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

Contents:

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

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

In October 2023, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,953 per ton, increasing by 27% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. 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 export markets. In October 2023, the country with the highest price was Turkey ($2,392 per ton), while the average price for exports to Serbia ($1,328 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 Ukraine (+1.7%), 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 Slovakia (CIF) - 2023

In October 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $5,472 per ton, jumping by 195% against the previous month. Overall, the import price saw a prominent increase. As a result, import price attained 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 India ($11,759 per ton), while the price for South Korea ($3,513 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+11.7%), 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 Slovakia

In 2022, after three years of growth, there was significant decline in shipments abroad of propylene, other olefin polymers; propylene copolymers in primary formses, when their volume decreased by -30.6% to 67K tons. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of 96K tons, and then dropped markedly in the following year.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses reduced remarkably to $127M in 2022. Overall, exports, however, enjoyed measured growth. The growth pace was the most rapid in 2021 with an increase of 96%. As a result, the exports reached the peak of $191M, and then reduced markedly in the following year.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20.716.634.226.78.9%
Poland14.616.645.025.119.8%
Italy28.324.733.524.8-4.3%
Czech Republic24.216.726.718.8-8.1%
United Kingdom3.64.111.44.36.1%
France3.63.77.54.14.4%
Hungary5.00.91.23.7-9.5%
Ukraine4.43.36.72.2-20.6%
Romania1.62.03.22.211.2%
Netherlands0.30.14.52.088.2%
Austria1.90.91.71.2-14.2%
Others6.17.715.011.623.9%
Total11497.41911273.7%

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

  1. Poland (14.2K tons)
  2. Italy (14.1K tons)
  3. Germany (12.7K tons)
  4. Czech Republic (9.2K tons)
  5. France (2.3K tons)
  6. Hungary (1.9K tons)
  7. United Kingdom (1.8K tons)
  8. Romania (1.2K tons)
  9. Netherlands (1.2K tons)
  10. Ukraine (1.1K tons)
  11. Austria (1.1K tons)

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

After three years of growth, purchases abroad of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -21.7% to 51K tons in 2022. Overall, imports recorded a perceptible descent. The growth pace was the most rapid in 2021 when imports increased by 10%. As a result, imports reached the peak of 66K tons, and then contracted significantly in the following year.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses declined markedly to $104M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of $128M, and then fell dramatically in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic11.820.226.022.824.6%
Germany21.517.421.919.7-2.9%
Netherlands7.911.117.013.820.4%
Hungary11.42.03.611.81.2%
Belgium10.111.712.010.41.0%
Poland10.813.319.36.0-17.8%
Austria0.63.65.55.7111.8%
Others31.413.222.714.2-23.2%
Total10592.5128104-0.3%

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

  1. Czech Republic (12.0K tons)
  2. Germany (9.2K tons)
  3. Netherlands (7.1K tons)
  4. Belgium (5.7K tons)
  5. Hungary (5.4K tons)
  6. Austria (3.4K tons)
  7. Poland (2.5K tons)

Source: IndexBox Market Intelligence Platform

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