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

Contents:

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

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

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,837 per ton, increasing by 8.8% against the previous year. In general, the import price, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2021 an increase of 15%. Over the period under review, average import prices reached the maximum at $3,918 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,201 per ton), while the price for the Netherlands ($1,753 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $5,090 per ton in 2022, increasing by 86% against the previous year. Over the period under review, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 192%. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($5,214 per ton), while the average price for exports to Israel amounted to $4,874 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+10.8%).

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

Imports of propylene, other olefin polymers; polyisobutylene in primary formses into Greece expanded notably to 250 tons in 2022, increasing by 15% against the previous year. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $710K in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany55.510298.025165.4%
Italy7.739.4175148167.9%
BrazilN/A1.925.5106646.9%
United States1.23.262.688.0318.6%
South Korea55.090.510468.07.3%
Netherlands63.440.848.924.0-27.7%
France15.115.837.016.53.0%
Belgium59.019.34.12.7-64.2%
Others3.67.612.56.320.5%
Total26132056771039.6%

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

  1. Germany (104.2 tons)
  2. Brazil (49.0 tons)
  3. Italy (42.5 tons)
  4. South Korea (28.1 tons)
  5. Netherlands (13.7 tons)
  6. United States (6.2 tons)
  7. France (4.2 tons)
  8. Belgium (1.0 tons)

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

For the third consecutive year, Greece recorded decline in shipments abroad of propylene, other olefin polymers; polyisobutylene in primary formses, which decreased by -76.1% to 2.8 tons in 2022. Over the period under review, exports faced a sharp curtailment. The smallest decline of -18.2% was in 2020.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses dropped markedly to $14K in 2022. In general, exports continue to indicate a dramatic decrease. The smallest decline of -18.7% was in 2020.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria21.432.312.69.3-24.3%
IsraelN/AN/AN/A5.00%
BelgiumN/AN/A12.5N/A0%
North Macedonia26.1N/AN/AN/A0%
Albania3.19.27.2N/A52.4%
Others0.4N/AN/AN/A0%
Total51.041.532.314.4-34.4%

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

  1. Bulgaria (1.8 tons)
  2. Israel (1.0 tons)

Source: IndexBox Market Intelligence Platform

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