Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Netherlands - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Netherlands (FOB) - 2023
  2. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Netherlands (CIF) - 2023
  3. Exports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Netherlands
  4. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Netherlands

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Netherlands (FOB) - 2023

The average export price for propylene, other olefin polymers; propylene copolymers in primary formses stood at $1,838 per ton in October 2023, picking up by 5.4% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 6.5% against the previous month. As a result, the export price reached the peak level of $1,904 per ton. From June 2023 to October 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In October 2023, the countries with the highest prices were China ($2,159 per ton) and Turkey ($2,139 per ton), while the average price for exports to the UK ($1,504 per ton) and Norway ($1,631 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+1.9%), 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 the Netherlands (CIF) - 2023

In October 2023, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $2,157 per ton, jumping by 40% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The import price peaked at $2,388 per ton in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($4,601 per ton), while the price for Vietnam ($1,027 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+1.7%), 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 the Netherlands

In 2022, overseas shipments of propylene, other olefin polymers; propylene copolymers in primary formses decreased by -7.1% to 776K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a mild reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 6.7%. As a result, the exports reached the peak of 871K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of propylene, other olefin polymers; propylene copolymers in primary formses reached $1.6B in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 18% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2862713343294.8%
Belgium20515522528711.9%
United Kingdom1291031541372.0%
France10181.311299.5-0.5%
United States10.317.029.774.493.3%
Poland71.561.879.473.71.0%
Italy43.051.066.667.216.0%
China34.216954.653.816.3%
Spain40.742.051.747.85.5%
Turkey33.137.853.143.09.1%
Czech Republic27.346.237.637.411.1%
Sweden20.816.228.425.97.6%
Portugal20.118.527.023.65.5%
Others2392563142856.0%
Total1,2601,3261,5671,5857.9%

Top Export Markets for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms from the Netherlands in 2022:

  1. Germany (166.1K tons)
  2. Belgium (156.7K tons)
  3. United Kingdom (69.0K tons)
  4. France (45.3K tons)
  5. Poland (38.6K tons)
  6. Italy (33.3K tons)
  7. United States (30.2K tons)
  8. Spain (21.4K tons)
  9. China (21.0K tons)
  10. Czech Republic (18.5K tons)
  11. Turkey (18.0K tons)
  12. Sweden (12.2K tons)
  13. Portugal (11.8K tons)

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

In 2022, overseas purchases of propylene, other olefin polymers; propylene copolymers in primary formses increased by 1.2% to 172K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a perceptible shrinkage.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses rose rapidly to $311M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium92.473.110493.80.5%
Germany61.558.857.674.76.7%
France22.916.927.029.18.3%
United States2.54.41.126.9120.8%
Israel12.39.212.411.5-2.2%
Austria4.15.813.19.733.2%
Spain7.85.416.99.46.4%
Italy8.23.64.27.7-2.1%
Poland2.60.71.56.032.1%
United Kingdom9.85.21.82.8-34.1%
Others26.547.052.739.314.0%
Total2512302933117.4%

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

  1. Germany (53.4K tons)
  2. Belgium (53.3K tons)
  3. France (16.3K tons)
  4. United States (7.1K tons)
  5. Israel (6.0K tons)
  6. Austria (5.8K tons)
  7. Spain (5.5K tons)
  8. Italy (3.6K tons)
  9. Poland (3.0K tons)
  10. United Kingdom (1.0K tons)

Source: IndexBox Market Intelligence Platform

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