Key trends over the period that contributed to the increased volume were: higher exports from North America; increased imports into Latin America, Asia-Pacific and Western Europe; and, increased trade within Western Europe and Asia-Pacific.
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HDPE Global Trade Volume Was Down 8% in the First Half of 2021; Trade in Linear Polymer was off 3%.
These regional trends were the same for both polymers: lower imports into Western and Eastern Europe and, with the biggest impact on global trade volumes, Asia-Pacific; increased imports into the smaller markets of Africa and Latin America; reduced exports from North America; mixed trends for Middle East exports; higher exports from Asia-Pacific.
Continue reading2.2 Million Tons of Ethylene Trade Was Added Globally From 2010 – 2019, but was Followed in 2020 by a Sharp Contraction.
The volume of ethylene traded globally rose from 5.8 million tons in 2010 to a high of 8 million tons in 2019, then slowed to 7.4 million tons in 2020 because of the pandemic. Regional trade flows shifted dramatically during that period.
Continue readingThe Volume of RPE Traded Globally Fell by 45% from 2016 to 2020, Dropping from 5.1 to 2.8 Million Tons
Key trends included: a dramatic drop in trade within the Asia-Pacific region; much lower imports into Asia-Pacific from other regions: much higher imports into Eastern Europe.
Continue readingTurkey’s Ban on Imports of R-PE Will Impact More Than 360,000 Tons of Exports From Western Europe
Public outcry in Turkey over piles of plastic waste dumped on roadsides, burning, and floating in rivers led the Turkish government to ban imports of recyclable polyethylene. In 2020, imports of RPE from Western Europe totaled 360,000 tons.
Continue readingTen-Year History of Western Europe’s Trade in Recyclable Polyethylene
Over the period 2011 to 2020 there has been a dramatic drop in Western Europe’s total exports to other regions, an increase in exports to Eastern Europe which only partially compensated for much lower volumes to Asia-Pacific, and, increased trade within the region.
Continue readingThe Volume of Recyclable PE Traded Globally in 2020 Rose by 9% From the Prior Year, to 2.8 Million tons.
Imports into Eastern Europe were particularly strong. Imports into Asia-Pacific also increased, despite China’s import ban. Expanded trade within Western Europe, Eastern Europe and North America were also factors in the increase.
Continue readingRecord Imports into China of LLDPE and HDPE, and, Changes in Suppliers
As it did in 2009 during the financial crisis, China buttressed the global petrochemical industry with record imports of LLDPE and HDPE during the 2020 pandemic. Volume was heavy from May through October 2020. Much higher imports from North America (US), Eastern Europe (Russia) and other Asia-Pacific, and a drop in imports of LLDPE from the Middle East, were prominent supply changes.
Continue readingDramatic Shifts in Butadiene Trade Flows in 2020
Western Europe’s exports soared as lower domestic demand reduced intra-regional trade flows and imports. Other exporting regions also increased shipments in 2020. Asia-Pacific and Eastern Europe saw strong import growth.
Continue readingMEG and DEG Global Trade Expanded at 5% per Year from 2017 to 2020; North America’s Market Share Climbed Sharply
Monoethylene glycol and diethylene glycol global trade volume has expanded each year from 2017 through 2020, with dramatic changes in trade flows between regions.
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