Price for Ethylene Polymers; Waste, Parings and Scrap in Ireland - 2023
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Ireland (FOB) - 2023
- Price for Ethylene Polymers; Waste, Parings and Scrap in Ireland (CIF) - 2023
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Ireland
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Ireland
Price for Ethylene Polymers; Waste, Parings and Scrap in Ireland (FOB) - 2023
The average export price for ethylene polymers; waste, parings and scraps stood at $223 per ton in November 2023, therefore, remained relatively stable against the previous month. Over the period under review, the export price recorded a perceptible downturn. The pace of growth was the most pronounced in April 2023 when the average export price increased by 23% m-o-m. The export price peaked at $472 per ton in December 2022; however, from January 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 Netherlands ($449 per ton), while the average price for exports to Turkey ($127 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 (-4.7%), while the prices for the other major destinations experienced a decline.
Price for Ethylene Polymers; Waste, Parings and Scrap in Ireland (CIF) - 2023
In November 2023, the average import price for ethylene polymers; waste, parings and scraps amounted to $429 per ton, with an increase of 7.1% against the previous month. Over the period under review, the import price, however, showed a deep contraction. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 24% m-o-m. As a result, import price reached the peak level of $1,355 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,527 per ton), while the price for the UK ($391 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 (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ethylene Polymers; Waste, Parings and Scrap in Ireland
In 2022, the amount of ethylene polymers; waste, parings and scraps exported from Ireland surged to 32K tons, increasing by 17% on the year before. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 29% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of ethylene polymers; waste, parings and scraps declined to $10M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, the exports reached the peak of $11M, and then declined in the following year.
| Export of Ethylene Polymers; Waste, Parings and Scrap in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.5 | 4.4 | 5.1 | 7.2 | 27.2% |
| Netherlands | 1.2 | 0.5 | 0.5 | 1.1 | -2.9% |
| Germany | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Turkey | 0.2 | 1.0 | 1.5 | 0.6 | 44.2% |
| Malaysia | 0.1 | 0.2 | N/A | 0.5 | 71.0% |
| Spain | N/A | N/A | N/A | 0.2 | 0% |
| Belgium | 1.2 | 0.1 | 0.1 | N/A | -71.1% |
| Others | 0.7 | 0.9 | 4.2 | 0.2 | -34.1% |
| Total | 7.0 | 7.1 | 11.5 | 10.4 | 14.1% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Ireland in 2022:
- United Kingdom (24.1K tons)
- Turkey (3.0K tons)
- Netherlands (1.6K tons)
- Malaysia (1.0K tons)
- Germany (1.0K tons)
- Spain (0.9K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in Ireland
In 2022, the amount of ethylene polymers; waste, parings and scraps imported into Ireland surged to 9.1K tons, jumping by 92% against the previous year's figure. Over the period under review, imports posted a buoyant increase. 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 surged to $9.5M in 2022. In general, imports posted 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 Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.9 | 2.9 | 3.7 | 6.0 | 15.4% |
| Spain | N/A | N/A | 0.4 | 1.2 | 200.0% |
| Greece | N/A | N/A | N/A | 0.7 | 0% |
| Kenya | 0.5 | 0.2 | 0.4 | 0.7 | 11.9% |
| Australia | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.4 | 0.2 | 0.4 | 0.7 | 20.5% |
| Total | 4.8 | 3.3 | 4.9 | 9.5 | 25.6% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Ireland in 2022:
- United Kingdom (6.2K tons)
- Kenya (1.1K tons)
- Greece (0.8K tons)
- Australia (0.3K tons)
- Spain (0.3K tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
