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

Contents:

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

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

In October 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,777 per ton, surging by 4.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 6.2% month-to-month. The import price peaked at $1,886 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($3,578 per ton), while the price for Taiwan (Chinese) ($1,149 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 Switzerland (+3.7%), 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 Germany (FOB) - 2023

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,862 per ton in October 2023, picking up by 9.9% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($2,580 per ton), while the average price for exports to the UK ($1,471 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 China (+1.4%), 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 Germany

In 2022, approx. 757K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into Germany; waning by -7.4% compared with 2021. Over the period under review, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.8%.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses contracted slightly to $1.5B in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +46.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of $1.6B, and then shrank slightly in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium37933046152711.6%
Netherlands3373113973743.5%
France165124204148-3.6%
Austria95.290.616014414.8%
Spain35.929.178.575.928.3%
Italy72.548.175.672.90.2%
Czech Republic31.829.142.347.013.9%
Hungary22.716.835.424.93.1%
Slovakia26.314.825.420.8-7.5%
Others98.750.310494.7-1.4%
Total1,2641,0441,5841,5306.6%

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

  1. Belgium (269.3K tons)
  2. Netherlands (175.8K tons)
  3. Austria (75.6K tons)
  4. France (70.0K tons)
  5. Spain (41.1K tons)
  6. Italy (33.2K tons)
  7. Czech Republic (19.5K tons)
  8. Hungary (13.3K tons)
  9. Slovakia (11.4K tons)

Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Germany

In 2022, exports of propylene, other olefin polymers; propylene copolymers in primary formses from Germany fell to 707K tons, with a decrease of -6.2% on the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 5% against the previous year. As a result, the exports reached the peak of 753K tons, and then shrank in the following year.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses shrank to $1.4B in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47%. As a result, the exports attained the peak of $1.5B, and then reduced in the following year.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16814326423612.0%
Poland11810518516211.1%
France90.082.812012812.5%
Czech Republic99.385.01211227.1%
United Kingdom71.061.781.177.93.1%
Netherlands64.660.672.671.63.5%
Spain64.042.546.471.13.6%
Belgium46.740.451.454.15.0%
Sweden40.334.845.847.65.7%
Slovakia37.328.747.641.63.7%
Switzerland27.421.236.439.813.3%
Austria20.720.636.237.321.7%
Hungary20.120.330.233.218.2%
Others2712633462801.1%
Total1,1381,0091,4831,4037.2%

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

  1. Italy (129.5K tons)
  2. Poland (83.5K tons)
  3. France (70.2K tons)
  4. Czech Republic (55.8K tons)
  5. United Kingdom (42.7K tons)
  6. Netherlands (38.0K tons)
  7. Spain (36.5K tons)
  8. Belgium (32.1K tons)
  9. Sweden (24.8K tons)
  10. Switzerland (20.4K tons)
  11. Austria (18.9K tons)
  12. Slovakia (18.2K tons)
  13. Hungary (16.3K tons)

Source: IndexBox Market Intelligence Platform

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