Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan - 2023
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan (CIF) - 2023
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan (FOB) - 2023
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan (CIF) - 2023
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,131 per ton in June 2023, surging by 11% against the previous month. Over the period under review, the import price, however, recorded a noticeable slump. The pace of growth was the most pronounced in April 2023 an increase of 17% against the previous month. Over the period under review, average import prices reached the maximum at $1,473 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($1,225 per ton), while the price for Taiwan (Chinese) ($643 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan (FOB) - 2023
The average export price for polymers of propylene or of other olefins, in primary formses stood at $1,515 per ton in June 2023, jumping by 64% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 357% month-to-month. Over the period under review, the average export prices hit record highs at $4,103 per ton in September 2022; however, from October 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($4,415 per ton), while the average price for exports to Jordan ($828 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.4%), 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 Pakistan
In 2022, after three years of growth, there was decline in supplies from abroad of polymers of propylene or of other olefins, in primary formses, when their volume decreased by -0.2% to 632K tons. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 17%.
In value terms, imports of polymers of propylene or of other olefins, in primary formses shrank modestly to $895M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +43.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, imports reached the peak of $918M, and then reduced in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 287 | 255 | 328 | 339 | 5.7% |
| United Arab Emirates | 96.9 | 158 | 218 | 222 | 31.8% |
| Kuwait | 34.0 | 72.4 | 64.3 | 92.9 | 39.8% |
| China | 5.4 | 7.9 | 108 | 81.0 | 146.6% |
| Oman | 27.1 | 20.1 | 28.7 | 50.7 | 23.2% |
| South Korea | 38.8 | 33.5 | 41.1 | 37.5 | -1.1% |
| Thailand | 38.4 | 33.6 | 64.7 | 26.6 | -11.5% |
| India | 45.5 | N/A | N/A | N/A | 0% |
| Others | 51.6 | 46.3 | 65.6 | 45.7 | -4.0% |
| Total | 625 | 627 | 918 | 895 | 12.7% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Pakistan in 2022:
- Saudi Arabia (244.3K tons)
- United Arab Emirates (159.5K tons)
- Kuwait (68.1K tons)
- China (54.6K tons)
- Oman (36.5K tons)
- South Korea (24.9K tons)
- Thailand (17.5K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan
In 2022, after three years of growth, there was significant decline in overseas shipments of polymers of propylene or of other olefins, in primary formses, when their volume decreased by -21.3% to 1K tons. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 262% against the previous year.
In value terms, exports of polymers of propylene or of other olefins, in primary formses fell significantly to $1.3M in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 252%.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 34.0 | 312 | 817.6% |
| Spain | N/A | N/A | N/A | 168 | 0% |
| China | 147 | 491 | 707 | 160 | 2.9% |
| Australia | N/A | 5.9 | 4.3 | 146 | 397.5% |
| Turkey | N/A | N/A | 26.2 | 79.2 | 202.3% |
| Bangladesh | N/A | N/A | 200 | 70.9 | -64.5% |
| Poland | N/A | N/A | 60.9 | 67.8 | 11.3% |
| Sri Lanka | N/A | N/A | N/A | 50.2 | 0% |
| Canada | N/A | N/A | N/A | 46.7 | 0% |
| Jordan | N/A | N/A | 124 | 33.1 | -73.3% |
| Qatar | N/A | N/A | N/A | 31.5 | 0% |
| United Arab Emirates | 10.3 | 30.1 | 17.7 | 29.6 | 42.2% |
| Senegal | N/A | N/A | 26.5 | 27.5 | 3.8% |
| Others | 26.7 | 121 | 400 | 38.7 | 13.2% |
| Total | 184 | 648 | 1,600 | 1,260 | 89.9% |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Pakistan in 2022:
- Netherlands (265.9 tons)
- China (191.2 tons)
- Spain (122.4 tons)
- Turkey (73.9 tons)
- Poland (70.3 tons)
- Bangladesh (50.2 tons)
- Sri Lanka (49.9 tons)
- Qatar (42.6 tons)
- United Arab Emirates (41.9 tons)
- Australia (37.0 tons)
- Senegal (26.3 tons)
- Canada (26.2 tons)
- Jordan (24.4 tons)
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Pakistan.
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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 Pakistan.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Pakistan.
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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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