Polymers of propylene or of other olefins market
Polymers of propylene or of other olefins market: find newly released datasets provided by an Ai-driven market intelligence platform. Datasets cover market size, imports, market prices, exports, trade, consumption, production, and companies. Here is a breakdown by country, including Africa, Russia, the U.S., EU, the Middle East, Latin America, the U.K., and China. Market trends and outlook to 2030 are also featured in the dashboards.
Polymers of Propylene or of Other Olefins - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | Japan |
4 | India |
5 | Brazil |
In value terms, China, the United States and Japan appeared to be the countries with the highest levels of market value in 2020, together accounting for 54% of the global market.
The United States recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while market of polymers of propylene or of other olefins, in primary forms (excluding polypropylene) for the other global leaders experienced a decline in the market figures.
Polymers Of Propylene Or Of Other Olefins, In Primary Forms (Excluding Polypropylene) Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United Arab Emirates | 1259 | 1110 | 979 | -11.8% |
Taiwan (Chinese) | 1321 | n/a | 1076 | -9.7% |
Thailand | 1460 | 1415 | 1088 | -13.7% |
South Korea | 1472 | 1309 | 1129 | -12.4% |
Austria | 1530 | 1387 | 1164 | -12.8% |
Singapore | 1535 | 1400 | 1281 | -8.6% |
Spain | 1699 | 1579 | 1371 | -10.2% |
Belgium | 1759 | 1581 | 1425 | -10.0% |
Germany | 1848 | 1706 | 1551 | -8.4% |
France | 1860 | 1683 | 1573 | -8.0% |
Netherlands | 1749 | 1682 | 1575 | -5.1% |
United States | 2276 | 2210 | 2237 | -0.9% |
Average | 1692 | 1585 | 1398 | -9.1% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($2,237 per ton), while the United Arab Emirates ($979 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United States | 2002 | 1918 | 1746 | -6.6% |
France | 1832 | 1775 | 1642 | -5.3% |
Canada | 1993 | 1858 | 1598 | -10.5% |
Mexico | 1997 | 2003 | 1571 | -11.3% |
Germany | 1804 | 1675 | 1533 | -7.8% |
Belgium | 1929 | 1881 | 1533 | -10.9% |
Poland | 1753 | 1606 | 1434 | -9.6% |
United Kingdom | 1770 | 1624 | 1421 | -10.4% |
India | 1587 | 1461 | 1311 | -9.1% |
Turkey | 1628 | 1475 | 1289 | -11.0% |
Indonesia | 1531 | 1405 | 1276 | -8.7% |
Italy | 1598 | 1452 | 1271 | -10.8% |
China | 1589 | 1412 | 1247 | -11.4% |
Average | 1720 | 1597 | 1417 | -9.2% |
Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in the United States ($1,746 per ton) and France ($1,642 per ton), while China ($1,247 per ton) and Italy ($1,271 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced a decline in the import price figures.
Polymers of Propylene or of Other Olefins, in Primary Forms (Excluding Polypropylene) - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 2.8 | 2.8 | 2.9 | 2.8% |
Germany | 1.7 | 1.6 | 1.4 | -11.3% |
Italy | 1.2 | 1 | 0.9 | -11.3% |
France | 1 | 0.9 | 0.8 | -13.7% |
Belgium | 0.4 | 0.4 | 0.6 | 18.3% |
In value terms, China ($2.9B) constitutes the largest market for imported polymers of propylene or of other olefins, in primary forms (excluding polypropylene) worldwide, comprising 18% of global imports. The second position in the ranking was occupied by Germany ($1.4B), with a 8.4% share of global imports. It was followed by Italy, with a 5.6% share.
In China, imports of polymers of propylene or of other olefins, in primary forms (excluding polypropylene) increased at an average annual rate of +2.8% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-11.3% per year) and Italy (-11.3% per year).
Polymers of Propylene or of Other Olefins, in Primary Forms (Excluding Polypropylene) - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Belgium | 1.6 | 1.5 | 2.4 | 21.2% |
South Korea | 2.2 | 2 | 1.8 | -8.2% |
United States | 2.1 | 2 | 1.7 | -8.6% |
Netherlands | 1.6 | 1.5 | 1.6 | 0.6% |
Singapore | 1.9 | 1.7 | 1.5 | -13.0% |
In value terms, the largest polymers of propylene or of other olefins, in primary forms (excluding polypropylene) supplying countries worldwide were Belgium ($2.4B), South Korea ($1.8B) and the United States ($1.7B), together accounting for 36% of global exports.
Belgium saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Polymers of Propylene or of Other Olefins, in Primary Forms (Excluding Polypropylene) - Market Forecast
Driven by rising demand for polymers of propylene or of other olefins, in primary forms (excluding polypropylene) worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Polymers of Propylene or of Other Olefins - Product Coverage
- HS 390220 - Propylene, other olefin polymers; polyisobutylene in primary forms
- HS 390230 - Propylene, other olefin polymers; propylene copolymers in primary forms
- HS 390290 - Propylene, other olefin polymers; n.e.s. in heading no. 3902, in primary forms
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.
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