Tag Archives: Iran

Iran’s Petrochemical Exports Expand in the First Half of 2024.

Methanol, polyethylene (LDPE and HDPE) and mono-ethylene glycol were Iran’s leading petrochemical exports (excluding liquefied gases) in the first half of 2024. Shipments of each were up versus the same period in 2023, mainly on increased exports to China.

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Trends in China’s Polyolefin Polymer Trade Through February 2924

Polyethylene polymer import and export volumes were higher versus February YTD 2023, but at depressed prices. Imports of polypropylene were down sharply; low-priced export volumes climbed.

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Trends in China’s Trade in Commodity Polymers in 2023

China’s imports of commodity polymers as a total of all grades of PE, PP, styrenics, PVC and PET, declined for the third year in a row, a loss of nearly 10 million tons of volume over the 2020-2023 period. Exports of the combined total climbed for the third year in a row, increasing by nearly 7 million tons. Shipments of manufactured products identifiable as plastic showed a small gain of 0.7 million tons in 2023, rising to 16.7 million tons.

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Trends in LDPE/LLDPE Global Trade

Global trade in LDPE/LLDPE was 22.3 million tons in 2022. LDPE/LLDPE accounted for 33% of the 68 million tons of all grades of ethylene polymers traded globally that year.

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Expansion in Iran’s Exports of Liquefied Gases and Chemicals

Iran is a major exporter of liquefied gases and chemicals and the country’s shipments of these products have risen dramatically over the last five years.

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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.

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Contrasts Between Iran and United Arab Emirates Exports of Polyethylene

Iran and UAE do not publish timely trade statistics, but, their exports are visible in large part from trading partner import statistics. For Iran, these show a drop in polyethylene exports through August 2020 and dependence on a limited number of markets; for UAE, these show export growth and a broader range of markets.

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