Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa (FOB) - 2023
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa (CIF) - 2022
In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,877 per ton, rising by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The import price peaked at $2,549 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,631 per ton), while the price for Germany ($1,026 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%), 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 South Africa (FOB) - 2023
The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,228 per ton in November 2023, surging by 9.7% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 12% m-o-m. Over the period under review, the average export prices attained the peak figure in November 2023.
Average prices varied noticeably for the major foreign markets. In November 2023, the countries with the highest prices were Zimbabwe ($1,288 per ton) and Malawi ($1,270 per ton), while the average price for exports to Greece ($1,061 per ton) and the UK ($1,179 per ton) were amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+2.3%), 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 South Africa
In 2022, approx. 43K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into South Africa; reducing by -17.8% compared with the previous year. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.0% 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 +32.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 61%. As a result, imports reached the peak of 52K tons, and then shrank rapidly in the following year.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses contracted to $80M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 +63.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, imports reached the peak of $86M, and then contracted in the following year.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 15.3 | 9.1 | 18.6 | 19.8 | 9.0% |
| Saudi Arabia | 8.6 | 8.3 | 12.5 | 12.0 | 11.7% |
| Belgium | 8.4 | 5.2 | 9.6 | 10.6 | 8.1% |
| Spain | 12.8 | 7.6 | 12.3 | 9.1 | -10.7% |
| Germany | 5.2 | 3.0 | 7.2 | 8.0 | 15.4% |
| United Arab Emirates | 2.9 | 2.1 | 6.1 | 5.5 | 23.8% |
| Netherlands | 2.0 | 2.6 | 3.2 | 3.7 | 22.8% |
| Japan | 3.0 | 2.0 | 3.2 | 3.2 | 2.2% |
| Others | 7.8 | 9.3 | 13.5 | 8.4 | 2.5% |
| Total | 66.1 | 49.1 | 86.3 | 80.4 | 6.7% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to South Africa in 2022:
- Thailand (9.4K tons)
- Germany (7.7K tons)
- Saudi Arabia (7.5K tons)
- Belgium (4.4K tons)
- United Arab Emirates (3.9K tons)
- Spain (3.5K tons)
- Netherlands (1.8K tons)
- Japan (1.1K tons)
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa
In 2022, approx. 28K tons of propylene, other olefin polymers; propylene copolymers in primary formses were exported from South Africa; with an increase of 86% on 2021 figures. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses skyrocketed to $37M in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 4.0 | 6.1 | 7.8 | 4.6 | 4.8% |
| Israel | N/A | N/A | N/A | 4.4 | 0% |
| Ireland | 0.8 | 1.4 | 4.2 | 4.3 | 75.2% |
| United Kingdom | 1.6 | 0.2 | N/A | 3.3 | 27.3% |
| Malawi | 2.5 | 3.6 | 4.7 | 3.3 | 9.7% |
| Greece | 0.4 | 0.6 | 1.0 | 3.1 | 97.9% |
| Nigeria | 0.1 | 0.1 | N/A | 1.7 | 157.1% |
| Slovenia | 0.1 | N/A | 0.5 | 1.5 | 146.6% |
| Angola | 0.1 | N/A | 0.6 | 1.3 | 135.1% |
| Netherlands | 0.2 | 0.5 | N/A | 1.2 | 81.7% |
| Zimbabwe | 0.6 | 1.2 | 1.4 | 1.2 | 26.0% |
| China | N/A | 0.7 | N/A | 1.2 | 30.9% |
| Spain | 0.2 | 0.3 | 0.2 | 0.9 | 65.1% |
| Others | 2.8 | 3.0 | 3.8 | 4.9 | 20.5% |
| Total | 13.6 | 17.7 | 24.1 | 36.9 | 39.5% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from South Africa in 2022:
- Israel (3.8K tons)
- Zambia (2.9K tons)
- United Kingdom (2.8K tons)
- Ireland (2.8K tons)
- Greece (2.6K tons)
- Malawi (2.2K tons)
- Nigeria (1.4K tons)
- China (1.3K tons)
- Netherlands (1.0K tons)
- Slovenia (1.0K tons)
- Angola (0.8K tons)
- Zimbabwe (0.8K tons)
- Spain (0.8K tons)
110
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in South Africa.
454
This report provides an in-depth analysis of the market for polypropylene in primary forms in South Africa.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
971
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
110
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in South Africa.
454
This report provides an in-depth analysis of the market for polypropylene in primary forms in South Africa.
56
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
971
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
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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.
702
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
