Price for Ethylene Polymers; Waste, Parings and Scrap in Belgium - 2023
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Belgium (FOB) - 2023
- Price for Ethylene Polymers; Waste, Parings and Scrap in Belgium (CIF) - 2023
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Belgium
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Belgium
Price for Ethylene Polymers; Waste, Parings and Scrap in Belgium (FOB) - 2023
In November 2023, the average export price for ethylene polymers; waste, parings and scraps amounted to $318 per ton, reducing by -7.8% against the previous month. In general, the export price recorded a noticeable downturn. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices hit record highs at $501 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Indonesia ($408 per ton), while the average price for exports to Vietnam ($221 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 Malaysia (+0.6%), while the prices for the other major destinations experienced a decline.
Price for Ethylene Polymers; Waste, Parings and Scrap in Belgium (CIF) - 2023
In November 2023, the average import price for ethylene polymers; waste, parings and scraps amounted to $353 per ton, declining by -7.3% against the previous month. In general, the import price showed a slight decrease. The pace of growth appeared the most rapid in April 2023 an increase of 15% month-to-month. As a result, import price attained the peak level of $500 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat 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 ($420 per ton), while the price for the UK ($149 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 (-0.8%), while the prices for the other major suppliers experienced a decline.
Exports of Ethylene Polymers; Waste, Parings and Scrap in Belgium
In 2022, the amount of ethylene polymers; waste, parings and scraps exported from Belgium expanded to 265K tons, with an increase of 3.7% compared with the year before. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 45%. As a result, the exports attained the peak of 308K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ethylene polymers; waste, parings and scraps soared to $140M in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ethylene Polymers; Waste, Parings and Scrap in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 23.5 | 21.4 | 30.5 | 46.0 | 25.1% |
| Turkey | 5.2 | 14.5 | 19.4 | 24.2 | 67.0% |
| France | 9.8 | 6.5 | 16.0 | 17.4 | 21.1% |
| Germany | 7.2 | 7.0 | 6.2 | 9.7 | 10.4% |
| Vietnam | 1.2 | 8.4 | 5.8 | 7.9 | 87.4% |
| Indonesia | 1.8 | 2.3 | 6.2 | 7.3 | 59.5% |
| Malaysia | 5.0 | 8.2 | 4.9 | 7.1 | 12.4% |
| Others | 16.2 | 7.8 | 11.5 | 20.0 | 7.3% |
| Total | 70.0 | 76.0 | 100 | 140 | 26.0% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Belgium in 2022:
- Turkey (59.8K tons)
- Netherlands (59.5K tons)
- France (25.7K tons)
- Germany (24.0K tons)
- Vietnam (23.9K tons)
- Malaysia (20.2K tons)
- Indonesia (15.1K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in Belgium
In 2022, imports of ethylene polymers; waste, parings and scraps into Belgium surged to 195K tons, growing by 28% on 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +54.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ethylene polymers; waste, parings and scraps skyrocketed to $103M in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ethylene Polymers; Waste, Parings and Scrap in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 16.9 | 19.6 | 20.0 | 34.9 | 27.3% |
| France | 8.9 | 9.6 | 13.9 | 24.7 | 40.5% |
| Germany | 11.7 | 13.0 | 17.1 | 24.2 | 27.4% |
| United Kingdom | 3.1 | 2.2 | 6.2 | 12.6 | 59.6% |
| Others | 3.1 | 3.0 | 4.3 | 6.5 | 28.0% |
| Total | 43.6 | 47.3 | 61.5 | 103 | 33.2% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Belgium in 2022:
- Netherlands (61.3K tons)
- France (56.5K tons)
- Germany (44.0K tons)
- United Kingdom (22.7K tons)
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