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.
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PVC and PET are China’s Largest Polymer Exports. ITP Projects Shipments up 16% and 23%, Respectively, in 2022.
China’s exports of both polymers soared in 2021 and are projected still higher in 2022. Much higher shipments to Russia and Turkey, and for PVC, also India, factored in the gains.
Continue readingEU Bans Imports of Most Polymers from Russia
On October 6, 2022 the EU placed additional sanctions on almost 7 billion Euro’s worth of imports from Russia. These included most polymers.
Continue readingLower Polyolefin Exports from Russia Indicated by Trading Partner Import Statistics Through June 2022 and Projected Through August
Russia stopped publishing trade statistics after January 2022. Russia’s exports, however, are visible from trading partner import statistics in ITP’s World Trade Matrixes. These indicate declines for both Russia’s exports of polymers of ethylene and propylene.
Continue readingLNG Imports from Russia into Key Global Markets
Imports of LNG into China, South Korea, Japan and UK showed different trends through May/June, 2022.
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.
Continue readingMajor Shift to Europe in US Exports of LNG
US export figures through May, 2022, show not only surging export volumes but also a shift away from Asia-Pacific to Europe.
Continue readingChina’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.
Continue readingPolypropylene Imports Into Europe Jump in March
March 2022 was the first full month of trade after the February invasion of Ukraine by Russia. Uncertainty created by the war apparently resulted in higher imports of polypropylene homopolymer into both Eastern Europe and Western Europe in March.
Continue readingUkraine’s Exports Plummet
Ukraine is a sizable exporter of caustic soda, PVC, propylene monomer and polymers of ethylene, among other products. Shipments of all of these dropped sharply in March, the month after Russia’s invasion, and virtually disappeared in April and May.
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