Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Algeria - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Algeria (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Algeria

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Algeria (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $3,464 per ton, declining by -16.8% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 56% against the previous year. The import price peaked at $5,264 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Spain ($4,006 per ton), while the price for South Korea ($1,548 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.3%), while the prices for the other major suppliers experienced a decline.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Algeria

In 2022, overseas purchases of propylene, other olefin polymers; polyisobutylene in primary formses decreased by -22.7% to 95 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. As a result, imports attained the peak of 624 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses shrank rapidly to $331K in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2020 when imports increased by 71%. As a result, imports attained the peak of $3.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4081,285339253-14.7%
France12221550.619.2-46.0%
South Korea28.854.214.49.0-32.1%
Austria24.648.512.87.9-31.5%
Egypt21.433.710.26.3-33.5%
Belgium21.438.99.76.2-33.8%
Italy15.526.17.54.6-33.3%
Others1,1701,39469.624.8-72.3%
Total1,8123,096514331-43.3%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Algeria in 2022:

  1. Spain (63.1 tons)
  2. France (6.7 tons)
  3. South Korea (5.8 tons)
  4. Egypt (4.0 tons)
  5. Belgium (2.4 tons)
  6. Austria (2.0 tons)
  7. Italy (1.5 tons)

Source: IndexBox Market Intelligence Platform

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