Market Dynamics

PP imports in Belarus remained in January - August 2014 at the level of 2013

Time: 2014-10-24 Source from: mrcplast

Imports of polypropylene (PP) to the Belarusian market were 53,400 tonnes in the first eight months of this year, remaining at the level of the previous year, according to MRC.

 
According to the National Statistical Committee of the Republic of Belarus PP imports in Belarus fell to 6,600 tonnes in August, compared to 7,200 tonnes in July on the back of a significant reduction in PP supplies from Russia (deficit in the Russian market). Total PP imports in the country were 53,400 tonnes in the first eight months of this year, which was practically equal to the same indicator in 2013 (53,300 tonnes).
 
A significant increase in demand for propylene copolymers from the local converters offset a decrease in the delivery of homopolymer PP, which is in more demand usually. Structure of PP delivery over the reported period looked as follows. 
 
August imports of homopolymer PP in the country fell to 4,300 tonnes, compared with 5,100 tonnes in July, because of 32% reduction in supplies from Russia. Imports of homopolymer PP in Belarus totalled just over 36,000 tonnes in January - August 2014, compared with 39,000 tonnes year on year. Key suppliers of homopolymer PP in Belarus were Russian producers, with 70% from the total imports in the country over the reported period. 
 
August imports of propylene copolymers seasonally increased to 2,300 tonnes, compared to 2,100 tonnes in July.
 
Imports of propylene copolymers in Belarus increased to 15,400 tonnes in the first eight months of the year, up 22% year on year. The main suppliers of propylene copolymers in the local market were producers from Germany with a share of about 61%, the share of Russian producers in this segment did not exceed 8%.
 
As it was written earlier, the import duty on all grades of polypropylene was reduced to 6.5% on 1, September 2014 from the previous (introduced on 2 September 2013), 9.1% for PP-homo and 8.3% for copolymers of propylene.
 
Import of all grades of PP from the CIS countries are not subject to import duty.
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