Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia - 2024
Contents:
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia (FOB) - 2024
- Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia (CIF) - 2022
- Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia
- Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia (FOB) - 2024
The average export price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $1,560 per ton in January 2024, reducing by -12.9% against the previous month. In general, the export price saw a slight descent. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 4.6% against the previous month. The export price peaked at $1,835 per ton in January 2023; however, from February 2023 to January 2024, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In January 2024, the country with the highest price was Australia ($1,814 per ton), while the average price for exports to India ($1,452 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-0.1%), while the prices for the other major destinations experienced a decline.
Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia (CIF) - 2022
The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $2,374 per ton in 2022, rising by 15% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($5,526 per ton), while the price for Singapore ($972 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia
Exports of propylene, other olefin polymers; polyisobutylene in primary formses from Malaysia skyrocketed to 37K tons in 2022, rising by 352% compared with the previous year. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $72M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 3.4 | 6.9 | 14.5 | 65.3 | 167.8% |
| India | 0.2 | 0.8 | 1.4 | 5.0 | 192.4% |
| Australia | N/A | 0.2 | 0.4 | 1.7 | 191.5% |
| Others | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
| Total | 3.9 | 8.0 | 16.7 | 72.3 | 164.7% |
Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Malaysia in 2022:
- Singapore (33.3K tons)
- India (2.6K tons)
- Australia (0.9K tons)
Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia
In 2022, imports of propylene, other olefin polymers; polyisobutylene in primary formses into Malaysia shrank to 1.3K tons, which is down by -5.6% on 2021. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 +86.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 97%. As a result, imports attained the peak of 1.4K tons, and then reduced in the following year.
In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses expanded significantly to $3.2M in 2022. Overall, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 with an increase of 104% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,267 | 737 | 1,707 | 2,042 | 17.2% |
| Russia | N/A | N/A | 213 | 229 | 7.5% |
| France | 261 | 275 | 257 | 216 | -6.1% |
| Canada | 370 | 142 | 89.4 | 182 | -21.1% |
| Netherlands | 30.3 | N/A | N/A | 182 | 81.8% |
| Singapore | 1.9 | 33.8 | 32.6 | 81.8 | 250.5% |
| China | 103 | 88.1 | 280 | 80.2 | -8.0% |
| United States | 59.7 | 4.6 | 31.9 | 52.8 | -4.0% |
| Spain | N/A | 76.7 | 21.1 | N/A | -72.5% |
| Taiwan (Chinese) | N/A | N/A | 17.0 | N/A | 0% |
| Others | 59.7 | 80.3 | 281 | 113 | 23.7% |
| Total | 2,152 | 1,437 | 2,930 | 3,179 | 13.9% |
Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Malaysia in 2022:
- South Korea (909.1 tons)
- Singapore (84.1 tons)
- France (76.7 tons)
- Canada (64.6 tons)
- Netherlands (47.1 tons)
- Russia (41.4 tons)
- United States (35.5 tons)
- China (27.7 tons)
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Malaysia.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Malaysia.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
30
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Malaysia.
425
This report provides an in-depth analysis of the market for polypropylene in primary forms in Malaysia.
43
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
935
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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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 ...
