Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in France - 2023

Contents:

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

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

In November 2023, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,282 per ton, approximately mirroring the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 21% month-to-month. The import price peaked at $2,491 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,382 per ton), while the price for Belgium ($1,562 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced a decline.

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in France (FOB) - 2023

In November 2023, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,587 per ton, standing approximately at the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 15% m-o-m. Over the period under review, the average export prices reached the maximum at $2,867 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,154 per ton), while the average price for exports to Belgium ($1,653 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in France

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses imported into France contracted to 78K tons, which is down by -11.6% against 2021 figures. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 9% against the previous year.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses expanded significantly to $178M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany60.464.591.788.013.4%
United States24.341.840.967.640.6%
South Korea24.28.815.78.8-28.6%
Belgium43.46.64.05.2-50.7%
Netherlands2.22.63.04.325.0%
Others7.48.74.14.3-16.6%
Total1621331591783.2%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to France in 2022:

  1. Germany (45.1K tons)
  2. United States (24.2K tons)
  3. South Korea (4.0K tons)
  4. Belgium (2.0K tons)
  5. Netherlands (1.5K tons)

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in France

Exports of propylene, other olefin polymers; polyisobutylene in primary formses from France reduced dramatically to 44K tons in 2022, with a decrease of -16.1% on 2021. Overall, exports saw a abrupt slump.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses rose to $110M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in France (Million USD)
COUNTRY20212022CAGR,
2021-2022
United States20.431.956.4%
Germany19.017.4-8.4%
Italy8.27.0-14.6%
United Kingdom3.95.541.0%
China10.65.5-48.1%
Sweden4.05.230.0%
Spain3.34.639.4%
Turkey2.62.911.5%
Belgium3.32.6-21.2%
Poland3.82.4-36.8%
India2.22.49.1%
Czech Republic2.32.0-13.0%
Portugal1.41.828.6%
Others22.618.8-16.8%
Total1081101.9%

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

  1. United States (12.6K tons)
  2. Germany (6.5K tons)
  3. Italy (3.1K tons)
  4. Sweden (3.0K tons)
  5. United Kingdom (2.9K tons)
  6. China (2.1K tons)
  7. Spain (2.0K tons)
  8. Poland (1.4K tons)
  9. Turkey (1.1K tons)
  10. Belgium (1.1K tons)
  11. Portugal (0.8K tons)
  12. India (0.8K tons)
  13. Czech Republic (0.7K tons)

Source: IndexBox Market Intelligence Platform

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