Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ethiopia - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ethiopia (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ethiopia

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

In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,804 per ton, dropping by -4.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2021 an increase of 30%. As a result, import price reached the peak level of $1,882 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,123 per ton), while the price for India ($1,133 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 (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ethiopia

In 2022, supplies from abroad of propylene, other olefin polymers; propylene copolymers in primary formses increased by 0.7% to 11K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt contraction.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses fell modestly to $20M in 2022. In general, imports, however, saw a perceptible downturn. The smallest decline of -0.8% was in 2021.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6.23.83.08.310.2%
South Korea7.810.310.45.9-8.9%
Thailand1.30.62.83.336.4%
India0.60.60.21.122.4%
United Arab Emirates3.93.21.10.3-57.5%
China1.00.50.80.3-33.1%
Taiwan (Chinese)0.50.61.1N/A48.3%
Others1.20.81.00.4-30.7%
Total22.520.520.319.6-4.5%

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

  1. Saudi Arabia (4.7K tons)
  2. South Korea (2.8K tons)
  3. Thailand (1.7K tons)
  4. India (1.0K tons)
  5. United Arab Emirates (0.3K tons)
  6. China (0.2K tons)

Source: IndexBox Market Intelligence Platform

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