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 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.
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 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 readingUS Imports of Several Commodity Polymers Set New Records in July 2021
Imports of propylene polymers, styrenic polymers, PVC and PET all hit new highs in July on strong demand and tight supplies. Imports of ethylene polymers also surged. Hurricane Ida’s recent impact on US production capability is expected to further aggravate domestic supplies, especially for PVC and styrenics, increasing imports and reducing exports.
Continue readingUS Polyethylene Exports Rebounded in December and January, but the Upward Trend ends in February
US exports of polyethylene slumped from August through October 2020 in the aftermath of several hurricanes, then climbed back to record territory in December. Exports to China in January were up more than double from the prior January.
Continue readingRussia’s PE and PP Exports Soar in 2020; LPG Exports Drop
SIBUR’s addition of new polyolefins capacity in western Siberia was reflected in Russia’s export figures for 2020 which set new record highs for HDPE, LLDPE and PP. As a result, Russia exported substantially lower volumes of liquefied propane gas, which is used as a feedstock in the new plant.
Continue readingRecord Imports into China of LLDPE and HDPE, and, Changes in Suppliers
As it did in 2009 during the financial crisis, China buttressed the global petrochemical industry with record imports of LLDPE and HDPE during the 2020 pandemic. Volume was heavy from May through October 2020. Much higher imports from North America (US), Eastern Europe (Russia) and other Asia-Pacific, and a drop in imports of LLDPE from the Middle East, were prominent supply changes.
Continue readingChina’s Imports of Polyethylene Rebound in September; New Record Highs on Imports of HDPE and LDPE
After slowing in July and August, China’s imports of polyethylene rose strongly in September, 2020, and were accompanied by rising prices. Imports of conventional high pressure LDPE and HDPE set new records.
Continue readingGrowth in HDPE, LDPE and LLDPE Global Trade Volume
Trade expanded at widely varying rates from 2017 to 2020. HDPE grew at an average annual rate of 6.5%, LDPE at 2.5%, and LLDPE at 14%.
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