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

Contents:

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

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

The average import price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,771 per ton in 2022, reducing by -12.4% against the previous year. Overall, the import price saw a slight decrease. The pace of growth appeared the most rapid in 2021 an increase of 38%. The import price peaked at $2,230 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($2,874 per ton), while the price for Azerbaijan ($1,375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.4%), 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 Russia (FOB) - 2022

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,496 per ton in 2022, waning by -16.2% against the previous year. Overall, the export price continues to indicate a perceptible descent. The growth pace was the most rapid in 2021 when the average export price increased by 65%. Over the period under review, the average export prices hit record highs at $2,218 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($2,417 per ton), while the average price for exports to China ($944 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 Ukraine (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -8.8% to 99K tons. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 109K tons, and then dropped in the following year.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses shrank notably to $176M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $220M, and then fell dramatically in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan5.06.446.359.7128.6%
South Korea25.818.137.642.518.1%
China0.10.50.628.1555.0%
Germany17.718.119.97.2-25.9%
Turkey0.50.81.07.0141.0%
Netherlands25.523.325.95.4-40.4%
Belgium16.418.823.63.9-38.0%
United Arab Emirates6.65.87.82.2-30.7%
Finland6.57.711.01.3-41.5%
Italy3.41.16.21.2-29.3%
France13.412.711.31.2-55.3%
Others23.718.529.116.5-11.4%
Total1451322201766.7%

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

  1. Azerbaijan (43.4K tons)
  2. South Korea (27.2K tons)
  3. China (9.8K tons)
  4. Germany (3.4K tons)
  5. Turkey (2.6K tons)
  6. Netherlands (2.0K tons)
  7. Belgium (1.9K tons)
  8. United Arab Emirates (1.0K tons)
  9. Finland (0.7K tons)
  10. France (0.6K tons)
  11. Italy (0.4K tons)

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

After three years of growth, overseas shipments of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -17% to 38K tons in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% 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 +40.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of 46K tons, and then reduced notably in the following year.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses reduced remarkably to $57M in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 155% against the previous year. As a result, the exports reached the peak of $83M, and then fell dramatically in the following year.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan4.35.39.521.571.0%
China0.10.86.118.9473.9%
TurkeyN/A0.33.07.7406.6%
GermanyN/AN/A12.26.6-45.9%
Belarus33.624.546.7N/A17.9%
Others1.01.55.12.840.9%
Total39.032.482.657.513.8%

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

  1. China (20.0K tons)
  2. Kazakhstan (8.9K tons)
  3. Turkey (5.4K tons)
  4. Germany (3.0K tons)

Source: IndexBox Market Intelligence Platform

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