Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Latvia - 2023

Contents:

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

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Latvia (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $3,689 per ton, reducing by -56.6% against the previous year. In general, the export price saw a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 113% against the previous year. As a result, the export price attained the peak level of $8,505 per ton, and then reduced notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2014 to 2022, the rate of growth in terms of prices for Belarus amounted to -2.2% per year.

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

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $3,715 per ton, falling by -50% against the previous year. Overall, the import price continues to indicate a mild shrinkage. The growth pace was the most rapid in 2013 an increase of 194%. As a result, import price attained the peak level of $13,229 per ton. From 2014 to 2022, the average import prices remained at a 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 Poland ($15,889 per ton), while the price for Germany stood at $3,672 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Latvia

Exports of propylene, other olefin polymers; polyisobutylene in primary formses from Latvia skyrocketed to 216 tons in 2022, growing by 46,577% against the previous year's figure. Over the period under review, exports posted 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; polyisobutylene in primary formses surged to $797K in 2022. Overall, exports saw 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; Polyisobutylene in Primary Forms in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelarusN/AN/AN/A7930%
Others0.1N/A3.93.7233.2%
Total0.1N/A3.97971897.5%

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

  1. Belarus (215.8 tons)

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Latvia

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses imported into Latvia skyrocketed to 158 tons, increasing by 20,974% on 2021. In general, imports recorded significant growth. 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; polyisobutylene in primary formses soared to $589K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A0.2578288900.0%
Finland26.1N/AN/AN/A0%
Others2.71.35.410.657.8%
Total28.91.35.6589173.2%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Latvia in 2022:

  1. Germany (157.4 tons)

Source: IndexBox Market Intelligence Platform

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