An increase by over 70% in imports from the US in 2018 resulted in lower imports into Western Europe from the Middle East, Asia-Pacific and Latin America.
Continue readingTag Archives: Western Europe
Trends in Western Europe’s Trade in Ethylene
Western Europe moved into first place in 2018 as the world’s largest exporter of ethylene monomer, ahead of the Middle East, North America and Latin America.
Continue readingTrends in Western Europe’s Trade in Propylene
The balanced nature of the propylene market in Western Europe in 2018 was evident in the region’s trade, with intra-regional trade up slightly from the prior year and declines on both imports and exports.
Continue readingTrends in Western Europe’s Trade in Butadiene
Western Europe is the world’s largest exporter of butadiene, shipping nearly 500,000 tons in 2018, up 14% partly on a jump in exports to North America.
Continue readingGlobal Methacrylates Trade up 6% in 2018
Over 1.4 million tons of methacrylates was traded globally in 2018, up 6% from 2017. The Middle East became the world’s largest methacrylates exporting region, surpassing North America and Western Europe.
Continue readingChina’s Polymer Trade in 2018
Much higher imports of polyethylene and styrenic polymers, reduced polymer imports from the US, no imports of recycle polymers, and, record high exports of fabricated plastic products characterized China’s trade in 2018.
Continue readingUS Exports of HDPE Hit New High
US exports of HDPE have trended higher through most of 2018, with volume of 2.1 million tons through October up 21% from the same period in 2017. A record 259,000 tons were shipped in the month of October.
Shipments increased to every region except the Middle East, with the largest percentage gains on exports to Western Europe and Asia Pacific.
Continue readingRegional Shifts in US Exports of Linear Low Density Polyethylene
Two main factors – the startup of new capacity plus tariffs on exports to China – have resulted in large regional shifts in US exports of linear PE. Exports have increased to all regions but especially to Western and Eastern Europe, and combined shipments to those regions now exceed those to Asia-Pacific.
Global Trade in Recycle Polyethylene Down 31% in 2018
Based on latest available statistics, ITP projects a volume of 3.2 million tons of recycle polyethylene traded globally in 2018. This is a decline of 31%, or 1.4 million tons, from 2017. Exports out of Western Europe and North America were particularly impacted, although shipments from all regions were down.
Global LNG Trade Projected Up 14% in 2018
A 14% increase in global LNG trade in 2018, to 318 million tons of imports and exports, is forecast by ITP based on the latest available statistics. This follows an 8% increase in global trade in 2017 versus 2016.