The rebound followed two years – 2022 and 2023 – of either declining or flat global trade volume for all of these polymers except bottle grade PET. This polymer posted a gain of 17% in 2022, a 5% decline in 2023, and another strong gain, up 15%, in 2024.
Continue readingMonthly Archives: March 2025
Korea Increased PE, PP, and Styrenic Polymer Exports in a Difficult Trade Environment in 2024 by Shifting Export Destinations; PVC and PET Shipments Contracted
Competition from China and depressed demand globally made 2024 a particularly challenging year.
In 2024 Korea exported 4.5 million tons of ethylene polymers (all grades), up 1%; 3.8 million tons of propylene polymers, up 9%; 1.9 million tons of styrenic polymers, up 4%; 0.7 million tons of PVC, down 7%; and 0.8 million tons of PET, down 4%.
Continue readingAsia-Pacific’s PE, PP, PS, and PVC Trade in 2024: Key Trends, Challenges, and Regional Shifts
The Asia-Pacific region exported sizable volumes of polypropylene, propylene copolymers (PRC), polystyrene, and uncompounded PVC (PVCU) in 2024. Export trends for polyethylene grades were mixed, polypropylene surged on new capacity, styrenic exports were relatively flat, PVC shipments dropped.
With a major impact on global trends, Asia-Pacific continued as the world’s largest regional importer of all grades of polyethylene, but fell to second place for polypropylene and PRC, after Eastern Europe. Import demand in the larger Asia-Pacific markets – China, India, Vietnam, Indonesia – varied by polymer, declining in some, others showing impressive growth.
Continue readingSaudi Arabia and UAE Exports of Polypropylene in 2024 Hit by China’s Aggressive PP Export Expansion Globally
Saudi Arabia exported 4.4 million tons of polypropylene (all grades, partly estimated) in 2024, down 14%. The UAE shipped 1.7 million tons, down 7%. (UAE does not publish statistics; data is visible from trading partners). Shipments to Asia-Pacific were the most impacted.
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