Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand (CIF) - 2022
The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $2,610 per ton in 2022, rising by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($3,997 per ton), while the price for South Korea ($2,443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $1,850 per ton, dropping by -6.6% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 20%. Over the period under review, the average export prices reached the peak figure at $5,385 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -9.2% per year.
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand
In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses imported into New Zealand declined remarkably to 222 tons, waning by -24.4% compared with the year before. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 139%. As a result, imports reached the peak of 294 tons, and then fell remarkably in the following year.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses declined to $579K in 2022. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 150%. As a result, imports attained the peak of $628K, and then declined in the following year.
| Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 388 | 110 | 218 | 487 | 7.9% |
| South Korea | 65.8 | 12.2 | 86.9 | 73.3 | 3.7% |
| China | 10.7 | 2.9 | 5.4 | 15.5 | 13.1% |
| United States | 11.9 | 19.2 | 37.4 | 0.1 | -79.7% |
| Malaysia | 51.8 | 39.0 | 35.5 | N/A | -17.2% |
| Netherlands | 72.8 | 60.4 | 60.6 | N/A | -8.8% |
| Others | 22.4 | 7.0 | 184 | 3.7 | -45.1% |
| Total | 624 | 251 | 628 | 579 | -2.5% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to New Zealand in 2022:
- France (187.2 tons)
- South Korea (30.0 tons)
- China (3.9 tons)
- United States (0.1 tons)
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand
In 2022, approx. 9.8 tons of propylene, other olefin polymers; polyisobutylene in primary formses were exported from New Zealand; picking up by 84% against the previous year. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 272% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $18K in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 252% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.3 | 3.0 | 10.4 | 17.9 | 75.7% |
| French Polynesia | 2.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 5.9 | 3.0 | 10.5 | 18.0 | 45.0% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from New Zealand in 2022:
- Australia (9.7 tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in New Zealand.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in New Zealand.
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