Imports of PE and PP from Eastern Europe increased in both 2020 and 2021. Large volumes of polymer were imported from the Middle East, Asia-Pacific, North America and other regions, despite widely discussed logistics issues.
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The Volume of LNG Traded Globally Expanded by Over 100 million tons from 2012-2020
Volume went from 233 million tons in 2012 to 338 million tons in 2020, with further gains projected for 2021.
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 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.
Continue reading2.2 Million Tons of Ethylene Trade Was Added Globally From 2010 – 2019, but was Followed in 2020 by a Sharp Contraction.
The volume of ethylene traded globally rose from 5.8 million tons in 2010 to a high of 8 million tons in 2019, then slowed to 7.4 million tons in 2020 because of the pandemic. Regional trade flows shifted dramatically during that period.
Continue readingThe Volume of RPE Traded Globally Fell by 45% from 2016 to 2020, Dropping from 5.1 to 2.8 Million Tons
Key trends included: a dramatic drop in trade within the Asia-Pacific region; much lower imports into Asia-Pacific from other regions: much higher imports into Eastern Europe.
Continue readingThe Volume of Recyclable PE Traded Globally in 2020 Rose by 9% From the Prior Year, to 2.8 Million tons.
Imports into Eastern Europe were particularly strong. Imports into Asia-Pacific also increased, despite China’s import ban. Expanded trade within Western Europe, Eastern Europe and North America were also factors in the increase.
Continue readingChina’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.
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 readingDramatic Shifts in Butadiene Trade Flows in 2020
Western Europe’s exports soared as lower domestic demand reduced intra-regional trade flows and imports. Other exporting regions also increased shipments in 2020. Asia-Pacific and Eastern Europe saw strong import growth.
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