Higher phenol exports from new capacity in Saudi Arabia was one factor in the 7% increase in global trade volume, to 3.0 million tons, projected for 2018.
Tag Archives: Middle East
Polypropylene Global Trade Volume Projected up 1% in 2018
ITP projects polypropylene homopolymer trade volume for 2018 of 20 million tons, up 1% from 2017. This compares with an increase of 5% in 2017 versus 2016. The trend in global trade volume generally indicates the trend in world demand.
Polyethylene Global Trade Volume Projected up 5% for 2018
ITP projects global trade volume in 2018 of 62 million tons in all polymers of ethylene (LDPE/LLDPE, HDPE, EAOC, Copolymers and EVA), up 5% from 2017. This compares with an increase of 7% in 2017 versus 2016. The trend in global trade volume generally indicates the trend in world demand.
Overview of Thailand’s Commodity Polymer Trade July 2018 YTD
There was a strong upward trend in Thailand’s exports of commodity polymers through most of the first seven months of the year. Imports of virgin commodity polymers were up slightly; imports of recycle polymers soared.
Overview of Korea’s Commodity Polymer Trade July 2018 YTD
Korea’s exports of commodity polymers expanded moderately in the first seven months of 2018, as did shipments of fabricated plastic products. Imports rose sharply. Korea exported less recycle polymers but imported more.
Trends in LNG Global Trade in 2017.
LNG global trade in 2017 was 280 million tons, up 8%.
Trends in Propylene Global Trade in 2017
Propylene monomer global trade in 2017 was 8.0 million tons, up 2% from 2016.
Trends in Ethylene Global Trade in 2017
Ethylene global trade in 2017 was 7.9 million tons up 10% from 2016.
Ethylene Polymer Imports into China up 18% in 2017, to 13.5 Million Tons
Imports were at record levels for most of the second half of 2017.
Middle East Propane Exports to Asia Down Two Years in a Row as North America’s Grow
Middle East exports of liquefied propane gas to Asia-Pacific are projected to be down 3% at yearend 2017, to 19.9 million tons. This follows a decline of 7% in Middle East shipments to the region in 2016 versus 2015. The Middle East’s much smaller exports to Africa also were down for the second year.
In contrast, North America’s exports to Asia-Pacific are projected to end up 18% in 2017, to 13.2 million tons. In 2016, North America’s shipments to that region had jumped 81% from the prior year.
North America’s exports to Western Europe and Latin America are projected to be down in 2017 but shipments to Eastern Europe and Africa have risen in each of the last two years.
US exports were 2.6 million tons in October and 2.4 million tons in November, both volumes near record levels. Shipments totaled 24.1 million tons through November, up 14% on higher volumes to Japan, China, Mexico, Korea and many others.
From International Trader Publications’ Liquefied Propane Gas World Trade Report – a continuously updated on line analysis of global trade based on statistics from 60 countries.