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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Understanding Global Trade in Recyclable PE, Styrenics and PVC
Between 2017 and 2022 the volume of global trade for these materials fell. The two main components of global trade, intra-regional trade plus exports to other regions also dropped, although with important differences by region.
Continue readingUS Exports of Ethylene Polymers August 2022 YTD Were 20% Higher Than August 2021 YTD but the Relative Distribution by Region Remained Almost Unchanged
The United States reported exports of 7.45 million tons of ethylene polymers through August, 2022, up 20% from the same period in 2021. Exports increased to every region but there were minor changes in each region’s percent of total.
Continue readingMajor Shift to Europe in US Exports of LNG
US export figures through May, 2022, show not only surging export volumes but also a shift away from Asia-Pacific to Europe.
Continue readingUS Exports of Ethylene Polymers Surged in March, 2022, and Continued High in April
Shipments totaled 3.2 million tons through April, up 5.3% from the same period in 2021, on a big gain to Western Europe and higher volumes to all other regions except Asia-Pacific.
Continue readingUnited States Exports of Ethylene Polymers in January 2022 Were at Their Highest Level in 10 Months
Despite the rise, shipments were still 20% below the record high volumes exported in January 2021. There was also a marked change in export destinations by region between the two periods.
Continue readingTrends in United States Exports of Recyclable Polymers
The US exported 557,000 tons of recyclable polymers in 2021, one-third the volume of what was shipped in 2017. In addition to a sharp decline in volume over that period, the distribution of US exports changed. Latin America and Canada now account for a greater share of the total, although Asia-Pacific remains the largest volume destination. Further declines in US exports to Asia-Pacific are likely given the decision by CMA CGM, the US’s largest shipper of these materials, to end shipments as of June 1, 2022.
Continue readingGlobal Trade in Caustic Soda Increased by 2.5 Million Tons from 2010 to 2020, With Additional Gains Projected for 2021
Key trends over the period that contributed to the increased volume were: higher exports from North America; increased imports into Latin America, Asia-Pacific and Western Europe; and, increased trade within Western Europe and Asia-Pacific.
Continue readingUS Exports of PVC Were Down 17% Through July; Further Declines Expected
The shutdown of several PVC facilities by Shintech, Westlake and Formosa Plastics due to Hurricane Ida will impact US exports, which were already down substantially from last year as of July.
Continue readingHDPE Global Trade Volume Was Down 8% in the First Half of 2021; Trade in Linear Polymer was off 3%.
These regional trends were the same for both polymers: lower imports into Western and Eastern Europe and, with the biggest impact on global trade volumes, Asia-Pacific; increased imports into the smaller markets of Africa and Latin America; reduced exports from North America; mixed trends for Middle East exports; higher exports from Asia-Pacific.
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