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

Contents:

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

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

In October 2023, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $1,591 per ton, almost unchanged from the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 11% m-o-m. As a result, import price reached the peak level of $1,952 per ton. From May 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Sweden ($2,216 per ton), while the price for Vietnam ($1,022 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 Poland (+1.3%), 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 Lithuania (FOB) - 2023

In October 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,352 per ton, with an increase of 8.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 26% against the previous month. The export price peaked at $1,502 per ton in November 2022; however, from December 2022 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 Belarus ($1,947 per ton), while the average price for exports to the Netherlands ($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 Romania (+5.6%), 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 Lithuania

Imports of polymers of propylene or of other olefins, in primary formses into Lithuania dropped remarkably to 34K tons in 2022, which is down by -28.8% against the previous year's figure. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 47K tons, and then fell dramatically in the following year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses fell significantly to $67M in 2022. In general, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 101% against the previous year. As a result, imports attained the peak of $92M, and then contracted markedly in the following year.

Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.95.910.49.10.7%
Poland6.66.49.18.27.5%
Hungary5.63.75.06.97.2%
Russia5.19.126.76.47.9%
Netherlands2.72.85.85.627.5%
Belgium5.95.66.44.3-10.0%
Italy2.42.34.83.210.1%
Sweden1.53.24.03.228.7%
South Korea2.7N/A1.52.70.0%
Romania1.50.31.02.010.1%
Latvia0.30.10.81.881.7%
Israel0.3N/A1.31.571.0%
United Arab Emirates2.9N/A0.81.1-27.6%
Others7.66.314.510.812.4%
Total53.845.892.266.87.5%

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

  1. Poland (4.6K tons)
  2. Russia (4.0K tons)
  3. Hungary (3.9K tons)
  4. Germany (3.6K tons)
  5. Netherlands (2.4K tons)
  6. Belgium (2.1K tons)
  7. South Korea (1.5K tons)
  8. Romania (1.4K tons)
  9. Italy (1.3K tons)
  10. Sweden (1.1K tons)
  11. Israel (0.9K tons)
  12. Latvia (0.9K tons)
  13. United Arab Emirates (0.6K tons)

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

In 2022, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by -28.2% to 18K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of 25K tons, and then contracted sharply in the following year.

In value terms, exports of polymers of propylene or of other olefins, in primary formses contracted markedly to $32M in 2022. In general, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 104%. As a result, the exports attained the peak of $46M, and then shrank sharply in the following year.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.63.715.05.45.5%
Estonia4.73.85.84.80.7%
Belarus4.83.63.03.8-7.5%
Czech Republic0.92.25.93.455.7%
Latvia3.12.13.93.32.1%
Netherlands1.01.83.91.923.9%
Russia1.31.71.81.811.5%
Germany0.30.20.91.363.0%
Ukraine0.50.50.61.130.1%
Italy0.20.40.91.071.0%
France0.90.40.80.90.0%
Slovenia0.50.50.60.66.3%
Belgium0.10.20.30.458.7%
Others0.71.12.22.246.5%
Total23.722.445.731.810.3%

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

  1. Poland (3.4K tons)
  2. Estonia (2.5K tons)
  3. Czech Republic (2.0K tons)
  4. Latvia (1.7K tons)
  5. Netherlands (1.7K tons)
  6. Belarus (1.6K tons)
  7. Germany (0.9K tons)
  8. Russia (0.9K tons)
  9. Italy (0.8K tons)
  10. France (0.6K tons)
  11. Ukraine (0.5K tons)
  12. Slovenia (0.4K tons)
  13. Belgium (0.3K tons)

Source: IndexBox Market Intelligence Platform

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