World - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights
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Propene market: download newly released information powered by an Ai-driven market intelligence platform. Data contain exports, market prices, imports, consumption, market size, companies, production, and trade. Here is a split by region, including the U.K., China, EU, the U.S., Latin America, Africa, the Middle East, and Russia. Market insights and outlook to 2030 are also featured in the snapshots.
Propene - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | India |
| 3 | Japan |
| 4 | Brazil |
| 5 | Bangladesh |
In value terms, the United States, India and Japan constituted the countries with the highest levels of market value in 2020, together comprising 28% of the global market. Brazil, Bangladesh, Mexico, China, the UK, Saudi Arabia, Turkey, Russia, Germany and Iran lagged somewhat behind, together accounting for a further 28%.
Among the main consuming countries, Saudi Arabia recorded the highest growth rate of market size, over the period under review, while propene market for the other global leaders experienced more modest paces of growth.
Propene Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Spain | 999 | 951 | 685 | -17.2% |
| Japan | 996 | 837 | 716 | -15.2% |
| France | 1064 | 960 | 747 | -16.2% |
| Italy | 1027 | 915 | 755 | -14.3% |
| Thailand | 1024 | 907 | 758 | -14.0% |
| Germany | 1075 | 953 | 761 | -15.9% |
| Taiwan (Chinese) | n/a | n/a | 762 | 0.0% |
| Belgium | 1109 | 1082 | 770 | -16.7% |
| South Korea | 1053 | 893 | 774 | -14.3% |
| Portugal | 1117 | 985 | 780 | -16.4% |
| United Kingdom | 1156 | 908 | 790 | -17.3% |
| Netherlands | 1119 | 1000 | 797 | -15.6% |
| United States | 1170 | 1316 | 931 | -10.8% |
| Average | 1061 | 957 | 769 | -14.8% |
Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the United States ($931 per ton) and the Netherlands ($797 per ton), while Spain ($685 per ton) and Japan ($716 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), 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 | 1050 | 1023 | 1030 | -1.0% |
| South Korea | 1076 | 928 | 877 | -9.7% |
| Germany | 1125 | 998 | 841 | -13.5% |
| Indonesia | 819 | 929 | 840 | 1.3% |
| Taiwan (Chinese) | 1104 | 941 | 831 | -13.2% |
| China | 1103 | 931 | 813 | -14.1% |
| Vietnam | 1061 | 986 | 809 | -12.7% |
| France | 1079 | 914 | 791 | -14.4% |
| Colombia | 1227 | 888 | 763 | -21.1% |
| Netherlands | 1075 | 946 | 753 | -16.3% |
| Belgium | 1093 | 1011 | 753 | -17.0% |
| Mexico | 1069 | 856 | 737 | -17.0% |
| Poland | 1070 | 928 | 670 | -20.9% |
| Average | 1097 | 938 | 804 | -14.4% |
Prices varied noticeably by the country of destination; the country with the highest price was the United States ($1,030 per ton), while Poland ($670 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced a decline in the import price figures.
Propene - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 3.1 | 2.9 | 2 | -19.4% |
| Germany | 1 | 0.9 | 0.6 | -21.8% |
| Belgium | 0.4 | 0.4 | 0.5 | 16.5% |
| Netherlands | 0.5 | 0.6 | 0.3 | -18.9% |
| France | 0.4 | 0.3 | 0.3 | -16.9% |
In value terms, China ($2B) constitutes the largest market for imported propene (propylene) worldwide, comprising 35% of global imports. The second position in the ranking was occupied by Germany ($588M), with a 10% share of global imports. It was followed by Belgium, with a 9% share.
From 2018 to 2020, the average annual growth rate of value in China totaled -19.4%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-21.8% per year) and Belgium (+16.5% per year).
Propene - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| South Korea | 1.8 | 1.5 | 1.2 | -18.7% |
| Netherlands | 0.9 | 0.8 | 0.6 | -17.6% |
| Japan | 0.7 | 0.7 | 0.5 | -13.0% |
| United States | 0.7 | 0.6 | 0.5 | -12.0% |
| Taiwan (Chinese) | n/a | n/a | 0.3 | 0.0% |
In value terms, South Korea ($1.2B) remains the largest propene supplier worldwide, comprising 22% of global exports. The second position in the ranking was occupied by the Netherlands ($578M), with a 11% share of global exports. It was followed by Japan, with a 10% share.
In South Korea, propene exports declined by an average annual rate of -18.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the Netherlands (-17.6% per year) and Japan (-13.0% per year).
Propene - Market Forecast
Depressed by shrinking demand for propene worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Propene - Product Coverage
- HS 290122 - Acyclic hydrocarbons; unsaturated, propene (propylene)
This report provides an in-depth analysis of the global propene market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141140 - Propene (propylene)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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