711 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Finland (+11.8%), 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 Singapore
In 2022, exports of propylene, other olefin polymers; propylene copolymers in primary formses from Singapore declined modestly to 1.1M tons, shrinking by -4.7% compared with the previous year. In general, exports showed a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by 7.2%.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses stood at $1.9B in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 641 | 555 | 694 | 690 | 2.5% |
| Indonesia | 267 | 200 | 293 | 290 | 2.8% |
| India | 141 | 104 | 186 | 217 | 15.5% |
| United States | 67.9 | 68.4 | 89.1 | 120 | 20.9% |
| Vietnam | 106 | 87.7 | 100 | 87.3 | -6.3% |
| Belgium | 35.5 | 29.6 | 59.1 | 76.3 | 29.1% |
| Malaysia | 65.7 | 66.4 | 80.1 | 70.6 | 2.4% |
| Thailand | 71.5 | 52.9 | 72.9 | 68.3 | -1.5% |
| Taiwan (Chinese) | 33.8 | 27.6 | 32.2 | 31.5 | -2.3% |
| Philippines | 39.9 | 30.2 | 38.9 | 28.4 | -10.7% |
| Hong Kong SAR | 31.5 | 27.4 | 30.1 | 10.8 | -30.0% |
| Others | 162 | 142 | 207 | 204 | 8.0% |
| Total | 1,664 | 1,391 | 1,883 | 1,894 | 4.4% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Singapore in 2022:
- China (436.8K tons)
- Indonesia (179.7K tons)
- India (132.0K tons)
- Vietnam (61.9K tons)
- United States (59.9K tons)
- Malaysia (44.5K tons)
- Thailand (43.1K tons)
- Belgium (38.4K tons)
- Philippines (20.7K tons)
- Taiwan (Chinese) (17.9K tons)
- Hong Kong SAR (7.3K tons)
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore
In 2022, overseas purchases of propylene, other olefin polymers; propylene copolymers in primary formses were finally on the rise to reach 46K tons after two years of decline. Over the period under review, imports, however, continue to indicate a deep reduction.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses fell modestly to $85M in 2022. In general, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 11%.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 28.7 | 12.6 | 21.0 | 35.9 | 7.7% |
| United States | 44.6 | 26.7 | 18.8 | 18.0 | -26.1% |
| Canada | 3.3 | 0.5 | 6.5 | 6.8 | 27.3% |
| South Korea | 2.0 | 2.3 | 3.7 | 5.6 | 40.9% |
| Malaysia | 10.1 | 3.3 | 10.6 | 3.7 | -28.4% |
| United Arab Emirates | 9.5 | 14.8 | 8.0 | 2.7 | -34.3% |
| Japan | 2.8 | 2.0 | 4.1 | 2.6 | -2.4% |
| Finland | 1.0 | 8.9 | 3.6 | 2.4 | 33.9% |
| Taiwan (Chinese) | 2.1 | 1.9 | 3.3 | 1.6 | -8.7% |
| Others | 6.7 | 4.4 | 6.2 | 5.6 | -5.8% |
| Total | 111 | 77.3 | 85.7 | 84.8 | -8.6% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Singapore in 2022:
- Saudi Arabia (30.7K tons)
- United States (3.3K tons)
- Malaysia (2.6K tons)
- United Arab Emirates (2.5K tons)
- South Korea (1.9K tons)
- Canada (1.1K tons)
- Finland (1.1K tons)
- Taiwan (Chinese) (0.8K tons)
- Japan (0.8K tons)
41
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Singapore.
512
This report provides an in-depth analysis of the market for polypropylene in primary forms in Singapore.
48
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
946
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
41
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Singapore.
512
This report provides an in-depth analysis of the market for polypropylene in primary forms in Singapore.
48
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
946
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
139
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
295
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.
683
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
139
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
295
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.
683
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
