Tag Archives: Qatar

Petrochemical 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.

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Trends in EDC and VCM Global Trade

Global trade volume for both EDC and VCM trended upward from 2018 through 2020 but then diverged, with profound changes in regional, and country, imports and exports over the period.

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China’s LNG Imports were Down 21% May 2022 YTD from May 2021 YTD. Imports from US and Other Sources Fell Sharply; Qatar, Russia and Trinidad-Tobago Supplied Higher Volumes

Weak economic activity over the last several months was evident from the drop by over 3 million tons, 21%, in China’s imports of LNG through May, to 26.6 million tons.

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China’s Imports of Ethylene Polymers Were up 11% in 2020, to 21.3 M Tons, Although Volume Slowed in the Fourth Quarter

Imports of HDPE were 9.1 million tons in 2020, up 14% from the prior year; linear polymer as EAOC, 6.7 million tons, up 17%; LDPE, 3.4 million tons, down 1%; and EVA, 1.0 million tons, down 3%. Much higher volumes from North America and Eastern Europe and little growth in supplies from the Middle East were striking trends.

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Trends in Western Europe’s Imports of Polyethylene in 2019

Imports of linear low density polyethylene into Western Europe from North America are projected to nearly equal the region’s imports from the Middle East by year end 2019, based on latest available statistics from 90 countries. Imports of HDPE from North America are trending sharply higher. Imports of both LLDPE and HDPE from the Middle East declined in 2018 and are projected down in 2019.

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Caustic Soda World Trade

A new report on global trade in aqueous caustic soda projects 20.7 million tons of trade in 2019, up 3% from the prior year, based on latest available statistics from 60 countries. Statistics in the new Caustic Soda in Aqueous Solution World Trade Report project higher exports from all regions, except from the Middle East.

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LNG Imports into Western Europe Projected Up 75% in 2019 from 2018

Western Europe will import 63 million tons of LNG by year end 2019, based on projections from latest available statistics. Volumes from Eastern Europe and North America are expected to quadruple; supplies from other regions to rise 22 – 36%.

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Changes in China’s Imports of Polyethylene by Region

In April 2019, for the second month in a row, China’s imports of ethylene polymers hit a new record high. Year to date, reduced volumes from North America were offset by increased volumes from Asia-Pacific sources.

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