Western Europe will import 63 million tons of LNG by year end 2019, based on projections from latest available statistics. Volumes from Eastern Europe and North America are expected to quadruple; supplies from other regions to rise 22 – 36%.Continue reading
There was a significant spike in Eastern European exports of LNG that largely went to Western Europe, and, a pronounced increase in intraregional trade mainly between Russia and Lithuania.Continue reading
Latest import/export statistics from all available countries indicate slower growth in global trade volume in 2019 for LNG, liquefied propane gas and liquefied butane gas versus 2018. Because global trade is driven by global demand, the trend in world trade volume generally indicates the trend in world demand.Continue reading
Continued growth in expandable polystyrene demand in Eastern Europe was evident from both the region’s higher intra-regional trade and also higher imports over the last three years from 2015 through 2018. For the first time over that period, in 2018 Eastern Europe’s imports from Western Europe slipped.Continue reading
Western Europe moved into first place in 2018 as the world’s largest exporter of ethylene monomer, ahead of the Middle East, North America and Latin America.Continue reading
The balanced nature of the propylene market in Western Europe in 2018 was evident in the region’s trade, with intra-regional trade up slightly from the prior year and declines on both imports and exports.Continue reading
Western Europe is the world’s largest exporter of butadiene, shipping nearly 500,000 tons in 2018, up 14% partly on a jump in exports to North America.Continue reading
Over 1.4 million tons of methacrylates was traded globally in 2018, up 6% from 2017. The Middle East became the world’s largest methacrylates exporting region, surpassing North America and Western Europe.Continue reading
Two main factors – the startup of new capacity plus tariffs on exports to China – have resulted in large regional shifts in US exports of linear PE. Exports have increased to all regions but especially to Western and Eastern Europe, and combined shipments to those regions now exceed those to Asia-Pacific.
A 14% increase in global LNG trade in 2018, to 318 million tons of imports and exports, is forecast by ITP based on the latest available statistics. This follows an 8% increase in global trade in 2017 versus 2016.