Price for Ethylene Polymers; Waste, Parings and Scrap in Austria - 2023
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Austria (FOB) - 2022
- Price for Ethylene Polymers; Waste, Parings and Scrap in Austria (CIF) - 2023
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Austria
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Austria
Price for Ethylene Polymers; Waste, Parings and Scrap in Austria (FOB) - 2022
The average export price for ethylene polymers; waste, parings and scraps stood at $453 per ton in 2022, reducing by -12.2% against the previous year. Over the period under review, the export price, however, enjoyed a notable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 72% against the previous year. The export price peaked at $636 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($2,226 per ton), while the average price for exports to Switzerland ($117 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ethylene Polymers; Waste, Parings and Scrap in Austria (CIF) - 2023
In November 2023, the average import price for ethylene polymers; waste, parings and scraps amounted to $343 per ton, reducing by -25.6% against the previous month. In general, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 43% month-to-month. As a result, import price reached the peak level of $798 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($1,090 per ton), while the price for Switzerland ($102 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 the Netherlands (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ethylene Polymers; Waste, Parings and Scrap in Austria
In 2022, the amount of ethylene polymers; waste, parings and scraps exported from Austria dropped slightly to 55K tons, declining by -4.7% on 2021. In general, exports recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 when exports increased by 9.8% against the previous year.
In value terms, exports of ethylene polymers; waste, parings and scraps reduced markedly to $25M in 2022. Overall, exports saw a deep slump. The smallest decline of -10.2% was in 2020.
| Export of Ethylene Polymers; Waste, Parings and Scrap in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 0.7 | 2.5 | 3.3 | 5.6 | 100.0% |
| Germany | 15.3 | 10.8 | 10.9 | 5.5 | -28.9% |
| Slovenia | 1.6 | 2.5 | 3.2 | 3.5 | 29.8% |
| Slovakia | 0.5 | 0.3 | 1.1 | 2.6 | 73.2% |
| Poland | 0.8 | 0.3 | 0.9 | 1.6 | 26.0% |
| Bulgaria | 1.3 | 0.8 | 1.1 | 1.2 | -2.6% |
| Italy | 3.6 | 2.6 | 1.4 | 0.5 | -48.2% |
| Switzerland | 0.4 | 0.1 | 0.2 | 0.4 | 0.0% |
| Czech Republic | 4.3 | 0.1 | 2.6 | 0.2 | -64.0% |
| France | 4.8 | 10.3 | N/A | N/A | 114.6% |
| Others | 3.6 | 2.7 | 4.7 | 3.5 | -0.9% |
| Total | 36.8 | 33.1 | 29.5 | 24.7 | -12.4% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Austria in 2022:
- Slovenia (13.0K tons)
- Germany (11.4K tons)
- Slovakia (9.0K tons)
- Bulgaria (5.0K tons)
- Poland (4.2K tons)
- Switzerland (3.0K tons)
- Romania (2.5K tons)
- Italy (0.5K tons)
- Czech Republic (0.3K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in Austria
In 2022, the amount of ethylene polymers; waste, parings and scraps imported into Austria expanded markedly to 47K tons, with an increase of 6% compared with 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of ethylene polymers; waste, parings and scraps surged to $19M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Ethylene Polymers; Waste, Parings and Scrap in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 3.5 | 5.6 | 5.4 | 7.1% |
| Slovenia | 0.9 | 0.6 | 2.8 | 4.3 | 68.4% |
| Netherlands | 0.3 | 0.2 | 1.4 | 3.4 | 124.6% |
| United Kingdom | 0.2 | 0.8 | 1.2 | 1.7 | 104.1% |
| Italy | 0.5 | 0.4 | 1.5 | 0.9 | 21.6% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Switzerland | 0.3 | 0.4 | 0.8 | 0.6 | 26.0% |
| Poland | 0.4 | 0.1 | 0.8 | 0.4 | 0.0% |
| Others | 2.8 | 2.4 | 1.0 | 1.3 | -22.6% |
| Total | 9.8 | 8.4 | 15.2 | 18.7 | 24.0% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Austria in 2022:
- Germany (24.4K tons)
- Slovenia (8.5K tons)
- Netherlands (4.3K tons)
- Switzerland (3.0K tons)
- United Kingdom (1.7K tons)
- Italy (1.5K tons)
- United Arab Emirates (0.8K tons)
- Poland (0.7K tons)
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