Blog - Plastics And Synthetic Rubber In Primary Forms

EU Polystyrene Imports Skyrocket to $4.8B

May 13, 2022

EU polystyrene imports spiked from $2.2B in 2020 to $2.4B in 2021. In physical terms, supplies rose from 2.2M tons to 2.6M tons.

U.S. Synthetic Rubber Exports Rebound to $2.5B

May 12, 2022

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After a 15%-drop in 2020, U.S. synthetic rubber exports surged to $2.5B in 2021.

EU Silicone Market: Imports Skyrocket to $3.7B

Feb 24, 2022

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In 2021, the EU imported approx. 695K tons of silicones in primary forms, by 22% more than in 2020. In value terms, silicone purchases skyrocketed from $2.8B to $3.7B.

Polyethylene Prices in the EU to Remain Elevated After Soaring Last Year

Feb 22, 2022

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In the EU, the average import price for primary polyethylene stood at $1,672 per ton in 2021, rising by 54% against the previous year. High energy resource costs and logistic tensions are forecast to keep prices elevated this year.

South Korea's Synthetic Latex Exports Surge to $947M

Feb 7, 2022

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Synthetic latex rubber exports from South Korea surged to 879K tons in 2020, increasing by 23% on the year before. In value terms, supplies surged from $709M to $947M.

China’s Polystyrene Production Expansion to Be Delayed Amid Energy Crisis

Oct 8, 2021

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In 2021-2022, China plans to add a new production capacity for styrene and polystyrenes. This could turn China from the world’s largest importer of those products into an exporter. Completion may be delayed due to electricity disruptions caused by increasing energy prices and regulations to reduce CO2 emissions. Despite the ban on single-use packaging, consumption of polystyrene in China will steadfastly grow, driven by a high demand for plastics in the construction, automotive and other industries.

Germany's Polyamide Exports to Set New Record This Year

Sep 16, 2021

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German polyamide exports may reach a new record in 2021, rebounding after two years of decline. In the first half of this year, Germany exported 424K tons of polyamides worth $1.55B against 348K or $1.12B in the same period in 2020. Germany remains the world’s largest polyamide supplier, accounting for 19% of global exports. Italy, Belgium and France are the key importers of polyamides from Germany. Turkey recorded the highest spike in imports from Germany. In 2020, the average polyamide export price amounted to $3,205 per ton, down by -7.7% y-o-y.

The Polyethylene Market to Grow Rapidly Despite the Shutdown of the U.S. Plants

Mar 26, 2021

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Global polyethylene production is set to grow rapidly due to the launch of new capacities in Asia. The construction of new plants for the processing of recycled polyethylene becomes urgent. The shutdowns of the U.S. plants affected by the storm and increased freight rates led to higher polyethylene costs on the stock exchanges.

Robust Growth in the Asian Construction Sector to Stimulate the PVC Market

Mar 24, 2021

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The negative impact of the COVID crisis on the PVC market is offset by growing demand in the Asian construction industry and the global packaging market.