Startup of the Liwa Plastics Industry Complex in Sohar in 2020/2021 boosted Oman’s production capacity for polyethylene by 880,000 tons per year, and polypropylene by 300,000 tons per year. This led to a surge in exports, although lower global demand and increased competition, among other factors, impacted shipments in 2024 and are projected to also affect 2025.
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Sharp Drop in China’s Imports of Liquefied Propane Gas from US
In 2024, China reported imports of liquefied propane gas from the US of 17.3 million tons, up 37% from 2023. Through August of 2025, China’s imports from US were down 28%, to 8.2 million tons, the shortfall filled by Middle East and other sources.
Continue readingITP Projects PP Homopolymer Global Trade Volume in 2025 Up 2% vs. 2024, Copolymers Volume, Unchanged; Middle East and APAC Battle for European and African Markets as China’s Exports Soar.
Polypropylene homopolymer global trade is projected at 22.5 million tons in 2025, up 2% from 2024; propylene copolymers trade adds another 10.3 million tons, unchanged.
Continue readingChina to Raise Naphtha Imports to Counter Ethane and LPG Trade Uncertainties
Although trade tensions have decreased, the higher tariffs in effect and earlier supply disruptions impacting ethane and liquefied propane gas imports from the US have led China to double import quotas on naphtha, which is used mainly to make petrochemicals.
Continue readingThe Middle East’s ABS, SAN, Polyacetal, Polycarbonate, PMMA, and PET Trade in 2024: Key Trends and Regional Shifts
The Middle East’s largest volume engineering polymer exports were polycarbonates, PET, and ABS. The largest imports were PET and polycarbonates.
Continue readingIran’s Petrochemical Exports Expand in the First Half of 2024.
Methanol, polyethylene (LDPE and HDPE) and mono-ethylene glycol were Iran’s leading petrochemical exports (excluding liquefied gases) in the first half of 2024. Shipments of each were up versus the same period in 2023, mainly on increased exports to China.
Continue readingPetrochemical Trade – Turkey Aims to Accelerate Free Trade Negotiations with the GCC, Potentially Impacting 1.8 Million Tons of Polyolefin Imports – International Trader Publications
Turkey imported 668,000 tons of polyethylene and 1.1 million tons of polypropylene from the GCC in 2023. The duty rate was 6.5% on virtually all grades.
Continue readingThe 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 readingChina’s Imports of Polyethylene Picked up in August, 2022; Reduced Volumes YTD Changed Trade Flows Globally
After several slow months China’s imports of ethylene polymers in August 2022 were up by 140,000 tons from July. The 12% fall off in imports YTD, to 10.5 million tons, led to increased exports by Asia-Pacific exporters to Western and Eastern Europe and Africa.
Continue readingImports of Film and Sheet from PE, PP and PET Surge into the US in April.
During the worst month of the pandemic, the United States sharply increased imports of film and sheet made from polyethylene, polypropylene and PET, volumes of each in April at or near record levels. These polymers, among others, are used for personal protective equipment.
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