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  December 25th, 2023 | Written by

The World’s Best Import Markets for Propene

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Propene, also known as propylene, is a widely used chemical compound that serves as a key building block in the production of various plastic and chemical products. As a result, there is a significant global demand for propene, and several import markets have emerged as major players in the trade of this essential chemical.

In this article, we will explore the world’s best import markets for propene, highlighting key statistics and import values for each country. The data used in this analysis is sourced from the IndexBox market intelligence platform, a valuable resource for business professionals looking to gain insights into global import-export trends.

1. China

China stands out as the world’s largest import market for propene, with an import value of $2.4 billion in 2022. The country’s rapid industrialization and growing demand for plastic and chemical products have contributed to this significant import volume. China’s propene imports primarily come from countries like Germany, Belgium, and the Netherlands.

2. Germany

Germany holds the second position in terms of propene import value, with $860.6 million in 2022. The country’s robust manufacturing sector and extensive chemical industry drive the demand for propene. Germany relies heavily on imports to meet its propene requirements, with major suppliers including Belgium, the Netherlands, and France.

3. Belgium

Belgium secures the third spot on our list, with an import value of $834.1 million in 2022. The country’s strategic location and well-established transportation infrastructure make it a prime import destination for propene. Belgium’s propene imports primarily come from Germany, the Netherlands, and France.

4. Netherlands

The Netherlands ranks fourth in terms of propene import value, with an estimated import value of $714.0 million in 2022. The country’s robust refining and petrochemical industry contribute to its significant propene imports. The major suppliers of propene to the Netherlands include Germany, Belgium, and France.

5. France

France occupies the fifth position in the list, with an import value of $491.9 million in 2022. The country’s diverse industrial sector, including the automotive, electronics, and chemicals industries, drives the demand for propene. While France imports propene from various countries, its major suppliers are Germany, Belgium, and the Netherlands.

6. Colombia

Colombia emerges as a significant import market for propene, with an import value of $408.9 million in 2022. The country’s increasing industrial development and growing demand for plastic products contribute to its propene imports. Colombia primarily imports propene from the United States and other North American countries.

7. Taiwan (Chinese)

Taiwan holds the seventh position on our list, with an import value of $199.4 million in 2022. The country’s rapidly expanding chemical industry and high demand for plastic products drive its propene imports. Major suppliers of propene to Taiwan include South Korea, Japan, and the United States.

8. Indonesia

Indonesia emerges as another key import market for propene, with an import value of $191.5 million in 2022. The country’s growing manufacturing sector and expanding chemical industry contribute to its propene imports. Indonesia primarily imports propene from Singapore, Malaysia, and South Korea.

9. Mexico

Mexico secures the ninth position on our list, with an import value of $177.6 million in 2022. The country’s flourishing automotive industry and other manufacturing sectors fuel the demand for propene. Mexico imports propene primarily from the United States, Canada, and Spain.

10. Poland

Poland completes our list of the world’s best import markets for propene, with an import value of $170.5 million in 2022. The country’s growing chemical industry and increasing demand for plastic products contribute to its propene imports. Poland primarily imports propene from countries like Germany, the Netherlands, and Russia. Propene continues to be an essential component in the production of various plastic and chemical products. The import markets discussed in this article play a critical role in meeting the global demand for propene, with China leading the way as the largest importer. The key statistics and import values provided offer valuable insights into the dynamics of this global market.

The IndexBox market intelligence platform is an excellent resource for businesses and industry professionals seeking in-depth analysis and data on various import-export markets, including propene. By leveraging the platform’s comprehensive datasets and advanced analytics, users can gain valuable insights to inform their business strategies and drive growth.

Source: IndexBox Market Intelligence Platform