Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Estonia - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Estonia (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Estonia

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Estonia (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $10,161 per ton, picking up by 28% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 propylene, other olefin polymers; polyisobutylene in primary formses increased by +54.9% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 53%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Germany ($12,659 per ton), while the price for the Netherlands ($1,204 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Estonia

For the fourth consecutive year, Estonia recorded growth in purchases abroad of propylene, other olefin polymers; polyisobutylene in primary formses, which increased by 101% to 8.7 tons in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 114%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses skyrocketed to $89K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.30.769.61423.2%
Finland8.216.531.215.623.9%
LatviaN/A1.11.61.516.8%
NetherlandsN/AN/AN/A1.30%
Others0.20.21.00.751.8%
Total8.418.034.588.8119.5%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Estonia in 2022:

  1. Germany (5.5 tons)
  2. Finland (2.1 tons)
  3. Netherlands (1.1 tons)

Source: IndexBox Market Intelligence Platform

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