Price for Polymers of Propylene or of Other Olefins, in Primary Forms in France - 2023

Contents:

  1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in France (FOB) - 2023
  2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in France (CIF) - 2023
  3. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in France
  4. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in France

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in France (FOB) - 2023

In October 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $2,424 per ton, jumping by 54% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was China ($3,067 per ton), while the average price for exports to the UK ($1,541 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 Switzerland (+2.9%), 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 France (CIF) - 2023

The average import price for polymers of propylene or of other olefins, in primary formses stood at $2,635 per ton in October 2023, with an increase of 50% against the previous month. In general, import price indicated measured growth from October 2022 to October 2023: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for polymers of propylene or of other olefins, in primary formses increased by +123.0% against August 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($5,066 per ton), while the price for Oman ($1,066 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 Singapore (+2.1%), 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 France

In 2022, approx. 869K tons of polymers of propylene or of other olefins, in primary formses were exported from France; declining by -25.5% on the year before. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 1.2M tons, and then reduced markedly in the following year.

In value terms, exports of polymers of propylene or of other olefins, in primary formses dropped markedly to $1.8B in 2022. Over the period under review, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports reached the peak of $2.2B, and then contracted rapidly in the following year.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3062674733726.7%
Italy255217359246-1.2%
Belgium2131613012272.1%
Spain1941512221960.3%
Czech Republic47.141.375.781.520.1%
Turkey47.157.563.478.818.7%
United States11.034.541.761.977.9%
Netherlands82.938.761.961.7-9.4%
Poland59.650.377.461.71.2%
United Kingdom94.063.279.454.7-16.5%
China30.924.659.345.513.8%
Portugal27.825.232.932.75.6%
Others2742443872932.3%
Total1,6431,3762,2331,8133.3%

Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from France in 2022:

  1. Germany (172.0K tons)
  2. Italy (136.5K tons)
  3. Belgium (127.5K tons)
  4. Spain (102.7K tons)
  5. Czech Republic (39.2K tons)
  6. Netherlands (32.4K tons)
  7. Turkey (30.1K tons)
  8. Poland (27.7K tons)
  9. United Kingdom (27.0K tons)
  10. United States (23.0K tons)
  11. China (17.0K tons)
  12. Portugal (15.5K tons)

Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in France

In 2022, the amount of polymers of propylene or of other olefins, in primary formses imported into France declined to 860K tons, with a decrease of -5.4% compared with 2021 figures. Over the period under review, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses rose to $1.8B in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Polymers of Propylene or of Other Olefins, in Primary Forms in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4313555255357.5%
Germany3132884013988.3%
Spain232132219227-0.7%
Netherlands1561311851866.0%
Italy74.055.110811114.5%
United States58.660.363.587.314.2%
Austria27.142.068.656.527.7%
United Kingdom57.041.852.851.1-3.6%
South Korea35.615.724.317.1-21.7%
Others11873.31161385.4%
Total1,5031,1941,7641,8086.4%

Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to France in 2022:

  1. Belgium (251.8K tons)
  2. Germany (201.5K tons)
  3. Spain (115.4K tons)
  4. Netherlands (81.9K tons)
  5. Italy (55.1K tons)
  6. Austria (32.9K tons)
  7. United States (29.8K tons)
  8. United Kingdom (23.1K tons)
  9. South Korea (7.8K tons)

Source: IndexBox Market Intelligence Platform

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