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.
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China’s September 2022 Trade Statistics are Delayed
Due to the on-going 20th CPC National Congress in Beijing, release of trade and other statistics is delayed, but trading partner statistics give an advance view.
Continue readingEU Bans Imports of Most Polymers from Russia
On October 6, 2022 the EU placed additional sanctions on almost 7 billion Euro’s worth of imports from Russia. These included most polymers.
Continue readingUS Exports of Ethylene Polymers August 2022 YTD Were 20% Higher Than August 2021 YTD but the Relative Distribution by Region Remained Almost Unchanged
The United States reported exports of 7.45 million tons of ethylene polymers through August, 2022, up 20% from the same period in 2021. Exports increased to every region but there were minor changes in each region’s percent of total.
Continue readingLower Polyolefin Exports from Russia Indicated by Trading Partner Import Statistics Through June 2022 and Projected Through August
Russia stopped publishing trade statistics after January 2022. Russia’s exports, however, are visible from trading partner import statistics in ITP’s World Trade Matrixes. These indicate declines for both Russia’s exports of polymers of ethylene and propylene.
Continue readingChina’s Imports of Polyethylene Picked up in August, 2022; Reduced Volumes YTD Changed Trade Flows Globally
After several slow months China’s imports of ethylene polymers in August 2022 were up by 140,000 tons from July. The 12% fall off in imports YTD, to 10.5 million tons, led to increased exports by Asia-Pacific exporters to Western and Eastern Europe and Africa.
Continue readingLNG Imports from Russia into Key Global Markets
Imports of LNG into China, South Korea, Japan and UK showed different trends through May/June, 2022.
Continue readingUkraine’s Exports Remained Depressed Through May, 2022, but Imports of Key Chemical Products Picked Up.
The start of the war in February, 2022, severely impacted Ukraine’s trade in chemical and other products. While export volumes remained depressed, imports of many products into Ukraine picked up in May, although not to pre-war levels.
Continue readingImports of Polypropylene into both Western Europe and Eastern Europe Plummeted in April 2022. YTD, Western Europe’s Imports were up; Eastern Europe’s Fell.
Two months into the war in Ukraine, import statistics for Western and Eastern Europe show different trends in imports from Russia on a YTD basis. Monthly import figures, however, show a sharp drop in April into both regions.
Continue readingMajor Shift to Europe in US Exports of LNG
US export figures through May, 2022, show not only surging export volumes but also a shift away from Asia-Pacific to Europe.
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