Tag Archives: global trade

ITP Projects Higher Global Trade Volume in 2024 For Many Widely Traded Polymers and Chemicals

Although final trade statistics for 2024 will not be available for many countries until March of 2025, ITP’s analysis of trends for individual countries indicates expanded global trade volume in 2024 for the majority of products. Increased global trade generally indicates increased demand.

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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.

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Polypropylene and Propylene Copolymers Global Trade Grew by over 3.5% per Year from 2016 to 2020

Polypropylene homopolymer global trade volume increased by 3.7% CAGR from 2016 through 2020 (projected). Propylene copolymers trade grew by 3.6% CAGR. For products that are widely traded, such as these polymers, growth in global trade volume generally reflects growth in global demand.

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Slower Growth in Global Trade Projected in 2019 for Liquefied Gases

Latest import/export statistics from all available countries indicate slower growth in global trade volume in 2019 for LNG, liquefied propane gas and liquefied butane gas versus 2018. Because global trade is driven by global demand, the trend in world trade volume generally indicates the trend in world demand.

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Global Trade Projected up 6%-9% in 2019 for Polyethylene; Down Slightly for Polypropylene

Latest import/export statistics from all available countries indicate strong growth in global trade volume for polyethylene by year end 2019 but a contraction for polypropylene. Because global trade is driven by global demand, the trend in world trade volume generally indicates the trend in world demand.

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Polystyrene – Major Trade Trends in 2014

ITP’s analysis of global trade in polystyrene indicates a 4% drop in the volume of general purpose polystyrene traded in 2014 versus 2013, to 3.3 million tons, and, a 2% increase in the volume of expandable polystyrene traded, to 2.2 million tons. Trends in global trade volume generally indicate trends in global demand.

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Propylene Copolymers – Major Trade Trends in 2014

ITP’s analysis of global trade in propylene copolymers – olefin polymers in which propylene is the predominant comonomer by weight, excluding homopolymer – indicates a 4% increase in the volume of polymer traded in 2014 versus 2013, to 7.9 million tons. Trends in global trade volume generally indicate trends in global demand.

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Polyethylene – Major Trade Trends in 2014

ITP’s analysis of global trade indicates a 3% increase in the volume of LDPE traded in 2014 versus 2013, to 12.1 million tons, a 1% decline in the volume of LLDPE traded, to 9.6 million tons, and, a 1% gain in the volume of HDPE traded, to 18.6 million tons. Trends in global trade volume generally indicate trends in global demand.  Continue reading