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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The Rise and Fall of Global Paraxylene Trade
New para-xylene capacity in China and also in the Middle East and the rationalization of uncompetitive production in the US and Western Europe have massively changed global trade flows.
Continue readingTrends in Global Trade in Polypropylene and Propylene Copolymers in 2023
The volume traded globally of both polymers fell for the second year in a row, primarily on trends in Western Europe and Asia-Pacific.
Continue readingTrends in EVA Global Trade
Global trade in ethylene-vinyl-acetate copolymers increased by 76% from 2013 to 2023 (projected). On a regional level, over the last five years, there were strong gains on exports from Asia-Pacific, the Middle East and North America and on imports into Asia-Pacific, Africa and Eastern Europe. Western Europe’s trade in EVA declined.
Continue readingPET and PTA Trends in Global Trade in 2023
The volume of global trade in both products is projected to be lower in 2023 than in 2022, with profound shifts in flows between regions.
Continue readingTrends in Propylene Copolymers Global Trade
Global trade in propylene copolymers was 10 million tons in 2022, down 3% from the prior year. ITP projects another decline of 3% in 2023, to 9.7 million tons.
Continue readingTrends in Polypropylene Global Trade
Global trade in polypropylene homopolymer was 21.9 million tons in 2022, down 4% from the prior year. ITP projects a 3% decline in global trade volume in 2023, to 21.2 million tons.
Continue readingTrends in Ethylene-alpha-Olefins Copolymers Global Trade
Global trade in ethylene-alpha-olefins copolymers (EAOC) was 14.1 million tons in 2022. ITP projects a 7% increase in global trade in 2023, to 15.1 million tons.
Continue readingTrends 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 readingTrends in High Density Polyethylene Global Trade
Global trade in high density polyethylene in 2022 was 25.1 million tons. HDPE accounted for 37% of the 68 million tons of polyethylene traded globally that year.
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