Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Chile - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Chile (CIF) - 2023
  2. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Chile (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Chile
  4. Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Chile

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Chile (CIF) - 2023

In November 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,207 per ton, surging by 5.5% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 12% against the previous month. Over the period under review, average import prices attained the peak figure at $1,540 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($2,652 per ton), while the price for Brazil ($1,121 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Colombia (+0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,596 per ton, falling by -15.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 74% against the previous year. As a result, the export price reached the peak level of $1,880 per ton, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($2,262 per ton), while the average price for exports to France ($805 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+10.3%), 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 Chile

Imports of propylene, other olefin polymers; propylene copolymers in primary formses into Chile declined dramatically to 39K tons in 2022, reducing by -29.2% compared with the year before. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports attained the peak of 55K tons, and then shrank remarkably in the following year.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses contracted rapidly to $68M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 163%. As a result, imports attained the peak of $104M, and then declined remarkably in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil48.724.664.742.0-4.8%
South Korea8.05.919.212.315.4%
Colombia7.15.113.18.45.8%
Others4.14.07.15.510.3%
Total67.939.610468.20.1%

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

  1. Brazil (25.1K tons)
  2. South Korea (7.2K tons)
  3. Colombia (4.6K tons)

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

In 2022, overseas shipments of propylene, other olefin polymers; propylene copolymers in primary formses were finally on the rise to reach 154 tons after two years of decline. Overall, exports, however, recorded a precipitous setback.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses rose rapidly to $246K in 2022. In general, exports, however, recorded a sharp downturn.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina22217695.9110-20.9%
Peru34133770.955.9-45.3%
Bolivia0.1N/AN/A43.2656.0%
France0.8N/AN/A8.5119.8%
China3.8N/AN/A8.128.7%
Italy24.34.53.87.6-32.1%
CanadaN/AN/AN/A6.60%
Colombia373150N/A0.5-89.0%
ThailandN/A8.9N/AN/A0%
Others15.332.555.25.6-28.5%
Total980708226246-36.9%

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

  1. Argentina (57.8 tons)
  2. Peru (35.2 tons)
  3. Bolivia (25.0 tons)
  4. France (10.6 tons)
  5. China (8.8 tons)
  6. Canada (7.5 tons)
  7. Italy (7.0 tons)
  8. Colombia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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