Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Austria - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Austria (FOB) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Austria (CIF) - 2023
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Austria
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Austria
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Austria (FOB) - 2023
In October 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,972 per ton, rising by 22% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Mexico ($2,571 per ton), while the average price for exports to Bosnia and Herzegovina ($1,222 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Austria (CIF) - 2023
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,457 per ton in October 2023, reducing by -2.8% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 9.3% month-to-month. As a result, import price attained the peak level of $1,849 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($1,743 per ton), while the price for Vietnam ($1,124 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Austria
In 2022, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by -25.8% to 430K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses dropped significantly to $792M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +25.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of $1B, and then dropped dramatically in the following year.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 148 | 140 | 230 | 190 | 8.7% |
| Italy | 128 | 121 | 198 | 152 | 5.9% |
| Poland | 35.9 | 36.3 | 61.9 | 57.3 | 16.9% |
| France | 28.6 | 25.4 | 43.1 | 44.0 | 15.4% |
| Belgium | 37.0 | 36.1 | 47.8 | 43.1 | 5.2% |
| Czech Republic | 15.3 | 14.5 | 28.1 | 31.7 | 27.5% |
| Spain | 18.4 | 19.5 | 27.9 | 30.0 | 17.7% |
| Hungary | 26.1 | 23.7 | 31.2 | 24.9 | -1.6% |
| Turkey | 25.7 | 62.3 | 77.8 | 24.3 | -1.8% |
| Romania | 12.6 | 8.3 | 15.5 | 17.9 | 12.4% |
| Netherlands | 10.7 | 12.4 | 21.9 | 17.7 | 18.3% |
| United Kingdom | 12.4 | 11.8 | 46.9 | 16.3 | 9.5% |
| Switzerland | 9.9 | 21.0 | 33.5 | 13.4 | 10.6% |
| Others | 122 | 124 | 178 | 130 | 2.1% |
| Total | 631 | 656 | 1,042 | 792 | 7.9% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Austria in 2022:
- Germany (103.0K tons)
- Italy (90.1K tons)
- Poland (30.3K tons)
- Belgium (25.1K tons)
- France (23.6K tons)
- Czech Republic (18.4K tons)
- Spain (15.5K tons)
- Hungary (13.8K tons)
- Turkey (11.6K tons)
- Netherlands (10.5K tons)
- Romania (8.4K tons)
- United Kingdom (7.9K tons)
- Switzerland (6.7K tons)
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Austria
In 2022, after three years of growth, there was significant decline in overseas purchases of polymers of propylene or of other olefins, in primary formses, when their volume decreased by -19% to 278K tons. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of 343K tons, and then declined notably in the following year.
In value terms, imports of polymers of propylene or of other olefins, in primary formses contracted notably to $525M in 2022. Over the period under review, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 84%. As a result, imports reached the peak of $656M, and then reduced rapidly in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 119 | 167 | 294 | 181 | 15.0% |
| Belgium | 89.6 | 84.9 | 126 | 125 | 11.7% |
| Italy | 19.3 | 19.4 | 43.5 | 39.0 | 26.4% |
| Netherlands | 17.7 | 15.6 | 33.0 | 36.7 | 27.5% |
| Slovakia | 17.5 | 16.2 | 35.9 | 27.1 | 15.7% |
| Czech Republic | 12.3 | 10.5 | 27.7 | 21.9 | 21.2% |
| Finland | 8.5 | 8.9 | 20.3 | 18.1 | 28.7% |
| Hungary | 10.0 | 8.5 | 14.0 | 15.2 | 15.0% |
| France | 18.0 | 9.2 | 24.7 | 14.0 | -8.0% |
| Others | 43.8 | 15.8 | 37.3 | 46.6 | 2.1% |
| Total | 356 | 357 | 656 | 525 | 13.8% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Austria in 2022:
- Germany (96.2K tons)
- Belgium (67.3K tons)
- Italy (21.7K tons)
- Slovakia (16.2K tons)
- Netherlands (13.5K tons)
- Czech Republic (12.9K tons)
- Hungary (8.9K tons)
- Finland (8.5K tons)
- France (6.4K tons)
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