The volume traded globally of both polymers fell for the second year in a row, primarily on trends in Western Europe and Asia-Pacific.
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Trends in Polypropylene Global Trade
Global trade in polypropylene homopolymer was 21.9 million tons in 2022, down 4% from the prior year. ITP projects a 3% decline in global trade volume in 2023, to 21.2 million tons.
Continue readingImports of Polypropylene into both Western Europe and Eastern Europe Plummeted in April 2022. YTD, Western Europe’s Imports were up; Eastern Europe’s Fell.
Two months into the war in Ukraine, import statistics for Western and Eastern Europe show different trends in imports from Russia on a YTD basis. Monthly import figures, however, show a sharp drop in April into both regions.
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