Imports into Eastern Europe were particularly strong. Imports into Asia-Pacific also increased, despite China’s import ban. Expanded trade within Western Europe, Eastern Europe and North America were also factors in the increase.
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China’s Imports of Ethylene Polymers Were up 11% in 2020, to 21.3 M Tons, Although Volume Slowed in the Fourth Quarter
Imports of HDPE were 9.1 million tons in 2020, up 14% from the prior year; linear polymer as EAOC, 6.7 million tons, up 17%; LDPE, 3.4 million tons, down 1%; and EVA, 1.0 million tons, down 3%. Much higher volumes from North America and Eastern Europe and little growth in supplies from the Middle East were striking trends.
Continue readingRecord Imports into China of LLDPE and HDPE, and, Changes in Suppliers
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 readingDramatic Shifts in Butadiene Trade Flows in 2020
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 readingMEG and DEG Global Trade Expanded at 5% per Year from 2017 to 2020; North America’s Market Share Climbed Sharply
Monoethylene glycol and diethylene glycol global trade volume has expanded each year from 2017 through 2020, with dramatic changes in trade flows between regions.
Continue readingMajor Trends in Recyclable Polyethylene World Trade
The volume of recyclable polyethylene traded globally has fallen by more 50% from 2015, resulting in profound changes in regional trade flows.
Continue readingNew Capacity in North America Impacts Middle East Polyethylene Exports
North America exported higher volumes of polyethylene to every world region through May 2020, while Middle East exports to every region were down.
Continue readingUS Exports of Ethylene Polymers Reach a New High in March 2020
The impact of the pandemic was not yet evident in US exports of ethylene polymers in the first quarter, which climbed each month to an all-time monthly high of 975,000 tons in March.
Continue readingChina’s Imports of Polymers, and, Exports of Fabricated Plastic Products Showed Relatively Small Declines in Q1 of 2020. Exports of PE and PP set new records in March.
Imports of commodity polymers totaled 6.8 million tons in the first quarter, down 5% from the same period, pre-Covid-19, in 2019. Exports of a basket of fabricated plastic products were down 3%, to 2.6 million tons.
Continue readingLNG Imports into Western Europe Projected Up 75% in 2019 from 2018
Western Europe will import 63 million tons of LNG by year end 2019, based on projections from latest available statistics. Volumes from Eastern Europe and North America are expected to quadruple; supplies from other regions to rise 22 – 36%.
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