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

Contents:

1. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Switzerland (CIF) - 2022
2. Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Switzerland (FOB) - 2023
3. Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Switzerland
4. Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Switzerland

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

In 2022, the average import price for polymers of propylene or of other olefins, in primary formses amounted to $2,249 per ton, growing by 4.6% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polymers of propylene or of other olefins, in primary formses increased by +40.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 34%. The import price peaked at $2,765 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,499 per ton), while the price for Slovakia ($1,446 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+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 Switzerland (FOB) - 2023

In December 2023, the average export price for polymers of propylene or of other olefins, in primary formses amounted to $1,982 per ton, with a decrease of -8.8% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 220% month-to-month. As a result, the export price attained the peak level of $6,471 per ton. From May 2023 to December 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Belgium ($10,549 per ton), while the average price for exports to Serbia ($872 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+19.3%), 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 Switzerland

In 2022, imports of polymers of propylene or of other olefins, in primary formses into Switzerland shrank to 133K tons, with a decrease of -7.8% on 2021 figures. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 6.9%. As a result, imports attained the peak of 144K tons, and then fell in the following year.

In value terms, imports of polymers of propylene or of other olefins, in primary formses reduced to $298M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $309M, and then dropped slightly in the following year.

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

1. Germany (33.2K tons)
2. Belgium (21.8K tons)
3. Netherlands (15.9K tons)
4. Italy (14.2K tons)
5. Austria (11.5K tons)
6. France (7.2K tons)
7. Czech Republic (4.1K tons)
8. Slovakia (4.0K tons)
9. United Kingdom (3.5K tons)
10. United States (3.3K tons)
11. Finland (2.1K tons)

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

In 2022, overseas shipments of polymers of propylene or of other olefins, in primary formses decreased by -11.2% to 13K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of 14K tons, and then dropped in the following year.

In value terms, exports of polymers of propylene or of other olefins, in primary formses totaled $26M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Italy (7.8K tons)
2. Germany (2.1K tons)
3. France (0.7K tons)
4. Austria (0.5K tons)
5. China (0.5K tons)
6. Belgium (0.2K tons)

Source: IndexBox Market Intelligence Platform