Strong growth in exports of polypropylene out of the Middle East, and, in 2021 and 2022, also out of Asia-Pacific, were prominent trends in a comparison of regional exports from 2018 through 2022. Imports were mixed but generally increased into Western Europe, Eastern Europe, Africa and Latin America over the period.
Continue readingCategory Archives: Trade Trends
Trends in Polyethylene Exports and Imports by Region from 2018 to 2022
Much higher exports out of North America and flat exports out of the Middle East were evident from a comparison of regional exports from 2018 through 2022. On the import side, Western Europe, Eastern Europe, Africa and Latin America saw steady growth in imports.
Continue readingTrends in China’s Trade in Commodity Polymers in 2022
For the second year in a row, imports of commodity polymers into China were down and exports of most commodity polymers were up, the result of weak demand due to Covid lockdowns. The year ended with commodity polymer imports totaling 25 million tons, down 9% from 2021. This followed a 19% drop in 2021 versus 2020. Commodity polymer exports were 10.8 million tons in 2022, up 22%. This followed a 74% jump in 2021 versus 2020.
Continue readingUnderstanding Global Trade in Recyclable PE, Styrenics and PVC
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.
Continue readingGlobal 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.
Continue readingTrends in Global Trade in Liquefied Propane Gas
The volume of liquefied propane gas traded globally has expanded each year from 2015, with the exception of the pandemic year 2020. Exports from North America increased each year and have far exceeded exports from the Middle East.
Continue readingChina Reported Lower Imports of Most Major Polymers and Chemicals Through September, 2022
Of fifteen large volume imports, each exceeding 1 million tons, imports of only three products were up September 2022 YTD from the same period in 2021.
Continue readingWestern Europe’s Polyolefin Intra-regional Trade and Import Volumes Indicated Steady Demand Through July 2022
Although polyolefin demand in Western Europe will increasingly be impacted by economic and geopolitical forces, both intra-regional trade and imports into the region remained steady through July based on actual reported statistics.
Continue reading