Polymers of ethylene in primary forms market
Polymers of Ethylene in Primary Forms - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | Canada |
| 4 | Japan |
| 5 | United States |
In value terms, the largest polymers of ethylene in primary forms markets worldwide were China, India and Canada, together comprising 42% of the global market.
Canada (+114.4% per year) saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while market of polymers of ethylene in primary forms (excluding polyethylene, ethylene-vinyl acetate copolymers) for the other global leaders experienced more modest paces of growth.
Polymers Of Ethylene In Primary Forms Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Malaysia | 876 | 780 | 614 | -16.3% |
| Thailand | 1222 | 1186 | 662 | -26.4% |
| Vietnam | 678 | 703 | 726 | 3.5% |
| South Korea | 1378 | 1197 | 780 | -24.8% |
| Saudi Arabia | 1200 | 1213 | 1054 | -6.3% |
| Argentina | 1238 | 1220 | 1203 | -1.4% |
| Italy | 1926 | 1598 | 1250 | -19.4% |
| China | 1471 | 1468 | 1527 | 1.9% |
| Netherlands | 1459 | 1456 | 1607 | 4.9% |
| Germany | 2022 | 1858 | 1868 | -3.9% |
| United States | 2088 | 1864 | 1972 | -2.8% |
| Belgium | 2314 | 2496 | 2607 | 6.1% |
| Japan | 3075 | 3111 | 3386 | 4.9% |
| Average | 1578 | 1501 | 1550 | -0.9% |
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($3,386 per ton), while Malaysia ($614 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Belgium | 1783 | 1956 | 2542 | 19.4% |
| Mexico | 1646 | 1373 | 2322 | 18.8% |
| Vietnam | 1620 | 1835 | 2213 | 16.9% |
| Germany | 2476 | 2218 | 2211 | -5.5% |
| United States | 1451 | 1367 | 2025 | 18.1% |
| Russia | 1816 | 1744 | 1858 | 1.1% |
| Canada | 1605 | 1486 | 1441 | -5.2% |
| Indonesia | 1775 | 1605 | 1356 | -12.6% |
| India | 1498 | 1409 | 1333 | -5.7% |
| United Arab Emirates | 1368 | 1311 | 1285 | -3.1% |
| Saudi Arabia | 1417 | 1288 | 1162 | -9.4% |
| China | 1216 | 1119 | 1069 | -6.2% |
| Malaysia | 1452 | 1181 | 1019 | -16.2% |
| Average | 1525 | 1511 | 1615 | 2.9% |
Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($2,542 per ton), while Malaysia ($1,019 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.
Polymers of Ethylene in Primary Forms - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 2.1 | 1.1 | 1 | -32.5% |
| Mexico | 0.4 | 0.4 | 0.3 | -3.0% |
| Vietnam | 0.4 | 0.4 | 0.3 | -10.7% |
| Belgium | 0.4 | 0.4 | 0.3 | -10.3% |
| Germany | 0.3 | 0.3 | 0.2 | -14.2% |
In value terms, China ($972M) constitutes the largest market for imported polymers of ethylene in primary forms (excluding polyethylene, ethylene-vinyl acetate copolymers) worldwide, comprising 18% of global imports. The second position in the ranking was occupied by Mexico ($346M), with a 6.5% share of global imports. It was followed by Vietnam, with a 6.1% share.
In China, imports of polymers of ethylene in primary forms (excluding polyethylene, ethylene-vinyl acetate copolymers) plunged by an average annual rate of -32.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Mexico (-3.0% per year) and Vietnam (-10.7% per year).
Polymers of Ethylene in Primary Forms - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 1.1 | 1 | 0.9 | -11.6% |
| Belgium | 0.5 | 0.2 | 0.6 | 10.6% |
| China | 0.5 | 0.5 | 0.6 | 10.7% |
| Japan | 0.3 | 0.3 | 0.3 | -4.7% |
| Germany | 0.4 | 0.4 | 0.3 | -15.2% |
In value terms, the largest polymers of ethylene in primary forms supplying countries worldwide were the United States ($854M), Belgium ($610M) and China ($566M), together accounting for 42% of global exports. These countries were followed by Japan, Germany, South Korea, Saudi Arabia, Argentina, Malaysia, the Netherlands, Italy, Thailand and Vietnam, which together accounted for a further 35%.
Vietnam recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Polymers of Ethylene in Primary Forms - Market Forecast
Driven by rising demand for polymers of ethylene in primary forms worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Polymers of Ethylene in Primary Forms - Product Coverage
- HS 390190 - Ethylene polymers; in primary forms, n.e.s. in heading no. 3901
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