Tag Archives: PMMA

ITP Projects Higher Global Trade Volume in 2024 For Many Widely Traded Polymers and Chemicals

Although final trade statistics for 2024 will not be available for many countries until March of 2025, ITP’s analysis of trends for individual countries indicates expanded global trade volume in 2024 for the majority of products. Increased global trade generally indicates increased demand.

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Most Widely-Traded Petrochemicals and Related Products Will Show Increased Global Trade Volume September 2024 YTD Versus September 2023 YTD

Gains or declines in global trade volume have wide-ranging implications for shippers, producers, marketers and planners.

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Western Europe Exports to Russia More of Most Major Polymers than it Imports from Russia, with the Exception of Polypropylene.

Western Europe’s polymer trade with Russia, particularly in polyolefins, styrenic polymers and PVC, will be impacted by sanctions and broken supply chains from the war in Ukraine.

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2019 – the Baseline Year Before Covid-19

2019 was a particularly important year as a baseline because it showed trends that were evolving globally before massive dislocations from Covid-19.

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Small Drop in China’s Tariffs on Polymer Imports from US

As of February 14, 2020, China will knock 2.5% off the punitive tariffs applied on imports of many polymers from the US. Most of the tariffs have been in effect since 2018.

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New Global Trade Coverage of PMMA

Because of the importance of PMMA in numerous end use applications, ITP has launched a new publication that provides comprehensive monthly coverage of PMMA polymer and sheet trade flows between countries and regions. The publication is based on detailed trade statistics from over 50 countries and captures nearly all of the world’s trade.

The first issue was published in September and covers trade through June 2012. Some of the trends visible in the first issue were:

1. The volume of PMMA polymer traded worldwide through June was 282,000 tons, down 2% from the same period last year. The volume of PMMA sheet traded was 258,000 tons, down 14%.

2.  Eastern Europe was the world’s highest volume importing region for PMMA; North America, Western Europe and Eastern Europe were the leading importers of sheet.

3.  China was the world’s top importing country for polymer, 112,746 tons, up 2%, and also for sheet, 48,800 tons, down 40%.

4. Asia-Pacific exports of PMMA polymer to Western Europe have nearly doubled year to date.

5. Asia-Pacific exports of PMMA sheet year to date have increased to Eastern Europe, North America, and, with the highest percentage gains, Latin America and the Middle East.