Price for Ethylene Polymers; Waste, Parings and Scrap in the Netherlands - 2023
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in the Netherlands (FOB) - 2023
- Price for Ethylene Polymers; Waste, Parings and Scrap in the Netherlands (CIF) - 2023
- Exports of Ethylene Polymers; Waste, Parings and Scrap in the Netherlands
- Imports of Ethylene Polymers; Waste, Parings and Scrap in the Netherlands
Price for Ethylene Polymers; Waste, Parings and Scrap in the Netherlands (FOB) - 2023
The average export price for ethylene polymers; waste, parings and scraps stood at $419 per ton in November 2023, waning by -8.7% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 13% against the previous month. As a result, the export price reached the peak level of $483 per ton. From June 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was France ($665 per ton), while the average price for exports to Malaysia ($225 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.2%), while the prices for the other major destinations experienced a decline.
Price for Ethylene Polymers; Waste, Parings and Scrap in the Netherlands (CIF) - 2023
The average import price for ethylene polymers; waste, parings and scraps stood at $349 per ton in November 2023, standing approximately at the previous month. In general, the import price, however, recorded a mild reduction. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 12% against the previous month. Over the period under review, average import prices hit record highs at $407 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Poland ($473 per ton), while the price for the UK ($292 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Denmark (+0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Ethylene Polymers; Waste, Parings and Scrap in the Netherlands
In 2022, shipments abroad of ethylene polymers; waste, parings and scraps decreased by -15.6% to 306K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of 362K tons, and then fell sharply in the following year.
In value terms, exports of ethylene polymers; waste, parings and scraps rose notably to $167M in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 102% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Ethylene Polymers; Waste, Parings and Scrap in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 6.6 | 16.8 | 34.8 | 41.2 | 84.1% |
| Germany | 15.6 | 13.2 | 21.3 | 28.5 | 22.2% |
| Belgium | 15.8 | 12.4 | 20.3 | 24.9 | 16.4% |
| Turkey | 5.6 | 6.8 | 5.8 | 14.9 | 38.6% |
| France | 2.5 | 5.6 | 8.6 | 13.6 | 75.9% |
| Malaysia | 0.3 | 1.4 | 14.4 | 10.5 | 227.1% |
| Vietnam | 1.9 | 1.6 | 14.8 | 9.6 | 71.6% |
| India | 2.4 | N/A | 4.5 | 0.1 | -65.3% |
| Others | 10.9 | 14.9 | 22.0 | 23.5 | 29.2% |
| Total | 61.5 | 72.5 | 146 | 167 | 39.5% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from the Netherlands in 2022:
- Indonesia (72.5K tons)
- Belgium (46.4K tons)
- Germany (37.3K tons)
- Turkey (34.6K tons)
- Malaysia (30.0K tons)
- Vietnam (28.8K tons)
- France (16.9K tons)
- India (0.1K tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in the Netherlands
In 2022, supplies from abroad of ethylene polymers; waste, parings and scraps decreased by -11% to 298K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 44% against the previous year. As a result, imports reached the peak of 348K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of ethylene polymers; waste, parings and scraps skyrocketed to $135M in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Ethylene Polymers; Waste, Parings and Scrap in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.7 | 35.7 | 48.6 | 42.9 | 8.4% |
| United Kingdom | 8.0 | 10.2 | 23.4 | 39.3 | 70.0% |
| Belgium | 8.1 | 9.6 | 13.1 | 18.9 | 32.6% |
| France | 7.4 | 8.3 | 6.8 | 6.5 | -4.2% |
| Poland | 0.8 | 1.0 | 1.9 | 3.8 | 68.1% |
| Finland | 0.1 | 0.4 | 1.0 | 3.5 | 227.1% |
| Denmark | 1.2 | 1.3 | 2.0 | 3.4 | 41.5% |
| Sweden | 1.5 | 1.4 | 2.6 | 3.3 | 30.1% |
| Ireland | 2.1 | 2.6 | 1.3 | 2.0 | -1.6% |
| Others | 3.6 | 5.9 | 7.3 | 11.3 | 46.4% |
| Total | 66.4 | 76.4 | 108 | 135 | 26.7% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to the Netherlands in 2022:
- Germany (93.3K tons)
- United Kingdom (85.9K tons)
- Belgium (42.5K tons)
- France (14.9K tons)
- Denmark (9.0K tons)
- Poland (8.1K tons)
- Finland (7.4K tons)
- Sweden (6.9K tons)
- Ireland (5.9K tons)
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