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

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Uruguay (CIF) - 2022
  2. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Uruguay (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Uruguay
  4. Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Uruguay

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

In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,924 per ton, waning by -4.8% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for propylene, other olefin polymers; propylene copolymers in primary formses increased by +49.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 57%. As a result, import price reached the peak level of $2,021 per ton, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,198 per ton), while the price for the United Arab Emirates ($1,464 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.7%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $6,190 per ton, increasing by 258% against the previous year. Overall, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +9.0% per year.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -6.5% to 3.5K tons. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 3.7K tons, and then dropped in the following year.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses declined to $6.7M in 2022. Overall, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports attained the peak of $7.5M, and then contracted in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3,2812,9495,1074,49111.0%
Saudi Arabia52.793.5532808148.4%
South Korea10492.942661480.7%
Germany10814648530240.9%
United Arab EmiratesN/AN/AN/A1450%
Spain275342336120-24.2%
Others359440654232-13.5%
Total4,1804,0647,5406,71317.1%

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

  1. Brazil (2258.4 tons)
  2. Saudi Arabia (487.0 tons)
  3. South Korea (328.0 tons)
  4. Germany (137.5 tons)
  5. United Arab Emirates (99.0 tons)
  6. Spain (74.3 tons)

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

In 2022, exports of propylene, other olefin polymers; propylene copolymers in primary formses from Uruguay declined markedly to 100 kg, waning by -99.6% on 2021. In general, exports saw a precipitous descent. The smallest decline of -25.1% was in 2020.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses contracted significantly to $619 in 2022. Overall, exports showed a sharp slump. The smallest decline of -27.2% was in 2020.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.10.20.20.681.7%
Spain8.7N/AN/AN/A0%
VenezuelaN/A4.8N/AN/A0%
Ecuador28.732.325.3N/A-6.1%
Brazil49.637.118.1N/A-39.6%
Canada15.1N/AN/AN/A0%
Others2.11.64.0N/A38.0%
Total10475.947.60.6-82.1%

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

  1. Italy (100.0 kg)

Source: IndexBox Market Intelligence Platform

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