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

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Pakistan (CIF) - 2022
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Pakistan (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Pakistan
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Pakistan

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

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $1,746 per ton in 2022, which is down by -1.9% against the previous year. In general, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2015 when the average import price increased by 73%. Over the period under review, average import prices reached the maximum at $3,983 per ton in 2017; however, from 2018 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 Belgium ($2,527 per ton), while the price for the United Arab Emirates ($1,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-3.4%), while the prices for the other major suppliers experienced a decline.

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

In 2021, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $506 per ton, almost unchanged from the previous year. Overall, the export price showed a abrupt contraction. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the maximum at $1,262 per ton in 2019; however, from 2020 to 2021, 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 the United Arab Emirates.

From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

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

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses imported into Pakistan surged to 687 tons, increasing by 54% compared with the year before. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 207% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses skyrocketed to $1.2M in 2022. In general, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 189% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia23.64.22.7361148.2%
China21.63.023.8289137.4%
Belgium0.2N/A0.5151810.6%
France0.1N/A0.194.1879.9%
Malaysia11.03.17.672.387.3%
Germany0.1N/A0.163.2758.2%
United Arab Emirates0.70.43.062.1346.0%
South Korea1.11.41.852.1261.8%
Taiwan (Chinese)0.80.81.339.1265.6%
Kuwait786256729N/A-3.7%
Others14.25.022.315.63.2%
Total8592747921,19911.8%

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

  1. Saudi Arabia (230.2 tons)
  2. China (159.9 tons)
  3. France (60.5 tons)
  4. Belgium (59.9 tons)
  5. United Arab Emirates (41.4 tons)
  6. Malaysia (40.9 tons)
  7. Germany (40.4 tons)
  8. Taiwan (Chinese) (24.6 tons)
  9. South Korea (23.4 tons)

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Pakistan

In 2021, approx. 21 tons of propylene, other olefin polymers; polyisobutylene in primary formses were exported from Pakistan; standing approx. at the previous year's figure. Overall, exports faced a precipitous setback. The smallest decline of 99.9% was in 2020.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses amounted to $11K in 2021. Over the period under review, exports showed a significant contraction. The smallest decline of 99.9% was in 2020.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Pakistan (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab EmiratesN/AN/A10.80%
Zambia70.3N/AN/A0%
OthersN/AN/AN/A0%
Total70.3N/A10.8-60.8%

Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Pakistan in 2022:

  1. United Arab Emirates (21.4 tons)

Source: IndexBox Market Intelligence Platform

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