Price for Ethylene Polymers; Waste, Parings and Scrap in France - 2023
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in France (FOB) - 2023
- Price for Ethylene Polymers; Waste, Parings and Scrap in France (CIF) - 2023
- Exports of Ethylene Polymers; Waste, Parings and Scrap in France
- Imports of Ethylene Polymers; Waste, Parings and Scrap in France
Price for Ethylene Polymers; Waste, Parings and Scrap in France (FOB) - 2023
In November 2023, the average export price for ethylene polymers; waste, parings and scraps amounted to $283 per ton, with a decrease of -7.5% against the previous month. In general, the export price recorded a slight setback. The pace of growth was the most pronounced in September 2023 an increase of 33% m-o-m. Over the period under review, the average export prices hit record highs at $354 per ton in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($566 per ton), while the average price for exports to Portugal ($143 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 Poland (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ethylene Polymers; Waste, Parings and Scrap in France (CIF) - 2023
The average import price for ethylene polymers; waste, parings and scraps stood at $444 per ton in November 2023, dropping by -16% against the previous month. Over the period under review, the import price saw a perceptible setback. The most prominent rate of growth was recorded in October 2023 an increase of 16% m-o-m. The import price peaked at $659 per ton in December 2022; however, from January 2023 to November 2023, 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 Spain ($1,403 per ton), while the price for Italy ($116 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 Spain (+4.9%), while the prices for the other major suppliers experienced a decline.
Exports of Ethylene Polymers; Waste, Parings and Scrap in France
In 2022, approx. 186K tons of ethylene polymers; waste, parings and scraps were exported from France; picking up by 10% compared with 2021 figures. The total export volume increased at an average annual rate of +1.6% over the period from 2019 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.
In value terms, exports of ethylene polymers; waste, parings and scraps skyrocketed to $94M in 2022. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
Export of Ethylene Polymers; Waste, Parings and Scrap in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 14.3 | 8.4 | 20.0 | 32.0 | 30.8% |
Italy | 13.7 | 12.0 | 21.6 | 18.1 | 9.7% |
Netherlands | 6.8 | 4.8 | 9.2 | 15.5 | 31.6% |
Belgium | 5.7 | 4.2 | 7.6 | 10.5 | 22.6% |
Germany | 7.3 | 4.5 | 6.5 | 10.2 | 11.8% |
United Kingdom | 4.2 | 0.6 | 0.6 | 1.3 | -32.4% |
Others | 8.7 | 4.2 | 5.5 | 6.6 | -8.8% |
Total | 60.6 | 38.7 | 70.9 | 94.3 | 15.9% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from France in 2022:
- Spain (69.6K tons)
- Netherlands (31.7K tons)
- Belgium (25.9K tons)
- Germany (22.6K tons)
- Italy (22.1K tons)
- United Kingdom (3.7K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in France
In 2022, after two years of decline, there was significant growth in overseas purchases of ethylene polymers; waste, parings and scraps, when their volume increased by 76% to 73K tons. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ethylene polymers; waste, parings and scraps surged to $57M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ethylene Polymers; Waste, Parings and Scrap in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1.1 | 1.2 | 2.5 | 9.3 | 103.7% |
Germany | 3.7 | 2.7 | 2.2 | 8.2 | 30.4% |
Belgium | 7.0 | 5.7 | 6.5 | 8.2 | 5.4% |
Netherlands | 1.9 | 2.2 | 3.9 | 7.4 | 57.3% |
United Kingdom | 2.5 | 1.0 | 2.0 | 6.0 | 33.9% |
Italy | 0.6 | 0.2 | 0.2 | 5.9 | 114.2% |
Spain | 1.1 | 1.1 | 2.4 | 3.3 | 44.2% |
Austria | 4.8 | 11.0 | N/A | N/A | 129.2% |
Mexico | 2.6 | 2.2 | N/A | N/A | -15.4% |
Others | 2.8 | 1.6 | 6.0 | 8.9 | 47.0% |
Total | 28.2 | 28.9 | 25.7 | 57.4 | 26.7% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to France in 2022:
- Germany (25.5K tons)
- Belgium (12.6K tons)
- Netherlands (7.3K tons)
- United Kingdom (6.5K tons)
- Poland (5.8K tons)
- Italy (4.2K tons)
- Spain (3.5K tons)
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