Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria - 2022
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria (CIF) - 2022
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria (CIF) - 2022
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,285 per ton in 2022, which is down by -18.8% against the previous year. Overall, the import price recorded a slight curtailment. The growth pace was the most rapid in 2021 an increase of 54% against the previous year. The import price peaked at $1,685 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,521 per ton), while the price for the United States ($857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria (FOB) - 2022
The average export price for polymers of propylene or of other olefins, in primary formses stood at $591 per ton in 2022, declining by -41.9% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 an increase of 77%. Over the period under review, the average export prices reached the maximum at $2,251 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,031 per ton), while the average price for exports to Mauritania ($397 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria
Imports of polymers of propylene or of other olefins, in primary formses into Algeria amounted to 139K tons in 2022, growing by 7.3% on 2021. Over the period under review, imports continue to indicate mild growth. The most prominent rate of growth was recorded in 2020 with an increase of 9.6% against the previous year. As a result, imports reached the peak of 148K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of polymers of propylene or of other olefins, in primary formses contracted to $179M in 2022. The total import value increased at an average annual rate of +3.3% 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 35%. As a result, imports attained the peak of $205M, and then declined in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 121 | 112 | 165 | 142 | 5.5% |
| United Arab Emirates | 1.7 | 2.6 | 4.3 | 5.5 | 47.9% |
| France | 4.4 | 6.0 | 5.1 | 4.9 | 3.7% |
| Spain | 9.6 | 8.9 | 7.1 | 4.8 | -20.6% |
| Oman | 3.1 | 2.8 | 4.0 | 3.6 | 5.1% |
| South Korea | 3.1 | 2.9 | 5.4 | 3.6 | 5.1% |
| Italy | 8.3 | 7.6 | 4.6 | 3.3 | -26.5% |
| Others | 11.8 | 9.9 | 9.8 | 11.6 | -0.6% |
| Total | 163 | 153 | 205 | 179 | 3.2% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Algeria in 2022:
- Saudi Arabia (111.1K tons)
- United Arab Emirates (4.3K tons)
- South Korea (3.6K tons)
- Spain (3.5K tons)
- France (3.2K tons)
- Oman (2.8K tons)
- Italy (2.6K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria
For the fourth consecutive year, Algeria recorded growth in shipments abroad of polymers of propylene or of other olefins, in primary formses, which increased by 26% to 435 tons in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 107% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of polymers of propylene or of other olefins, in primary formses fell sharply to $257K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 115% against the previous year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 255 | 0% |
| Mauritania | 64.4 | N/A | N/A | 1.0 | -75.1% |
| China | 1.1 | 44.7 | 127 | 0.3 | -35.2% |
| Italy | 2.0 | 51.3 | 97.2 | 0.2 | -53.6% |
| Tunisia | 2.6 | 67.0 | 127 | 0.2 | -57.5% |
| Others | 5.7 | N/A | N/A | N/A | 0% |
| Total | 75.8 | 163 | 351 | 257 | 50.2% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Algeria in 2022:
- Spain (431.6 tons)
- Mauritania (2.6 tons)
- Tunisia (0.3 tons)
- Italy (0.2 tons)
- China (0.2 tons)
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Algeria.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Algeria.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Algeria.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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