EU: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in the EU

The EU market for polyethylene terephthalate and other polyethylene terephthalate in primary forms surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in the EU

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms soared to $X in 2022 estimated in export price. Overall, production recorded noticeable growth. Over the period under review, production of attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports in the EU

In 2020, shipments abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by X% to X tons for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms shrank to $X in 2020. Overall, exports saw a sharp decline. The growth pace was the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

France represented the key exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Austria (X tons), committing a X% share of total exports.

France was also the fastest-growing in terms of the polyethylene terephthalate and other polyethylene terephthalate in primary forms exports, with a CAGR of X% from 2012 to 2020. Austria experienced a relatively flat trend pattern. From 2012 to 2020, the share of France and Austria increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) remains the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports.

In France, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms remained relatively stable over the period from 2012-2020.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2020, which is down by X% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was France ($X per ton), while Austria amounted to $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by France (X%).

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports in the EU

For the fifth consecutive year, the European Union recorded growth in overseas purchases of polyethylene terephthalate and other polyethylene terephthalate in primary forms, which increased by X% to X tons in 2016. The total import volume increased at an average annual rate of X% from 2012 to 2016; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports of hit record highs in 2016 and are expected to retain growth in the near future.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms reduced to $X in 2016. In general, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2016, the growth of imports of remained at a lower figure.

Imports by Country

The countries with the highest levels of imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms in 2016 were Italy (X tons), France (X tons) and Germany (X tons), together resulting at X% of total import. It was distantly followed by Poland (X tons), the Czech Republic (X tons) and Belgium (X tons), together generating an X% share of total imports. Romania (X tons), Austria (X tons), Portugal (X tons), Spain (X tons), Luxembourg (X tons), the Netherlands (X tons) and Hungary (X tons) held a little share of total imports.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms importing markets in the European Union were Italy ($X), Germany ($X) and France ($X), together comprising X% of total imports.

In terms of the main importing countries, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2016, reducing by X% against the previous year. Over the period under review, the import price faced a abrupt setback. The pace of growth appeared the most rapid in 2013 when the import price decreased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2016, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2016, major importing countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while the Netherlands ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform