Price for Ethylene Polymers; Waste, Parings and Scrap in Norway - 2024
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Norway (FOB) - 2024
- Price for Ethylene Polymers; Waste, Parings and Scrap in Norway (CIF) - 2022
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Norway
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Norway
Price for Ethylene Polymers; Waste, Parings and Scrap in Norway (FOB) - 2024
In January 2024, the average export price for ethylene polymers; waste, parings and scraps amounted to $163 per ton, surging by 25% against the previous month. Over the period under review, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in August 2023 when the average export price increased by 44% month-to-month. The export price peaked at $305 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Poland ($471 per ton), while the average price for exports to Lithuania ($50.0 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ethylene Polymers; Waste, Parings and Scrap in Norway (CIF) - 2022
The average import price for ethylene polymers; waste, parings and scraps stood at $552 per ton in 2022, falling by -12.1% against the previous year. Overall, the import price showed a perceptible reduction. The growth pace was the most rapid in 2016 an increase of 121% against the previous year. As a result, import price attained the peak level of $1,398 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,042 per ton), while the price for Germany ($272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.5%), while the prices for the other major suppliers experienced a decline.
Exports of Ethylene Polymers; Waste, Parings and Scrap in Norway
In 2022, after three years of growth, there was decline in shipments abroad of ethylene polymers; waste, parings and scraps, when their volume decreased by -3.1% to 38K tons. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 17%. As a result, the exports reached the peak of 39K tons, and then fell in the following year.
In value terms, exports of ethylene polymers; waste, parings and scraps reached $8.9M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% 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 +79.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 64% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Ethylene Polymers; Waste, Parings and Scrap in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4,212 | 2,168 | 1,641 | 1,923 | -23.0% |
Poland | 557 | 659 | 1,308 | 1,855 | 49.3% |
Lithuania | 497 | 745 | 1,631 | 1,794 | 53.4% |
Sweden | 946 | 774 | 1,180 | 1,080 | 4.5% |
Czech Republic | 4.5 | 72.2 | 458 | 914 | 487.8% |
Netherlands | 153 | 90.0 | 356 | 834 | 76.0% |
Latvia | 17.3 | 143 | 348 | 319 | 164.2% |
Others | 257 | 338 | 1,273 | 210 | -6.5% |
Total | 6,644 | 4,989 | 8,196 | 8,929 | 10.4% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Norway in 2022:
- Lithuania (15.9K tons)
- Poland (6.7K tons)
- Germany (5.2K tons)
- Sweden (3.3K tons)
- Netherlands (2.7K tons)
- Latvia (1.6K tons)
- Czech Republic (1.1K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in Norway
In 2022, supplies from abroad of ethylene polymers; waste, parings and scraps decreased by -6.1% to 1.2K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, imports attained the peak of 2.4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of ethylene polymers; waste, parings and scraps contracted dramatically to $685K in 2022. In general, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Ethylene Polymers; Waste, Parings and Scrap in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 382 | 907 | 611 | 626 | 17.9% |
Poland | N/A | N/A | N/A | 47.4 | 0% |
Germany | 3.6 | 15.8 | 7.6 | 10.6 | 43.3% |
Denmark | 339 | 463 | 160 | 0.2 | -91.6% |
Others | 6.0 | 113 | 50.0 | 0.2 | -67.8% |
Total | 730 | 1,499 | 829 | 685 | -2.1% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Norway in 2022:
- Sweden (1178.0 tons)
- Germany (38.8 tons)
- Poland (23.2 tons)
- Denmark (0.2 tons)
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