Feb 14, 2025
In 2024, overseas purchases of propene (propylene) increased by 75% to 41 tons, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2023 with an increase of 1,242%. Over the period under review, imports hit record highs at 87 tons in 2015; however, from 2016 to 2024, imports failed to regain momentum.
In value terms, propene imports contracted slightly to $111K (IndexBox estimates) in 2024. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 371% against the previous year. Imports peaked at $137K in 2015; however, from 2016 to 2024, imports failed to regain momentum.
In 2024, China (41 tons) was the main supplier of propene to Qatar, accounting for a approx. 100% share of total imports.
From 2014 to 2024, the average annual growth rate of volume from China amounted to +28.2%.
In value terms, China ($111K) constituted the largest supplier of propene (propylene) to Qatar.
From 2014 to 2024, the average annual rate of growth in terms of value from China totaled +11.3%.
In 2024, the propene price stood at $2,682 per ton (CIF, Qatar), with a decrease of -43.5% against the previous year. Overall, the import price, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 132% against the previous year. The import price peaked at $13,680 per ton in 2022; however, from 2023 to 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2014 to 2024, the rate of growth in terms of prices for the United States amounted to +65.0% per year.
This report provides an in-depth analysis of the propene market in Qatar. 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.
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:
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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
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Choosing the Best Countries to Establish Your Sustainable Supply Chain
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Choosing the Best Countries to Boost Your Exports
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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