Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand - 2024
Contents:
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand (FOB) - 2024
- Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand (CIF) - 2024
- Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand
- Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand (FOB) - 2024
In November 2023, the average export price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,272 per ton, growing by 4% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average export price increased by 7.6% m-o-m. Over the period under review, the average export prices hit record highs in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($1,624 per ton), while the average price for exports to China ($1,050 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand (CIF) - 2024
In November 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,591 per ton, growing by 3.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 8.3% m-o-m. Over the period under review, average import prices hit record highs in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,409 per ton), while the price for the United Arab Emirates ($1,088 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand
After three years of growth, overseas shipments of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -23.5% to 382K tons in 2022. Overall, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year.
In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses dropped rapidly to $531M in 2022. In general, exports saw a mild contraction. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports attained the peak of $691M, and then reduced sharply in the following year.
| Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 51.2 | 37.8 | 60.7 | 73.1 | 12.6% |
| Japan | 94.4 | 57.1 | 98.7 | 72.9 | -8.3% |
| Indonesia | 62.5 | 38.7 | 75.1 | 71.3 | 4.5% |
| China | 147 | 181 | 108 | 48.9 | -30.7% |
| Vietnam | 28.8 | 25.8 | 36.1 | 34.5 | 6.2% |
| Philippines | 27.5 | 17.7 | 30.6 | 29.7 | 2.6% |
| Australia | 8.8 | 9.0 | 26.1 | 24.5 | 40.7% |
| Bangladesh | 19.8 | 12.8 | 28.1 | 21.7 | 3.1% |
| Mexico | 9.9 | 9.1 | 17.0 | 21.3 | 29.1% |
| South Africa | 17.5 | 11.3 | 18.6 | 20.1 | 4.7% |
| Pakistan | 16.6 | 13.6 | 27.7 | 17.2 | 1.2% |
| Malaysia | 16.0 | 13.4 | 14.7 | 17.2 | 2.4% |
| Nigeria | 7.9 | 4.4 | 19.4 | 11.1 | 12.0% |
| Others | 54.7 | 43.6 | 130 | 67.7 | 7.4% |
| Total | 563 | 475 | 691 | 531 | -1.9% |
Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from Thailand in 2022:
- Japan (55.4K tons)
- India (54.9K tons)
- Indonesia (47.4K tons)
- China (40.4K tons)
- Vietnam (25.2K tons)
- Philippines (21.5K tons)
- Australia (19.2K tons)
- Bangladesh (15.8K tons)
- Mexico (15.8K tons)
- Malaysia (12.9K tons)
- Pakistan (9.7K tons)
- South Africa (9.5K tons)
- Nigeria (7.8K tons)
Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand
In 2022, approx. 103K tons of propylene, other olefin polymers; propylene copolymers in primary formses were imported into Thailand; surging by 2.5% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses rose remarkably to $179M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 65.2 | 47.5 | 67.8 | 63.5 | -0.9% |
| Japan | 22.0 | 24.4 | 29.1 | 30.5 | 11.5% |
| South Korea | 13.9 | 16.0 | 28.9 | 26.9 | 24.6% |
| Belgium | 7.4 | 7.7 | 14.1 | 13.1 | 21.0% |
| Saudi Arabia | 3.0 | 2.0 | 5.0 | 10.1 | 49.9% |
| United Arab Emirates | 1.8 | 6.1 | 7.6 | 9.1 | 71.6% |
| China | 1.7 | 1.9 | 3.4 | 7.2 | 61.8% |
| Others | 12.8 | 11.3 | 13.8 | 19.1 | 14.3% |
| Total | 128 | 117 | 170 | 179 | 11.8% |
Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Thailand in 2022:
- Singapore (39.1K tons)
- South Korea (18.6K tons)
- Japan (12.7K tons)
- Saudi Arabia (8.0K tons)
- United Arab Emirates (7.3K tons)
- Belgium (5.7K tons)
- China (3.8K tons)
82
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Thailand.
614
This report provides an in-depth analysis of the market for polypropylene in primary forms in Thailand.
44
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
82
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Thailand.
614
This report provides an in-depth analysis of the market for polypropylene in primary forms in Thailand.
44
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
936
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
116
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
268
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.
672
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
116
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
268
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.
672
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
