LLDPE Price Fluctuation, Trend, Historical Chart and Forecast Data

LLDPE (Film) Price Trend Analysis: YoY Comparison and 2025 Outlook

The Linear Low-Density Polyethylene (LLDPE) film market in China has shown mixed trends over the last three months of 2023 and 2024, reflecting various macroeconomic and industry-specific factors.

In October 2024, the price of LLDPE film stood at USD 1,172 per ton, marking a modest year-on-year (YoY) increase of 1% from USD 1,158 per ton in October 2023. This marginal growth was largely attributed to a brief improvement in sentiment driven by restocking activities and slight fluctuations in feedstock prices.

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November 2024 saw a sharper increase, with prices rising to USD 1,196 per ton compared to USD 1,137 per ton in November 2023, resulting in a 5% YoY gain. This stronger upward movement was supported by supply adjustments from major producers and temporary logistical bottlenecks. However, despite this rise, demand from downstream sectors such as packaging and agriculture remained relatively subdued, limiting sustained price momentum.

Interestingly, in December 2024, prices fell slightly to USD 1,129 per ton, though still showing an 8% YoY increase from USD 1,137 per ton in December 2023. This decline reflects fading buying interest, year-end inventory corrections, and a relatively balanced market sentiment.

Looking ahead to 2025, Expert Market Research suggests that LLDPE film prices may remain volatile. Although some early gains could occur, they are likely to taper off due to weak demand, stable production levels, and persisting global trade uncertainties. Factors such as geopolitical risks, energy price fluctuations, and changes in recycling regulations may further influence price directions. Overall, while modest upward movement may occur in the short term, the long-term trajectory remains cautious, with no strong bullish catalysts evident in the near future.

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Global LLDPE (Film) Market Overview: Exporters, Importers, and Key Suppliers

The global trade of Linear Low-Density Polyethylene (LLDPE) film is driven by a few dominant players on both the export and import sides. These movements are influenced by regional production capacities, raw material availability, and downstream demand in sectors such as packaging, agriculture, and consumer goods.

Leading Exporting Countries

The United States is a top exporter of LLDPE film, benefiting from its competitive feedstock advantage due to shale gas and the presence of major petrochemical producers. Saudi Arabia is another major exporter, leveraging its extensive oil and gas reserves to support large-scale polymer production. Singapore also plays a strategic role as a regional hub in Asia with advanced infrastructure and port facilities. South Korea and Belgium are strong European and Asian exporters respectively, with well-established chemical manufacturing sectors. Meanwhile, Thailand, the UAE, and Qatar continue to expand their presence in the LLDPE export market through government-backed industrial development in petrochemicals.

Leading Importing Countries

China remains the world's largest importer of LLDPE film, driven by massive domestic demand in manufacturing and flexible packaging. India follows closely, with growing industrialization and consumption trends increasing its reliance on imports. In Europe, Italy and Germany import significant volumes to support their advanced processing industries. Turkey is also a key importer due to its strategic location and strong manufacturing base. In Southeast Asia, Vietnam and Indonesia show rising import volumes aligned with growing demand in packaging and construction. Brazil, the largest economy in South America, represents a major import market in the region.

Major Global Suppliers

The supply side of the LLDPE market is dominated by a handful of global chemical giants. ExxonMobil Corporation and Dow Inc., both based in the USA, are key producers with vast global distribution networks. LyondellBasell, headquartered in the Netherlands, is a major European player with significant global output. SABIC of Saudi Arabia is a state-backed leader with large-scale integrated production. Chevron Phillips Chemical (CPChem), also based in the U.S., is another major supplier. INEOS (UK/Switzerland), Reliance Industries Limited (India), and Borealis AG (Austria) complete the list of top suppliers, each playing a significant role in global trade and pricing dynamics. These companies not only supply LLDPE but also drive innovation and sustainability trends within the polymer industry.

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Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices

How Claight Corporation (Expert Market Research) Database Can Help

The latest report by Expert Market Research, "LLDPE Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for LLDPE. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.

Drawing from in-depth research, the report analyses the primary factors influencing LLDPE prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.

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