Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait - 2022
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait (CIF) - 2022
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait (FOB) - 2022
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait (CIF) - 2022
In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,870 per ton, which is down by -47.4% against the previous year. In general, the import price, however, showed pronounced growth. The pace of growth appeared the most rapid in 2021 an increase of 71%. As a result, import price reached the peak level of $5,452 per ton, and then dropped rapidly in the following year.
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 Belgium ($6,203 per ton), while the price for Germany ($2,693 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait (FOB) - 2022
In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,513 per ton, jumping by 41% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for propylene, other olefin polymers; polyisobutylene in primary formses increased by +160.6% against 2013 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +3.4% per year.
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait
In 2022, approx. 42 tons of propylene, other olefin polymers; polyisobutylene in primary formses were imported into Kuwait; jumping by 766% against the previous year. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,441%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $121K in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,539% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 0.6 | 7.7 | 104 | 178.8% |
| Belgium | N/A | N/A | 0.1 | 13.1 | 13000.0% |
| Italy | 0.3 | N/A | 1.0 | 3.4 | 124.6% |
| China | 0.2 | N/A | 0.5 | N/A | 58.1% |
| United Arab Emirates | 0.3 | N/A | 0.9 | N/A | 73.2% |
| Others | 1.3 | 0.2 | 16.3 | N/A | 254.1% |
| Total | 6.9 | 1.0 | 26.5 | 121 | 159.8% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Kuwait in 2022:
- Germany (38.7 tons)
- Belgium (2.1 tons)
- Italy (1.3 tons)
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait
In 2022, after three years of growth, there was significant decline in shipments abroad of propylene, other olefin polymers; polyisobutylene in primary formses, when their volume decreased by 99.9% to 4.2 tons. Overall, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 10%. As a result, the exports attained the peak of 98K tons, and then dropped rapidly in the following year.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses fell rapidly to $11K in 2022. In general, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 15% against the previous year.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | N/A | 0% |
| Pakistan | 129 | 149 | 171 | N/A | 15.1% |
| Malaysia | 1.8 | 1.8 | 1.8 | N/A | 0.0% |
| Others | 1.3 | 1.4 | 1.5 | N/A | 7.4% |
| Total | 133 | 152 | 175 | N/A | 14.7% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Kuwait in 2022:
- India (4.2 tons)
100
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Kuwait.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Kuwait.
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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.
100
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Kuwait.
332
This report provides an in-depth analysis of the market for polypropylene in primary forms in Kuwait.
47
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
945
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.
681
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
127
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
286
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.
681
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
