Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Peru - 2022

Contents:

  1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Peru (CIF) - 2022
  2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Peru (FOB) - 2022
  3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Peru
  4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Peru

Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Peru (CIF) - 2022

The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,664 per ton in 2022, almost unchanged from the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 57% against the previous year. The import price peaked at $1,701 per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($2,189 per ton) and the United States ($1,988 per ton), while the price for China ($1,544 per ton) and Saudi Arabia ($1,607 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.5%), 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 Peru (FOB) - 2022

The average export price for polymers of propylene or of other olefins, in primary formses stood at $2,209 per ton in 2022, picking up by 18% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polymers of propylene or of other olefins, in primary formses increased by +80.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 54% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($4,270 per ton), while the average price for exports to Bolivia ($973 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+13.0%), 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 Peru

In 2022, overseas purchases of polymers of propylene or of other olefins, in primary formses decreased by -3.8% to 283K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports attained the peak of 294K tons, and then shrank in the following year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses reduced slightly to $471M in 2022. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, imports attained the peak of $491M, and then reduced modestly in the following year.

Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.35.958.797.789.8%
South Korea21.826.652.079.153.7%
Saudi Arabia35.238.988.175.428.9%
Brazil94.955.460.665.6-11.6%
Colombia34.635.455.939.44.4%
Taiwan (Chinese)9.09.238.934.256.0%
Chile38.632.344.523.3-15.5%
United States24.427.18.516.5-12.2%
India13.912.39.11.5-52.4%
Others18.630.874.538.527.4%
Total30527449147115.6%

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

  1. China (63.3K tons)
  2. South Korea (47.9K tons)
  3. Saudi Arabia (46.9K tons)
  4. Brazil (39.0K tons)
  5. Colombia (22.7K tons)
  6. Taiwan (Chinese) (19.9K tons)
  7. Chile (14.0K tons)
  8. United States (8.3K tons)
  9. India (0.7K tons)

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

In 2022, exports of polymers of propylene or of other olefins, in primary formses from Peru dropped markedly to 5.4K tons, waning by -23.2% compared with the year before. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 1.6%.

In value terms, exports of polymers of propylene or of other olefins, in primary formses reduced to $12M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, the exports reached the peak of $13M, and then fell in the following year.

Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador5.93.84.74.7-7.3%
El Salvador0.81.51.63.665.1%
Colombia0.70.71.61.939.5%
Chile1.50.71.91.0-12.6%
BoliviaN/A0.30.90.2-18.4%
Brazil0.21.00.20.1-20.6%
Others0.40.42.30.614.5%
Total9.68.513.312.07.7%

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

  1. Ecuador (3379.6 tons)
  2. El Salvador (892.3 tons)
  3. Colombia (435.5 tons)
  4. Chile (360.2 tons)
  5. Bolivia (180.5 tons)
  6. Brazil (49.3 tons)

Source: IndexBox Market Intelligence Platform

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