Korea exported record volumes of polyethylene for most of 2020, but shipments dropped toward yearend on much lower volumes to China.Continue reading
US exports slowed during the second quarter of 2020, hovered at a low around 2 million tons per month from June through August, then climbed sharply, to over 6 million tons in November.Continue reading
Imports of polyethylene, polypropylene, PVC and PET all hit new highs during the fourth quarter of 2020, as did imports of film and sheet made from PP, PVC and PET, and even imports of recyclable PVC and PET polymer. Exports during the period, particularly of polyethylene and polypropylene, were at their lowest levels in over five years.Continue reading
Several countries in the Middle East do not publish timely statistics on their exports or imports. Most of their trade, however, is visible from the imports and exports of trading partners. The 100 reporting countries in ITP’s data base are estimated to capture from 75%-95% of actual trade. ITP’s World Trade Reports now show Middle East trade by trading partner, including monthly quantity, average PPT and cumulative volume for: Israel, Iran, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates.
World Trade Reports and Matrixes, developed from the 100 countries in ITP’s database, are now available for Acrylonitrile-Butadiene Rubber (NBR) and also NBR Latex, Butadiene Rubber, Ethylene-Propylene-Diene Rubber (EPDM), Isobutene-Isoprene (Butyl) Rubber (IIR), Isoprene Rubber (IR), and Styrene-Butadiene Rubber (SBR) and also SBR Latex.
Subscribers now can access the last 24 trading months of World Trade Reports and Matrixes, and, during the one-year term of their subscription, an additional 12 months. This includes continual access to yearend data for two years.
Not all countries publish their trade statistics. All those that do, however, are included in ITP’s World Trade Reports and Matrixes, providing the most comprehensive coverage possible for liquefied gases, olefins, polyolefins, other major polymers, recyclable polymers, synthetic rubber products, vinyl monomers and others. ITP’s database now contains 100 countries and will be expanded as more countries become available.
Iran and UAE do not publish timely trade statistics, but, their exports are visible in large part from trading partner import statistics. For Iran, these show a drop in polyethylene exports through August 2020 and dependence on a limited number of markets; for UAE, these show export growth and a broader range of markets.Continue reading
As it did in 2009 during the financial crisis, China buttressed the global petrochemical industry with record imports of LLDPE and HDPE during the 2020 pandemic. Volume was heavy from May through October 2020. Much higher imports from North America (US), Eastern Europe (Russia) and other Asia-Pacific, and a drop in imports of LLDPE from the Middle East, were prominent supply changes.Continue reading
Western Europe’s exports soared as lower domestic demand reduced intra-regional trade flows and imports. Other exporting regions also increased shipments in 2020. Asia-Pacific and Eastern Europe saw strong import growth.Continue reading