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

Contents:

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

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

In April 2022, the average export price for liquefied ethylene, propylene, butylene and butadienes amounted to $887 per ton, standing approximately at the previous month. Over the period under review, the export price recorded a moderate increase. The pace of growth was the most pronounced in November 2021 when the average export price increased by 13% m-o-m. As a result, the export price attained the peak level of $889 per ton. From December 2021 to April 2022, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From May 2021 to April 2022, the rate of growth in terms of prices for Argentina amounted to +3.7% per month.

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

The average import price for liquefied ethylene, propylene, butylene and butadienes stood at $3,701 per ton in 2022, waning by -22.1% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 99%. As a result, import price attained the peak level of $23,857 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($10,883 per ton), while the price for the United States stood at $693 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-30.9%).

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

In 2022, overseas shipments of liquefied ethylene, propylene, butylene and butadienes decreased by -15.9% to 620 tons, falling for the second year in a row after two years of growth. In general, exports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 6.5%. As a result, the exports attained the peak of 855 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Argentina (613.1 tons)

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

For the fourth year in a row, Uruguay recorded growth in purchases abroad of liquefied ethylene, propylene, butylene and butadienes, which increased by 28% to 962 kg in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 85% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of liquefied ethylene, propylene, butylene and butadienes contracted modestly to $3.6K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. As a result, imports reached the peak of $3.6K; afterwards, it flattened through to 2022.

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

1. United States (2.4 tons)
2. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform