Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala (CIF) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala (FOB) - 2023
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala (CIF) - 2023
In October 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,074 per ton, approximately reflecting the previous month. In general, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 6.9% month-to-month. The import price peaked at $1,414 per ton in October 2022; however, from November 2022 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 Mexico ($3,125 per ton), while the price for Ecuador ($784 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 Mexico (+6.5%), while the prices for the other major suppliers experienced a decline.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala (FOB) - 2023
In October 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $913 per ton, surging by 148% against the previous month. Overall, the export price, however, recorded a pronounced shrinkage. The export price peaked at $1,402 per ton in October 2022; however, from November 2022 to October 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From October 2022 to October 2023, the rate of growth in terms of prices for Nicaragua amounted to +0.9% per month.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala
For the fourth year in a row, Guatemala recorded growth in purchases abroad of polymers of propylene or of other olefins, in primary formses, which increased by 5.8% to 122K tons in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume 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 increased by +48.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of polymers of propylene or of other olefins, in primary formses amounted to $197M in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 1.0 | 28.5 | 72.2 | 331.3% |
| Saudi Arabia | 22.4 | 19.8 | 53.6 | 43.8 | 25.0% |
| United States | 36.0 | 32.9 | 13.7 | 21.2 | -16.2% |
| South Korea | 4.4 | 4.0 | 13.6 | 16.7 | 56.0% |
| Colombia | 9.1 | 9.4 | 12.5 | 8.3 | -3.0% |
| Taiwan (Chinese) | 2.3 | 1.1 | 6.9 | 6.5 | 41.4% |
| Vietnam | 4.2 | 3.5 | 16.1 | 6.0 | 12.6% |
| Mexico | 5.2 | 11.0 | 7.4 | 5.4 | 1.3% |
| Ecuador | 2.8 | 2.3 | 3.9 | 2.9 | 1.2% |
| Honduras | 1.6 | 1.4 | 3.0 | 2.8 | 20.5% |
| Brazil | 5.2 | 1.1 | 1.8 | 2.4 | -22.7% |
| Others | 5.1 | 13.4 | 23.5 | 9.1 | 21.3% |
| Total | 99.2 | 101 | 185 | 197 | 25.7% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Guatemala in 2022:
- China (43.8K tons)
- Saudi Arabia (26.5K tons)
- United States (15.1K tons)
- South Korea (10.1K tons)
- Colombia (4.2K tons)
- Mexico (3.6K tons)
- Taiwan (Chinese) (3.4K tons)
- Vietnam (3.4K tons)
- Honduras (2.6K tons)
- Ecuador (2.2K tons)
- Brazil (1.3K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala
In 2022, the amount of polymers of propylene or of other olefins, in primary formses exported from Guatemala surged to 13K tons, rising by 425% on the previous year's figure. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 432% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of polymers of propylene or of other olefins, in primary formses soared to $19M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 581% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 0.6 | 0.3 | 1.9 | 13.5 | 182.3% |
| Mexico | N/A | N/A | 0.4 | 3.9 | 875.0% |
| Honduras | 0.2 | N/A | 0.4 | 1.4 | 91.3% |
| Costa Rica | N/A | 0.1 | 0.4 | 0.7 | 164.6% |
| Others | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Total | 1.1 | 0.5 | 3.5 | 19.5 | 160.7% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Guatemala in 2022:
- El Salvador (8.8K tons)
- Mexico (2.3K tons)
- Honduras (1.0K tons)
- Costa Rica (0.4K tons)
131
This report provides an in-depth analysis of the market for polypropylene in primary forms in Guatemala.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Guatemala.
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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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This report provides an in-depth analysis of the market for polypropylene in primary forms in Guatemala.
83
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Guatemala.
971
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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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
