ITP projects MEG trade volume for 2018 of 15.1 million tons, up 1% from 2017. This compares with an increase of 10% from 2016 to 2017. The trend in global trade volume generally indicates the trend in world demand.
Tag Archives: Turkey
Trends in Recycle Polyethylene Trade
Global trade in recycle polyethylene was down 14% through June 2018, the loss of China as an import market partly offset by higher imports into other Asia-Pacific markets and also Turkey.
Western Europe Exported 2.4 Times as Much Recycle PE in 2017 as Did North America
Although virgin polyethylene production capacity is similar in both regions, Western Europe exported 1.4 million tons of recycle polyethylene in 2017, compared with 0.6 million tons exported by from North America.
Shipments in 2017 from both regions were mainly to Asia-Pacific, although 220,000 tons of its total was shipped by Western Europe to Eastern Europe. Exports from both Western Europe and North America declined versus 2016, by 15% and 9%, respectively.
As of January 2018, China’s imports of R-PE have virtually disappeared. Although R-PE imports into Vietnam, Malaysia, Turkey and other countries have been rising, their imports to date are much smaller than China’s. Because of the previous size of Western Europe’s R-PE exports, that region will likely be impacted by the loss of the Chinese market to a greater degree than will North America.
From International Trader Publications’ Recycle Polyethylene World Trade Review – a continuously updated on line analysis of trade trends between countries and regions, based on latest import/export statistics from 46 countries.
US Exports of LNG up 358%
The US exported 9.1 million tons of LNG through August 2017, up 358% from the same period in 2016. There were exports to many new markets, plus higher shipments to some of the same markets as in 2016.
Nearly 5 million tons of PE Film and Sheet is Traded Globally
Preliminary figures for 2016 indicate a 6% increase in global trade volume in polyethylene film and sheet, to just under 5 million tons.
Global Trade in Propylene Glycol up Slightly; Asia-Pacific Exports Rise to Several Markets
The volume of propylene glycol traded globally showed a 1% rise through August 2016, to over 600,000 tons, based on earliest available data.
Focus on: Iran’s Polymer and Chemical Exports in the First Half of 2015
Iran’s exports of several large volume polymers and chemicals were up sharply in the first half of 2015 versus the prior year. These products were shipped primarily to just three markets, China, India and Turkey, a situation which will change should sanctions be lifted. Continue reading
Polyethylene Sheets and Other Flat Products: Current Global Trade Trends
In 2014, global trade in polyethylene sheets and other flat products (film, foil and strip) totaled 4.4 million tons, up 2% from the prior year. Trade volume through June of 2015 was up 3% from the same period in the prior year, based on reporting countries. Global trade volume is an indicator of global demand.
Recycle Polyethylene: Current Global Trade Trends
In 2014, global trade in recycle polyethylene totaled 6.6 million tons, up 23%. Trade volume through June of 2015 was 2.6 million tons, down 13%, based on reporting countries. Global trade volume is an indicator of global demand.
PVC Sheets and Other Flat Products: Current Global Trade Trends
Nearly 800,000 tons of sheet and other flat products (film, foil and strip) made from PVC were traded globally in 2014, up 3% from the prior year. Trade volume through June of 2015 was down 3%, based on reporting countries. Global trade volume is an indicator of global demand.