Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka - 2022
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka (CIF) - 2022
In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,271 per ton, surging by 50% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +69.7% against 2019 indices. As a result, import price attained 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 ($4,502 per ton), while the price for India ($2,032 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.7%), 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 Sri Lanka (FOB) - 2022
The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,259 per ton in 2021, flattening at the previous year. In general, the export price posted a prominent expansion. 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 reached the peak figure at $3,660 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2015 to 2021, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka
In 2022, supplies from abroad of propylene, other olefin polymers; polyisobutylene in primary formses decreased by -36.5% to 504 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 185%.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses dropped modestly to $1.1M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 207% against the previous year.
| Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 118 | 406 | 447 | 654 | 77.0% |
| India | 63.0 | 71.8 | 202 | 431 | 89.8% |
| China | 1.0 | 22.3 | 40.5 | 56.4 | 283.5% |
| South Korea | 6.3 | 68.0 | 57.6 | N/A | 202.4% |
| Thailand | 1.2 | 3.7 | 3.1 | N/A | 60.7% |
| Others | 11.0 | 46.0 | 450 | 2.7 | -37.4% |
| Total | 201 | 618 | 1,201 | 1,144 | 78.5% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Sri Lanka in 2022:
- France (278.4 tons)
- India (212.2 tons)
- China (12.5 tons)
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka
Exports of propylene, other olefin polymers; polyisobutylene in primary formses from Sri Lanka was estimated at 18 tons in 2021, remaining relatively unchanged against the previous year. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the near future.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses amounted to $59K in 2021. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see gradual growth in years to come.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | N/A | N/A | 58.7 | 0% | |
| Maldives | 18.3 | N/A | N/A | 0% | |
| Others | N/A | N/A | 0.1 | 0% | |
| Total | 18.3 | N/A | 58.8 | 79.3% | |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Sri Lanka in 2022:
- China (18.0 tons)
77
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Sri Lanka.
449
This report provides an in-depth analysis of the market for polypropylene in primary forms in Sri Lanka.
52
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
962
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
77
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Sri Lanka.
449
This report provides an in-depth analysis of the market for polypropylene in primary forms in Sri Lanka.
52
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
962
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
151
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
693
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
151
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
314
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
693
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
