Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Dominican Republic - 2023
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Dominican Republic (CIF) - 2023
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Dominican Republic
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,263 per ton, which is down by -8.3% against the previous month. In general, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in April 2022 when the average import price increased by 15% month-to-month. As a result, import price attained the peak level of $1,962 per ton. From May 2022 to March 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In March 2023, the countries with the highest prices were Colombia ($1,516 per ton) and Saudi Arabia ($1,242 per ton), while the price for China ($1,087 per ton) and the United States ($1,187 per ton) were amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Egypt (0.0%), while the prices for the other major suppliers experienced a decline.
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Dominican Republic
In 2022, approx. 5.4K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into the Dominican Republic; increasing by 228% on the previous year. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses skyrocketed to $9.6M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,269 | 1,165 | 297 | 6,299 | 70.6% |
| Colombia | 970 | 946 | 1,304 | 2,197 | 31.3% |
| Saudi Arabia | 159 | 188 | 343 | 388 | 34.6% |
| Egypt | N/A | N/A | N/A | 248 | 0% |
| South Korea | 63.1 | 43.4 | 20.1 | 224 | 52.5% |
| Hong Kong SAR | 724 | 603 | 415 | N/A | -24.3% |
| Others | 373 | 664 | 627 | 284 | -8.7% |
| Total | 3,558 | 3,609 | 3,007 | 9,641 | 39.4% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to the Dominican Republic in 2022:
- United States (3577.6 tons)
- Colombia (1137.1 tons)
- Saudi Arabia (238.8 tons)
- Egypt (138.0 tons)
- South Korea (114.0 tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in the Dominican Republic.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in the Dominican Republic.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in the Dominican Republic.
233
This report provides an in-depth analysis of the market for polypropylene in primary forms in the Dominican Republic.
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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Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
327
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 ...
