Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Belarus - 2022

Contents:

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

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

The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,567 per ton in March 2022, dropping by -14.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 24% m-o-m. Over the period under review, average import prices hit record highs at $2,220 per ton in May 2021; however, from June 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,536 per ton), while the price for Russia ($1,513 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,716 per ton in March 2022, dropping by -30.7% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 130% month-to-month. The export price peaked at $2,684 per ton in December 2021; however, from January 2022 to March 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In March 2022, the country with the highest price was Russia ($1,816 per ton), while the average price for exports to Poland totaled $1,232 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Belarus

In 2022, supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses was finally on the rise to reach 36K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses soared to $84M in 2022. Overall, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.61.61.384.1419.5%
Russia37.525.748.9N/A14.2%
Germany2.31.00.9N/A-37.4%
Others10.15.98.0N/A-11.0%
Total50.534.259.184.118.5%

Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Belarus in 2022:

  1. United Arab Emirates (36.2K tons)

Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Belarus

Exports of propylene, other olefin polymers; propylene copolymers in primary formses from Belarus shrank markedly to 369 tons in 2022, which is down by -49% on the year before. Over the period under review, exports continue to indicate a dramatic decline. The smallest decline of -4.8% was in 2021.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses fell significantly to $868K in 2022. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 45%.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.70.91.20.9-30.7%
Others0.1N/A0.1N/A0.0%
Total2.80.91.30.9-31.5%

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

  1. Russia (369.4 tons)

Source: IndexBox Market Intelligence Platform

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