HDPE Price in USA
United States: 1230 USD/MT
The price of HDPE Blow Moulding Grade in the country surged to 1230 USD/MT. Meanwhile, HDPE prices in the USA fluctuated throughout the fourth quarter of 2023.
The latest report by IMARC Group, titled "HDPE Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of hdpe prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
HDPE Prices December 2023:
- United States: 1230 USD/MT (HDPE Blow Moulding Grade)
- Japan: 954 USD/MT (HDPE Blow Moulding Grade)
- United Kingdom: 1238 USD/MT (HDPE Injection)
- UAE: 1048 USD/MT (HDPE Injection Molding)
- Brazil: 1068 USD/MT (HDPE Blow Moulding Grade)
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The study delves into the factors affecting hdpe price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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HDPE Price Trend- Q4 2023
The HDPE market in various regions experienced fluctuations in the fourth quarter of 2023 due to several factors. In North America, prices surged in October, stimulated by increased feedstock ethylene prices and robust demand from the construction, packaging, and automotive industries. However, towards the end of the quarter, a reduction in the market occurred, influenced by declining upstream naphtha and crude oil prices, as well as subdued demand across the globe. Despite steady domestic demand, reduced export inquiries from Asian traders and disruptions in supply, such as restrictions in the Panama Canal due to low water levels, contributed to the downward trend. Overall, the HDPE market trajectory was shaped by shifts in feedstock prices, global demand dynamics, and supply chain disruptions.
HDPE Market Analysis
The global HDPE market size reached US$ 81.3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 113.7 Billion, at a projected CAGR of 3.7% during 2023-2032. Moreover, in the Asia-Pacific region, HDPE prices followed a mixed trend in the last quarter of 2023. While Indian and Chinese markets declined initially, they rebounded in December. Conversely, Singapore, South Korea, and Japanese markets witnessed a declining approach. Factors influencing prices included fluctuations in feedstock ethylene costs, refinery maintenance activities in the Middle East impacting supply, and changes in international crude oil prices. Additionally, operational adjustments and plant shutdowns, such as Lianyungang Petrochemical in China, contributed to price fluctuations.
Furthermore, in Europe, prices inclined in October but declined for the rest of the quarter due to lackluster economic conditions, high product supplies, and low demand from downstream sectors. Producers faced cost pressures, leading to further price increments. Similarly, in the Middle East, prices initially rose due to sustained demand but declined marginally towards the end of the quarter, influenced by easing feedstock ethylene and crude oil costs, alongside bearish demand sentiments from Asian and European markets.
Meanwhile, South America experienced bearish prices attributed to slow domestic demand from the construction and automotive sectors, coupled with decreased feedstock ethylene costs. Overall, the HDPE market in the last quarter was shaped by a complex interplay of global economic conditions, regional demand dynamics, and fluctuations in feedstock prices.
Browse Full Report: https://www.imarcgroup.com/hdpe-pricing-report
Key Points Covered in the HDPE Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- HDPE Prices
- HDPE Price Chart
- HDPE Demand & Supply
- HDPE Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- HDPE Price Analysis
- HDPE Industry Drivers, Restraints, and Opportunities
- HDPE News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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