Ethylene Price in Serbia - 2022
Contents:
- Ethylene Price in Serbia (FOB) - 2022
- Ethylene Price in Serbia (CIF) - 2022
- Ethylene Exports in Serbia
- Ethylene Imports in Serbia
Ethylene Price in Serbia (FOB) - 2022
In December 2022, the average ethylene export price amounted to $1,206 per ton, picking up by 3.6% against the previous month. In general, the export price, however, showed a mild shrinkage. The pace of growth was the most pronounced in April 2022 an increase of 14% month-to-month. As a result, the export price attained the peak level of $1,625 per ton. From May 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Slovakia.
From February 2022 to December 2022, the rate of growth in terms of prices for Slovakia amounted to -1.2% per month.
Ethylene Price in Serbia (CIF) - 2022
In 2022, the average ethylene import price amounted to less than $0.1 per ton, falling by 99.9% against the previous year. Overall, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 74%. As a result, import price attained the peak level of $21,571 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($52,410 per ton), while the price for Germany ($846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.2%), while the prices for the other major suppliers experienced a decline.
Ethylene Exports in Serbia
After two years of decline, overseas shipments of ethylene increased by 333,107,900% to 3.3K tons in 2022. In general, exports, however, showed a relatively flat trend pattern.
In value terms, ethylene exports soared to $4.5M in 2022. Over the period under review, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ethylene in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 2,245 | 299 | 669 | 472 | -40.5% |
| Germany | 780 | 14.0 | 95.6 | 67.4 | -55.8% |
| Italy | 435 | 46.2 | 86.4 | 61.6 | -47.9% |
| Russia | 261 | 8.1 | 24.7 | 21.0 | -56.8% |
| Others | 143 | 10.8 | -875.4 | 3,896 | 200.9% |
| Total | 3,864 | 378 | N/A | 4,518 | 5.4% |
Top Export Markets for Ethylene from Serbia in 2022:
- Slovakia (436.9 tons)
- Germany (57.3 tons)
- Italy (51.4 tons)
- Russia (12.5 tons)
Ethylene Imports in Serbia
In 2021, imports of ethylene into Serbia stood at 170 kg, therefore, remained relatively stable against the previous year. Overall, imports showed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.
In value terms, ethylene imports totaled $1.3K in 2021. Over the period under review, imports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.
| Import of Ethylene in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 111 | 586 | 1,109 | 888 | 100.0% |
| Austria | 74.0 | 117 | 130 | 104 | 12.0% |
| Germany | 43.0 | 55.0 | 49.0 | 32.0 | -9.4% |
| Others | -1.0 | -758.0 | 2.0 | -1,024.0 | 907.9% |
| Total | 227 | N/A | 1,290 | N/A | 138.4% |
Top Suppliers of Ethylene to Serbia in 2022:
- Italy (85.0 kg)
- Germany (38.0 kg)
- Austria (2.0 kg)
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