Trade volume for recyclable PE, styrenics and PVC has been relatively consistent over the last several years, despite changes in the amount of virgin polymer traded globally, fluctuations in the price of virgin polymer, government restrictions on imports of recyclable material, changing demand by brand owners, new technologies, and other factors. Trade flows between countries and regions have, however, changed.
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India is the World’s Top PVC Importer. Volume Jumped 70% in 2023
China continued as India’s leading source but imports from many other suppliers also surged, including Japan, Taiwan, South Korea and the United States.
Continue readingTrends in Recyclable Polypropylene Trade, and Proposed Changes to the Harmonized System (HS)
The volume of recyclable polypropylene that can be identified as traded globally was 862,000 tons in 2023, up 25% from 2022. Western Europe accounted for more than half of the total, based on available statistics.
Global trade volume is currently understated because statistics specifically for recyclable PP are available only for 52 countries. Other countries combine recyclable PP with recyclable PET and other polymers, excluding recyclable PE, styrenics and PVC, that are identified separately. If interested, this can potentially be changed by an appeal to the World Customs Organization.
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