Between 2017 and 2022 the volume of global trade for these materials fell. The two main components of global trade, intra-regional trade plus exports to other regions also dropped, although with important differences by region.
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Global Trends in Recyclable Polyethylene
The volume of recyclable polyethylene traded globally declined from 2016-2019 but then gradually climbed and is projected to reach 3.2 million tons for 2022. Expanded trade within the Western European region plus rising imports into Eastern Europe from other regions were among the key factors.
Continue readingPVC and PET are China’s Largest Polymer Exports. ITP Projects Shipments up 16% and 23%, Respectively, in 2022.
China’s exports of both polymers soared in 2021 and are projected still higher in 2022. Much higher shipments to Russia and Turkey, and for PVC, also India, factored in the gains.
Continue readingITP Projects China’s Imports of Polyolefins Down Substantially in 2022; Smaller Volume Exports are Projected Up, Especially for Polyethylene.
Weak demand in China as a result of stringent Covid restrictions was reflected in lower imports of polyolefins into China, and higher exports out of China, in each of the last two years.
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