Price for Ethylene Polymers; Waste, Parings and Scrap in Iran - 2022

Contents:

  1. Price for Ethylene Polymers; Waste, Parings and Scrap in Iran (FOB) - 2022
  2. Price for Ethylene Polymers; Waste, Parings and Scrap in Iran (CIF) - 2022
  3. Exports of Ethylene Polymers; Waste, Parings and Scrap in Iran
  4. Imports of Ethylene Polymers; Waste, Parings and Scrap in Iran

Price for Ethylene Polymers; Waste, Parings and Scrap in Iran (FOB) - 2022

The average export price for ethylene polymers; waste, parings and scraps stood at $480 per ton in 2022, dropping by -29.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 91%. Over the period under review, the average export prices attained the peak figure at $838 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($697 per ton), while the average price for exports to Georgia ($327 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+10.0%), while the prices for the other major destinations experienced a decline.

Price for Ethylene Polymers; Waste, Parings and Scrap in Iran (CIF) - 2022

In 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $272 per ton, reducing by -12.2% against the previous year. Over the period under review, the import price saw a noticeable descent. The pace of growth appeared the most rapid in 2014 an increase of 72%. The import price peaked at $613 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iraq ($274 per ton), while the price for Germany totaled $136 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+4.2%).

Exports of Ethylene Polymers; Waste, Parings and Scrap in Iran

Exports of ethylene polymers; waste, parings and scraps from Iran surged to 2.9K tons in 2022, with an increase of 896% against the previous year. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,328%. As a result, the exports reached the peak of 7.2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ethylene polymers; waste, parings and scraps soared to $1.4M in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,365%. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Ethylene Polymers; Waste, Parings and Scrap in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey22.696.630.5332144.9%
Afghanistan13.014027.3262172.1%
China4.275.529.2191256.9%
Iraq6.996.029.1148177.8%
Tajikistan0.126.917.196.7888.9%
Georgia2.537.412.266.7198.8%
Uzbekistan9.022410.956.284.1%
Azerbaijan1111,7765.230.1-35.3%
Others6.610335.1203213.3%
Total1762,5761971,38699.0%

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Iran in 2022:

  1. Afghanistan (713.2 tons)
  2. China (581.9 tons)
  3. Turkey (476.2 tons)
  4. Iraq (248.1 tons)
  5. Tajikistan (227.4 tons)
  6. Georgia (204.2 tons)
  7. Uzbekistan (114.8 tons)
  8. Azerbaijan (90.1 tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Iran

In 2022, overseas purchases of ethylene polymers; waste, parings and scraps decreased by -6.8% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of 2K tons, and then declined in the following year.

In value terms, imports of ethylene polymers; waste, parings and scraps shrank sharply to $499K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports reached the peak of $610K, and then fell significantly in the following year.

Import of Ethylene Polymers; Waste, Parings and Scrap in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq31838146749215.7%
PakistanN/AN/A108N/A0%
Others7.67.234.06.6-4.6%
Total32538861049915.4%

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Iran in 2022:

  1. Iraq (1793.9 tons)

Source: IndexBox Market Intelligence Platform

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