World - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

World - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights

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Propene Market

Propene market: download newly released information powered by an Ai-driven market intelligence platform. Data contain exports, market prices, imports, consumption, market size, companies, production, and trade. Here is a split by region, including the U.K., China, EU, the U.S., Latin America, Africa, the Middle East, and Russia. Market insights and outlook to 2030 are also featured in the snapshots.


Get FREE access to the latest data and statistics on the Propene Market.

Propene - World's Largest Markets

RatingCountry
1United States
2India
3Japan
4Brazil
5Bangladesh

In value terms, the United States, India and Japan constituted the countries with the highest levels of market value in 2020, together comprising 28% of the global market. Brazil, Bangladesh, Mexico, China, the UK, Saudi Arabia, Turkey, Russia, Germany and Iran lagged somewhat behind, together accounting for a further 28%.

Among the main consuming countries, Saudi Arabia recorded the highest growth rate of market size, over the period under review, while propene market for the other global leaders experienced more modest paces of growth.

Propene Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Spain999951685-17.2%
Japan996837716-15.2%
France1064960747-16.2%
Italy1027915755-14.3%
Thailand1024907758-14.0%
Germany1075953761-15.9%
Taiwan (Chinese)n/an/a7620.0%
Belgium11091082770-16.7%
South Korea1053893774-14.3%
Portugal1117985780-16.4%
United Kingdom1156908790-17.3%
Netherlands11191000797-15.6%
United States11701316931-10.8%
Average1061957769-14.8%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the United States ($931 per ton) and the Netherlands ($797 per ton), while Spain ($685 per ton) and Japan ($716 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United States105010231030-1.0%
South Korea1076928877-9.7%
Germany1125998841-13.5%
Indonesia8199298401.3%
Taiwan (Chinese)1104941831-13.2%
China1103931813-14.1%
Vietnam1061986809-12.7%
France1079914791-14.4%
Colombia1227888763-21.1%
Netherlands1075946753-16.3%
Belgium10931011753-17.0%
Mexico1069856737-17.0%
Poland1070928670-20.9%
Average1097938804-14.4%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($1,030 per ton), while Poland ($670 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced a decline in the import price figures.

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Propene - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China3.12.92-19.4%
Germany10.90.6-21.8%
Belgium0.40.40.516.5%
Netherlands0.50.60.3-18.9%
France0.40.30.3-16.9%

In value terms, China ($2B) constitutes the largest market for imported propene (propylene) worldwide, comprising 35% of global imports. The second position in the ranking was occupied by Germany ($588M), with a 10% share of global imports. It was followed by Belgium, with a 9% share.

From 2018 to 2020, the average annual growth rate of value in China totaled -19.4%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-21.8% per year) and Belgium (+16.5% per year).

Propene - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
South Korea1.81.51.2-18.7%
Netherlands0.90.80.6-17.6%
Japan0.70.70.5-13.0%
United States0.70.60.5-12.0%
Taiwan (Chinese)n/an/a0.30.0%

In value terms, South Korea ($1.2B) remains the largest propene supplier worldwide, comprising 22% of global exports. The second position in the ranking was occupied by the Netherlands ($578M), with a 11% share of global exports. It was followed by Japan, with a 10% share.

In South Korea, propene exports declined by an average annual rate of -18.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the Netherlands (-17.6% per year) and Japan (-13.0% per year).

Propene - Market Forecast

Depressed by shrinking demand for propene worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Propene - Product Coverage

  • HS 290122 - Acyclic hydrocarbons; unsaturated, propene (propylene)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global propene market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20141140 - Propene (propylene)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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Free Data: Propene (Propylene) - World