EU: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in the EU

In 2022, the EU market for polyethylene with a specific gravity of less than X, in primary forms increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, showed a slight downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in the EU

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible decrease. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports in the EU

After two years of growth, overseas shipments of polyethylene with a specific gravity of less than X, in primary forms decreased by X% to X tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of export peaked at X tons in 2021, and then dropped in the following year.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms dropped to $X in 2022. Total exports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Belgium (X tons), the Netherlands (X tons) and Germany (X tons) represented roughly X% of total exports in 2022. Spain (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%) and Sweden (X%). Slovakia (X tons), Austria (X tons), Italy (X tons), Finland (X tons), Portugal (X tons), Hungary (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene with a specific gravity of less than X supplying countries in the European Union were Belgium ($X), the Netherlands ($X) and Germany ($X), with a combined X% share of total exports. Spain, Sweden, France, Austria, Italy, Slovakia, Finland, Portugal, Poland and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price saw a mild increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Italy ($X per ton) and Sweden ($X per ton), while Spain ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports in the EU

In 2022, approx. X tons of polyethylene with a specific gravity of less than X, in primary forms were imported in the European Union; falling by X% against the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank slightly in the following year.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms shrank to $X in 2022. Total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Germany (X tons), Belgium (X tons), Italy (X tons), Poland (X tons), France (X tons), the Netherlands (X tons) and Spain (X tons) represented the main importer of polyethylene with a specific gravity of less than X, in primary forms in the European Union, generating X% of total import. The following importers - Sweden (X tons), Greece (X tons), the Czech Republic (X tons), Portugal (X tons), Finland (X tons) and Austria (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene with a specific gravity of less than X importing markets in the European Union were Germany ($X), Belgium ($X) and Italy ($X), together accounting for X% of total imports. Poland, France, the Netherlands, Spain, Sweden, Greece, the Czech Republic, Portugal, Finland and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Finland ($X per ton) and Sweden ($X per ton), while Belgium ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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