Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico - 2023

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico (CIF) - 2023
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico (CIF) - 2023

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,193 per ton in December 2023, shrinking by -22.7% against the previous month. In general, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 28% against the previous month. The import price peaked at $4,131 per ton in November 2023, and then contracted remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was France ($6,768 per ton), while the price for the United States stood at $2,806 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $1,265 per ton, approximately reflecting the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 15% against the previous year. As a result, the export price reached the peak level of $2,959 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +50.2% per year.

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

After two years of decline, purchases abroad of propylene, other olefin polymers; polyisobutylene in primary formses increased by 11% to 2.4K tons in 2022. In general, imports, however, continue to indicate a abrupt decrease.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses surged to $7.9M in 2022. Overall, imports, however, showed a deep setback.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.21.71.83.0-2.1%
Germany3.82.21.92.7-10.8%
Brazil1.61.61.30.8-20.6%
South KoreaN/AN/AN/A0.80%
France0.80.30.80.6-9.1%
Others0.20.2N/AN/A0.0%
Total9.76.05.87.9-6.6%

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

  1. United States (926.2 tons)
  2. Germany (526.5 tons)
  3. France (363.3 tons)
  4. South Korea (311.0 tons)
  5. Brazil (300.6 tons)

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico

In 2022, exports of propylene, other olefin polymers; polyisobutylene in primary formses from Mexico dropped rapidly to 238 kg, with a decrease of -99.8% compared with 2021. Overall, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 1,665%. As a result, the exports reached the peak of 126 tons, and then reduced markedly in the following year.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses reduced notably to $301 in 2022. Over the period under review, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 1,105% against the previous year. As a result, the exports reached the peak of $162K, and then dropped notably in the following year.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States97.313.51620.3-85.4%
OthersN/AN/AN/AN/A0%
Total97.313.51620.3-85.4%

Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Mexico in 2022:

  1. United States (238.0 kg)

Source: IndexBox Market Intelligence Platform

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