Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia - 2023

Contents:

  1. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia (CIF) - 2022
  2. Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia (FOB) - 2022
  3. Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia
  4. Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia (CIF) - 2022

The average import price for liquefied ethylene, propylene, butylene and butadienes stood at $30,922 per ton in 2022, increasing by 17% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2019 an increase of 60% against the previous year. As a result, import price attained the peak level of $48,670 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($85,027 per ton), while the price for Finland ($60,650 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+45.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia (FOB) - 2022

The average export price for liquefied ethylene, propylene, butylene and butadienes stood at $3,031 per ton in 2022, declining by -47.5% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices attained the maximum at $5,898 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($90,915 per ton), while the average price for exports to Lithuania amounted to $26,170 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia

In 2022, the amount of liquefied ethylene, propylene, butylene and butadienes imported into Estonia expanded markedly to 167 kg, surging by 14% against 2021. The total import volume increased at an average annual rate of +14.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes soared to $5.2K in 2022. Over the period under review, imports, however, showed a slight decline.

Import of Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/A3.43.14.920.0%
LithuaniaN/AN/AN/A0.20%
Germany5.4N/A0.50.1-73.5%
Others0.10.20.3N/A73.2%
Total5.53.73.95.2-1.9%

Top Suppliers of Liquefied Ethylene, Propylene, Butylene and Butadiene to Estonia in 2022:

  1. Finland (80.0 kg)
  2. Lithuania (2.0 kg)
  3. Germany (2.0 kg)

Exports of Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia

In 2022, exports of liquefied ethylene, propylene, butylene and butadienes from Estonia skyrocketed to 580 kg, jumping by 97% compared with the previous year. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of liquefied ethylene, propylene, butylene and butadienes stood at $1.8K in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Liquefied Ethylene, Propylene, Butylene and Butadiene in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia101N/A12.018221.7%
Lithuania72.01528.026.0-28.8%
Others1,4671,5171,6781,5501.9%
Total1,6401,6691,6981,7582.3%

Top Export Markets for Liquefied Ethylene, Propylene, Butylene and Butadiene from Estonia in 2022:

  1. Latvia (2.0 kg)
  2. Lithuania (1.0 kg)

Source: IndexBox Market Intelligence Platform

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