Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria (FOB) - 2023
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria (CIF) - 2023
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria (FOB) - 2023
In October 2023, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,930 per ton, with an increase of 15% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Mexico ($2,632 per ton), while the average price for exports to Bosnia and Herzegovina ($1,405 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria (CIF) - 2023
In October 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,883 per ton, increasing by 21% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.6%. 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 October 2023, the country with the highest price was Switzerland ($3,207 per ton), while the price for Vietnam totaled $1,215 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria
In 2022, shipments abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -20.5% to 237K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2020 with an increase of 15%. As a result, the exports reached the peak of 306K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses reduced remarkably to $451M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.6% 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 +22.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. As a result, the exports attained the peak of $555M, and then fell significantly in the following year.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 77.8 | 79.2 | 131 | 96.2 | 7.3% |
| Germany | 86.5 | 82.4 | 123 | 94.7 | 3.1% |
| Poland | 18.3 | 18.2 | 31.4 | 29.1 | 16.7% |
| France | 19.0 | 16.2 | 26.2 | 27.1 | 12.6% |
| Spain | 14.3 | 14.6 | 21.1 | 24.9 | 20.3% |
| Belgium | 22.3 | 18.2 | 20.5 | 24.3 | 2.9% |
| Czech Republic | 6.9 | 7.5 | 16.6 | 17.1 | 35.3% |
| Hungary | 14.9 | 13.3 | 20.8 | 14.1 | -1.8% |
| Romania | 9.2 | 5.1 | 10.2 | 12.0 | 9.3% |
| Denmark | 2.5 | 8.0 | 10.8 | 11.3 | 65.3% |
| Turkey | 12.3 | 19.4 | 22.5 | 11.2 | -3.1% |
| United Kingdom | 9.2 | 8.6 | 13.0 | 9.5 | 1.1% |
| Netherlands | 5.5 | 7.7 | 11.4 | 8.4 | 15.2% |
| Others | 83.8 | 71.0 | 96.6 | 70.6 | -5.6% |
| Total | 383 | 369 | 555 | 451 | 5.6% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Austria in 2022:
- Italy (53.2K tons)
- Germany (51.7K tons)
- Poland (14.9K tons)
- Belgium (14.9K tons)
- France (13.8K tons)
- Spain (12.8K tons)
- Czech Republic (8.7K tons)
- Hungary (7.2K tons)
- Denmark (6.0K tons)
- Turkey (5.6K tons)
- Netherlands (5.3K tons)
- Romania (5.1K tons)
- United Kingdom (4.7K tons)
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria
In 2022, supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -19.2% to 78K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 31%.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses dropped sharply to $150M in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. As a result, imports attained the peak of $186M, and then fell notably in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.3 | 44.7 | 79.0 | 55.6 | 39.9% |
| Belgium | 38.5 | 33.5 | 58.0 | 47.3 | 7.1% |
| Finland | 5.2 | 4.7 | 9.5 | 10.2 | 25.2% |
| Netherlands | 6.8 | 3.8 | 9.9 | 9.1 | 10.2% |
| Italy | 2.5 | 2.9 | 4.6 | 9.1 | 53.8% |
| France | 5.9 | 2.6 | 11.8 | 4.0 | -12.2% |
| Hungary | 3.3 | 3.1 | 5.7 | 3.8 | 4.8% |
| Poland | N/A | 0.2 | 2.2 | 3.6 | 324.3% |
| Slovenia | N/A | 0.1 | 0.5 | 2.6 | 409.9% |
| Others | 7.3 | 2.9 | 5.2 | 4.9 | -12.4% |
| Total | 89.7 | 98.4 | 186 | 150 | 18.7% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Austria in 2022:
- Germany (28.6K tons)
- Belgium (25.3K tons)
- Italy (5.1K tons)
- Finland (5.1K tons)
- Netherlands (3.5K tons)
- France (2.2K tons)
- Poland (2.1K tons)
- Slovenia (1.9K tons)
- Hungary (1.8K tons)
113
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Austria.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Austria.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Austria.
416
This report provides an in-depth analysis of the market for polypropylene in primary forms in Austria.
56
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
327
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.
702
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
