UK Propylene Glycol Imports Decrease to $1,811 per Ton

UK Propylene Glycol Imports Decrease to $1,811 per Ton

In April 2023, the import price of propylene glycol in the United Kingdom (UK) declined to $1,811 per ton, showing a decrease of -1.8% compared to the previous month. The import price experienced a significant decline overall, with the most notable growth occurring in February 2023, where the average import price increased by 49% month-to-month. The import price peaked at $3,143 per ton in April 2022 but failed to regain momentum from May 2022 to April 2023. Among the major supplying countries, South Korea and Germany had the highest prices at $1,942 and $1,864 per ton, respectively, while the Netherlands and China had comparatively lower prices. South Korea also experienced a slight rate of growth in prices, while the other major suppliers saw a decline. The UK imported 1.7K tons of propylene glycol in April 2023, which marked a 30% increase from the previous month. Although imports showed mild expansion in general, the most significant rate of growth occurred in May 2022, with a 160% month-to-month increase that reached the peak of 3.8K tons. However, imports failed to regain momentum from June 2022 to April 2023. In terms of value, propylene glycol imports amounted to $3.1M in April 2023, indicating a perceptible contraction over the review period. France constituted the largest supplier to the UK, with a 63% share of total imports, followed by Germany with a fourfold lesser figure, and the Netherlands with a 5.9% share. France also had the highest value of imports, with a 61% share, followed by Germany and the Netherlands. The average monthly rates of growth in volume and value of imports from France were positive, while the remaining supplying countries showed mixed growth rates or declines.

Source: IndexBox Market Intelligence Platform

Comments

Post a Comment

Popular posts from this blog

China's Import of Diethanolamine Decreases Slightly to $4.8 Million in June 2023

Image
China Diethanolamine Imports In June 2023, China imported approximately 5.5K tons of diethanolamine and its salts, marking a 14.3% decline compared to the previous month. Overall, imports showed a relatively steady trend. The highest growth rate occurred in May 2023, with a 475% month-to-month increase. In terms of value, diethanolamine imports in June 2023 reached $4.8M according to IndexBox estimates. Imports continued to contract during the review period. The most rapid growth rate occurred in May 2023, with a 486% increase compared to the previous month. Imports by Country In June 2023, Saudi Arabia was the largest supplier of diethanolamine to China, accounting for 72% of total imports with 4K tons. Malaysia, the second-largest supplier, only provided 552 tons, a sevenfold difference compared to Saudi Arabia. Between June 2022 and June 2023, the average monthly growth rate of volume from Saudi Arabia was relatively modest. In terms of value, Saudi Arabia constituted 72% of total i
Read more

Maleic Anhydride Imports in Turkey Experience a Significant 36% Decrease in July 2023, Totaling $4M

Image
In July 2023, the volume of maleic anhydride imports in Turkey declined by 32.1% to 3.9K tons, marking the second consecutive month of decline after three months of growth. However, overall imports showed a noticeable expansion, with the most rapid growth recorded in August 2022 at a 140% increase compared to the previous month. In terms of value, maleic anhydride imports saw a significant drop to $4M in July 2023, according to estimates from IndexBox. Imports experienced a pronounced shrinkage during the review period, with the most pronounced growth occurring in August 2022, reaching a peak of $12M. From September 2022 to July 2023, import growth remained at a slightly lower figure. Russia, China, and South Korea were the main suppliers of maleic anhydride imports to Turkey, accounting for a combined 91% share of total imports. During the period from July 2022 to July 2023, Russia experienced the highest growth rate in terms of volume, with a CAGR of +24.0%, while other leading sup
Read more

Top Countries for Importing Chocolate and Confectionery Products Worldwide

Image
Chocolate and confectionery products have always been beloved treats across the globe due to their delicious flavors and indulgent qualities. As a result, the chocolate and confectionery industry has become a thriving sector, with many countries involved in the import and export of these delightful treats. In this article, we will discuss the leading import markets for chocolate and confectionery products worldwide, supported by data and statistics from the IndexBox market report. 1. United States The United States holds the top spot as the largest import market for chocolate and confectionery products with an impressive import value of $10.366 billion in 2022. The American population's deep love for sweets makes it a highly sought-after destination for confectionery imports. With a wide range of options available, from artisanal chocolates to iconic candy brands, the U.S. market caters to the diverse preferences of chocolate and confectionery enthusiasts. The country's large c
Read more