The simultaneous jump to new highs in March of China’s exports of polyethylene, polypropylene, styrenic polymers, PVC and PET was unprecedented. A rebound in shipments after the holiday in February was expected and evident historically but new capacity was also indicated, particularly in polypropylene.
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Trends in China’s Polyolefin Trade Through February 2924
Polyethylene import and export volumes were higher versus February YTD 2023, but at depressed prices. Imports of polypropylene were down sharply; low-priced export volumes climbed.
Continue readingTrends in Global Trade in Polypropylene and Propylene Copolymers in 2023
The volume traded globally of both polymers fell for the second year in a row, primarily on trends in Western Europe and Asia-Pacific.
Continue readingTrends 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 readingChina’s Commodity Polymer Trade February 2023 YTD
China’s imports through February 2023 of polyethylene, China’s largest commodity polymer import, showed no change versus February 2022 YTD. Imports of polypropylene posted a moderate increase. On the export side, however, China shipped substantially more of each major commodity polymer than in the same period in 2022.
Continue readingRussia’s Polymer Imports/Exports in 2022
Although Russia stopped publishing trade statistics soon after invading Ukraine, the country’s trade is visible in large part from the statistics of trading partners. These show lower imports and exports of several key polymers in 2022.
Continue readingTrends in Polypropylene Exports and Imports by Region from 2018 to 2022
Strong growth in exports of polypropylene out of the Middle East, and, in 2021 and 2022, also out of Asia-Pacific, were prominent trends in a comparison of regional exports from 2018 through 2022. Imports were mixed but generally increased into Western Europe, Eastern Europe, Africa and Latin America over the period.
Continue readingTrends in China’s Trade in Commodity Polymers in 2022
For the second year in a row, imports of commodity polymers into China were down and exports of most commodity polymers were up, the result of weak demand due to Covid lockdowns. The year ended with commodity polymer imports totaling 25 million tons, down 9% from 2021. This followed a 19% drop in 2021 versus 2020. Commodity polymer exports were 10.8 million tons in 2022, up 22%. This followed a 74% jump in 2021 versus 2020.
Continue readingITP Projects China’s Imports of Polyolefins Down Substantially in 2022; Smaller Volume Exports are Projected Up, Especially for Polyethylene.
Weak demand in China as a result of stringent Covid restrictions was reflected in lower imports of polyolefins into China, and higher exports out of China, in each of the last two years.
Continue readingChina Reported Lower Imports of Most Major Polymers and Chemicals Through September, 2022
Of fifteen large volume imports, each exceeding 1 million tons, imports of only three products were up September 2022 YTD from the same period in 2021.
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