Tag Archives: HDPE

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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Polyethylene is Traded Globally in Three Forms

Global trade in virgin polyethylene, fabricated polyethylene products and recyclable polyethylene is quantifiable and gives a more complete understand of trends for this polymer.

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Most Widely-Traded Petrochemicals and Related Products Will Show Increased Global Trade Volume September 2024 YTD Versus September 2023 YTD

Gains or declines in global trade volume have wide-ranging implications for shippers, producers, marketers and planners.

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Advanced Look at Western Europe’s HDPE Polymer Imports

Although Eurostat statistics for polymers and other products are published three months after the trade month, an earlier view of import demand and the impact of shipping disruptions in the Red Sea can be obtained from trading partner export statistics.

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Trends in Polyolefin Polymer Trade in Western Europe in 2023

Polyolefin polymer demand in Western Europe in 2023 is measurable in part from the region’s intra-regional trade, its imports from other regions, and its exports to other regions. Lower intra-regional trade and lower imports indicate a drop in demand from one year to the next. These were evident in 2023 versus 2022 for LDPE, linear PE, HDPE, and PP homopolymer. Lower polymer demand in a region is also usually associated with an increase in a region’s exports, if conditions make this possible. Western Europe’s exports of HDPE did increase in 2023, but shipments of other polymers were constrained by low demand in other regions and surging exports from North America.

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Trends in Polyethylene Global Trade

The volume of polyethylene traded globally expanded strongly from 2013 through 2019 but then slowed and, in 2021 and 2022, contracted.

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Vietnam is a Major Importer of Many Polymers, Chemicals and Related Products

Polyolefins, PTA, liquefied propane gas, soda ash, PVC, MEG, PET and methanol were leading imports, with sizable volumes also of recyclable PE, ABS, polycarbonates and caustic soda.

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China 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.

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