Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt (CIF) - 2022
In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $2,122 per ton, rising by 7.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 47% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($2,122 per ton) and Saudi Arabia ($2,122 per ton), while the price for Singapore ($2,122 per ton) and Thailand ($2,122 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt (FOB) - 2022
The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $2,241 per ton in 2022, with an increase of 9.5% against the previous year. In general, the export price enjoyed a pronounced increase. The growth pace was the most rapid in 2021 when the average export price increased by 42%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($2,241 per ton) and Libya ($2,241 per ton), while the average price for exports to France ($2,241 per ton) and Italy ($2,241 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+8.6%), 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 Egypt
In 2022, supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses was finally on the rise to reach 107K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a pronounced reduction.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses surged to $226M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +86.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 46.1 | 22.6 | 36.5 | 74.4 | 17.3% |
| South Korea | 44.0 | 35.8 | 33.0 | 73.2 | 18.5% |
| United Arab Emirates | 33.4 | 33.9 | 66.8 | 41.6 | 7.6% |
| Singapore | 4.1 | 3.9 | 4.7 | 7.2 | 20.6% |
| Thailand | 5.0 | 2.2 | 5.3 | 6.2 | 7.4% |
| Netherlands | 5.4 | 6.9 | 4.1 | 5.7 | 1.8% |
| Belgium | 5.3 | 4.0 | 3.6 | 4.2 | -7.5% |
| Others | 13.1 | 11.8 | 22.0 | 13.5 | 1.0% |
| Total | 156 | 121 | 176 | 226 | 13.2% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Egypt in 2022:
- Saudi Arabia (35.1K tons)
- South Korea (34.5K tons)
- United Arab Emirates (19.6K tons)
- Singapore (3.4K tons)
- Thailand (2.9K tons)
- Netherlands (2.7K tons)
- Belgium (2.0K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt
In 2022, exports of propylene, other olefin polymers; propylene copolymers in primary formses from Egypt declined rapidly to 96 tons, shrinking by -42% on the previous year's figure. Overall, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 167%.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses shrank dramatically to $215K in 2022. Over the period under review, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 278% against the previous year.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 511 | 86.8 | 317 | 67.9 | -49.0% |
| France | N/A | N/A | N/A | 62.0 | 0% |
| Italy | N/A | N/A | 0.1 | 59.0 | 58900.0% |
| Turkey | N/A | N/A | N/A | 25.8 | 0% |
| Others | N/A | 2.6 | 21.4 | N/A | 723.1% |
| Total | 511 | 89.4 | 338 | 215 | -25.1% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Egypt in 2022:
- Libya (30.3 tons)
- France (27.7 tons)
- Italy (26.3 tons)
- Turkey (11.5 tons)
72
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Egypt.
683
This report provides an in-depth analysis of the market for polypropylene in primary forms in Egypt.
65
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
998
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
72
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Egypt.
683
This report provides an in-depth analysis of the market for polypropylene in primary forms in Egypt.
65
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
998
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
176
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
351
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.
722
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
176
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
351
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.
722
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
