Price for Ethylene Polymers; Waste, Parings and Scrap in Switzerland - 2024

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Switzerland (FOB) - 2024
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Switzerland (CIF) - 2024
3. Exports of Ethylene Polymers; Waste, Parings and Scrap in Switzerland
4. Imports of Ethylene Polymers; Waste, Parings and Scrap in Switzerland

Price for Ethylene Polymers; Waste, Parings and Scrap in Switzerland (FOB) - 2024

In January 2024, the average export price for ethylene polymers; waste, parings and scraps amounted to $158 per ton, dropping by -8.6% against the previous month. Overall, the export price saw a noticeable decrease. The pace of growth was the most pronounced in March 2023 an increase of 20% against the previous month. As a result, the export price reached the peak level of $263 per ton. From April 2023 to January 2024, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($245 per ton), while the average price for exports to Poland ($39.0 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-1.4%), while the prices for the other major destinations experienced a decline.

Price for Ethylene Polymers; Waste, Parings and Scrap in Switzerland (CIF) - 2024

The average import price for ethylene polymers; waste, parings and scraps stood at $357 per ton in January 2024, with an increase of 21% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 118% m-o-m. As a result, import price attained the peak level of $823 per ton. From March 2023 to January 2024, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Poland ($527 per ton), while the price for Austria ($54.0 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.8%), while the prices for the other major suppliers experienced a decline.

Exports of Ethylene Polymers; Waste, Parings and Scrap in Switzerland

Exports of ethylene polymers; waste, parings and scraps from Switzerland rose markedly to 28K tons in 2022, growing by 14% against the previous year's figure. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +46.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of ethylene polymers; waste, parings and scraps soared to $8.8M in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 92%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Switzerland in 2022:

1. Germany (13.4K tons)
2. Netherlands (3.3K tons)
3. Belgium (3.2K tons)
4. Austria (2.8K tons)
5. France (2.1K tons)
6. Poland (1.3K tons)
7. Czech Republic (0.7K tons)
8. Italy (0.4K tons)
9. Bulgaria (0.4K tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Switzerland

In 2022, overseas purchases of ethylene polymers; waste, parings and scraps decreased by -0.5% to 13K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 14%.

In value terms, imports of ethylene polymers; waste, parings and scraps totaled $5M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Switzerland in 2022:

1. Germany (5.0K tons)
2. Austria (4.8K tons)
3. France (2.6K tons)
4. Belgium (0.5K tons)

Source: IndexBox Market Intelligence Platform