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

Contents:

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

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

In October 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $2,369 per ton, falling by -1.8% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 15% month-to-month. Over the period under review, average import prices attained the peak figure at $2,477 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,721 per ton), while the price for Latvia ($93.0 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 (+2.7%), 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 Ireland (FOB) - 2023

In October 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,362 per ton, increasing by 9.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average export price increased by 46% against the previous month. The export price peaked at $2,204 per ton in August 2023; however, from September 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($3,745 per ton), while the average price for exports to Belgium ($718 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 UK (+5.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 48K tons of polymers of propylene or of other olefins, in primary formses were imported into Ireland; increasing by 13% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of polymers of propylene or of other olefins, in primary formses rose significantly to $124M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +66.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47%. Over the period under review, imports of reached the peak figure 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 Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States21.115.032.033.817.0%
Belgium8.46.923.728.750.6%
United Kingdom24.921.019.018.1-10.1%
Germany8.78.09.811.911.0%
Netherlands6.69.18.711.420.0%
France8.17.48.38.20.4%
Poland0.30.40.52.8110.5%
South Africa3.41.61.61.2-29.3%
Others5.75.46.38.112.4%
Total87.274.811012412.5%

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

  1. United States (11.6K tons)
  2. United Kingdom (10.5K tons)
  3. Belgium (7.2K tons)
  4. Germany (4.4K tons)
  5. Netherlands (4.3K tons)
  6. France (3.8K tons)
  7. Poland (1.4K tons)
  8. South Africa (0.8K tons)

Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Ireland

Exports of polymers of propylene or of other olefins, in primary formses from Ireland skyrocketed to 16K tons in 2022, increasing by 81% against the previous year's figure. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polymers of propylene or of other olefins, in primary formses soared to $38M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.78.312.011.614.6%
NorwayN/AN/A4.96.736.7%
FranceN/AN/A1.24.3258.3%
Hungary3.02.11.44.312.7%
Poland0.81.41.22.137.9%
Germany0.70.71.12.144.2%
ItalyN/AN/AN/A1.70%
Belgium0.10.7N/A1.5146.6%
Spain0.60.80.70.914.5%
Vietnam0.30.2N/AN/A-33.3%
Others1.43.12.43.231.7%
Total14.717.424.938.537.8%

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

  1. United Kingdom (4.7K tons)
  2. Belgium (2.2K tons)
  3. Norway (1.8K tons)
  4. Germany (1.5K tons)
  5. France (1.4K tons)
  6. Italy (1.1K tons)
  7. Poland (0.8K tons)
  8. Hungary (0.5K tons)
  9. Spain (0.4K tons)

Source: IndexBox Market Intelligence Platform

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