Expansion of Asia-Pacific intra-regional trade, mainly on demand in China, accounted for most of the growth in the global total.Continue reading
2019 was a particularly important year as a baseline because it showed trends that were evolving globally before massive dislocations from Covid-19.Continue reading
Trade volume by year end is projected at 22 million tons, down 2% from 2018 based on the latest statistics from 50 countries. This compared with an 11% gain in global trade volume in 2018 versus 2017. Prominent trends in 2019 include a drop in Asia-Pacific intra-regional trade, increased exports from the Middle East, and lower shipments from North America.Continue reading
Imports for June 2019 fell to their lowest levels in two yearsContinue reading
China’s imports of most polymers and chemical were lower in the first half of 2016 than in the same period in the prior year. Exceptions were imports of: ethylene, EVA, propylene oxide and, especially, methanol. China’s exports of PVC, polypropylene, PTA, VAM and non-expandable polystyene surged. Shipments of polyethylene also were up. Continue reading
China’s imports of these basic chemicals increased by 15% to 100% in 2015 versus 2014.
The volume of p-xylene traded globally in 2015 was up 8% from 2014, indicating a significant increase in global demand. A strong expansion of trade within the Asia-Pacific region, lower imports into the region, much higher imports into North America and reduced exports were prominent trends during the year.
In contrast to trends in China, India’s imports of many basic chemicals and polymers posted large percentage increases through the third quarter of 2015 versus the same period in 2014. Continue reading
Iran’s exports of several large volume polymers and chemicals were up sharply in the first half of 2015 versus the prior year. These products were shipped primarily to just three markets, China, India and Turkey, a situation which will change should sanctions be lifted. Continue reading
In 2014, global trade in para-xylene totaled 15.8 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 12% from the same period in 2014, based on reporting countries. Global trade volume is an indicator of global demand.