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%.
ITP’s analysis of global trade projects an 8% increase in the volume of PET polymer traded in 2014 versus 2013, to over 9 million tons. Higher global trade volume generally indicates higher global demand.
China exported PET at record levels from March through May of 2014, shipments easing moderately in June and July. Nearly all of this was bottle-grade polymer. After falling for several months, the average export price picked up slightly in July, to $1267/ton. Continue reading →
China’s exports of PET polymer, most of which is bottle-grade, reached a new record in July, 2013 of 217,000 tons. Shipments to all world regions increased, with the heaviest volumes exported to Asia-Pacific, Eastern Europe, Africa and Latin America. Continue reading →
To address the growing importance of Africa in global trade flows, ITP will be adding statistics for Kenya, Senegal, Tanzania and Zambia to its Newsletters and Annual Reviews. Coverage for the region currently includes statistics for South Africa, Nigeria and Egypt.