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

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ireland (CIF) - 2023
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ireland (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ireland
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ireland

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ireland (CIF) - 2023

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $5,675 per ton in November 2023, growing by 4.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 122% month-to-month. As a result, import price attained the peak level of $12,610 per ton. From March 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was France ($5,778 per ton), while the price for Germany ($5,384 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), 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 Ireland (FOB) - 2022

The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $4,301 per ton in 2022, falling by -42.1% against the previous year. Overall, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 122%. Over the period under review, the average export prices hit record highs at $28,165 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($8,982 per ton), while the average price for exports to Denmark amounted to $4,183 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 665 tons of propylene, other olefin polymers; polyisobutylene in primary formses were imported into Ireland; jumping by 140% compared with the year before. Over the period under review, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses soared to $3.3M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.01,3659101,174318.6%
JapanN/A54032489328.6%
Belgium3.6N/AN/A629459.0%
NetherlandsN/AN/AN/A1030%
PolandN/AN/AN/A57.60%
ItalyN/AN/AN/A35.30%
France33497287925.2-57.7%
United States26913310.821.9-56.7%
United Kingdom1,6471631.415.2-79.0%
Others0.1N/A1813811461.9%
Total2,2703,1722,3063,33413.7%

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

  1. Germany (230.1 tons)
  2. Japan (182.7 tons)
  3. Belgium (127.6 tons)
  4. Netherlands (20.5 tons)
  5. Poland (11.8 tons)
  6. Italy (10.0 tons)
  7. France (5.2 tons)
  8. United Kingdom (2.0 tons)
  9. United States (1.9 tons)

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

In 2022, shipments abroad of propylene, other olefin polymers; polyisobutylene in primary formses decreased by -43.9% to 13 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,586%. As a result, the exports reached the peak of 128 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; polyisobutylene in primary formses fell sharply to $54K in 2022. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 1,554% against the previous year. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A51.30%
Lithuania91.01,1901652.0-72.0%
PolandN/A307N/AN/A0%
OthersN/A7.9N/A0.6-72.4%
Total91.01,50516553.8-16.1%

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

  1. Denmark (12.3 tons)
  2. Lithuania (0.2 tons)

Source: IndexBox Market Intelligence Platform

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