Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia (CIF) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia (FOB) - 2023
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia (CIF) - 2023
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,530 per ton in October 2023, declining by -4.4% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 15% m-o-m. The import price peaked at $1,746 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Sweden ($2,552 per ton), while the price for Germany ($830 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 the Netherlands (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia (FOB) - 2023
The average export price for polymers of propylene or of other olefins, in primary formses stood at $1,353 per ton in October 2023, waning by -14.1% against the previous month. Over the period under review, the export price recorded a slight decline. The pace of growth was the most pronounced in March 2023 when the average export price increased by 142% against the previous month. Over the period under review, the average export prices attained the maximum at $3,232 per ton in January 2023; however, from February 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($1,862 per ton), while the average price for exports to Finland ($892 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 Czech Republic (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia
In 2022, approx. 15K tons of polymers of propylene or of other olefins, in primary formses were imported into Estonia; waning by -7.6% on 2021. Overall, imports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.6% against the previous year.
In value terms, imports of polymers of propylene or of other olefins, in primary formses dropped to $29M in 2022. In general, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. As a result, imports reached the peak of $32M, and then declined in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 4.5 | 4.6 | 7.7 | 6.0 | 10.1% |
| Austria | 0.4 | 2.5 | 5.1 | 4.9 | 130.5% |
| Sweden | 3.6 | 2.5 | 3.4 | 4.2 | 5.3% |
| Israel | 1.9 | 1.7 | 3.5 | 4.1 | 29.2% |
| Belgium | 4.8 | 2.5 | 2.7 | 2.6 | -18.5% |
| Germany | 3.3 | 2.6 | 2.3 | 2.4 | -10.1% |
| Netherlands | 0.3 | 0.7 | 1.2 | 0.7 | 32.6% |
| Russia | 0.6 | 0.6 | 1.4 | 0.7 | 5.3% |
| Italy | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| Others | 5.8 | 2.4 | 3.8 | 3.1 | -18.8% |
| Total | 25.6 | 20.6 | 31.6 | 29.4 | 4.7% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Estonia in 2022:
- Lithuania (3.2K tons)
- Israel (2.6K tons)
- Austria (2.5K tons)
- Sweden (1.6K tons)
- Germany (1.3K tons)
- Belgium (1.2K tons)
- Netherlands (0.4K tons)
- Russia (0.3K tons)
- Italy (0.2K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia
In 2022, after two years of decline, there was growth in overseas shipments of polymers of propylene or of other olefins, in primary formses, when their volume increased by 0.6% to 2K tons. Over the period under review, exports, however, faced a abrupt slump.
In value terms, exports of polymers of propylene or of other olefins, in primary formses skyrocketed to $3.3M in 2022. Overall, exports, however, recorded a noticeable decrease.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 863 | 597 | 1,036 | 934 | 2.7% |
| Lithuania | 2,592 | 1,341 | 707 | 879 | -30.3% |
| Russia | 135 | 159 | 275 | 763 | 78.1% |
| Czech Republic | N/A | 363 | 195 | 258 | -15.7% |
| Netherlands | 94.7 | 80.3 | 109 | 96.2 | 0.5% |
| Finland | 46.3 | 93.1 | 28.6 | 83.9 | 21.9% |
| Sweden | 15.0 | N/A | 250 | 75.4 | 71.3% |
| Others | 81.7 | 67.8 | 201 | 226 | 40.4% |
| Total | 3,828 | 2,702 | 2,801 | 3,316 | -4.7% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Estonia in 2022:
- Poland (844.2 tons)
- Lithuania (406.4 tons)
- Russia (255.3 tons)
- Czech Republic (231.4 tons)
- Netherlands (81.0 tons)
- Sweden (53.7 tons)
- Finland (40.3 tons)
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Estonia.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Estonia.
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