Polyethylene market

Polyethylene market: enjoy recently published info featured by an Ai-driven BI tool. Statistics cover trade, market prices, exports, companies, market size, imports, consumption, and production. Here is a split by region, including the U.S., the Middle East, Africa, Russia, China, EU, the U.K., and Latin America. Market trends and outlook to 2030 are also featured in the snapshots.

Polyethylene - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

From 2018 to 2020, the average annual growth rate of value in China stood at -7.6%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-11.1% per year) and India (-7.8% per year).

Polyethylene Prices

Polyethylene - Top Importers

In value terms, China ($7.9B) constitutes the largest market for imported polyethylene with a specific gravity of more then 0,94, in primary forms worldwide, comprising 30% of global imports. The second position in the ranking was occupied by the United States ($1.3B), with a 4.8% share of global imports. It was followed by Germany, with a 4.3% share.

From 2018 to 2020, the average annual growth rate of value in China amounted to -5.1%. The remaining importing countries recorded the following average annual rates of imports growth: the United States (-8.1% per year) and Germany (-12.0% per year).

Polyethylene - Top Exporters

In value terms, the United States ($3.7B), Saudi Arabia ($3.6B) and Belgium ($1.6B) constituted the countries with the highest levels of exports in 2020, with a combined 36% share of global exports. These countries were followed by the United Arab Emirates, South Korea, Germany, Iran, Canada, Singapore, Thailand, the Netherlands, Russia and Malaysia, which together accounted for a further 43%.

In terms of the main exporting countries, Russia (+63.6% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Polyethylene - Market Forecast

Driven by rising demand for polyethylene worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Polyethylene - Product Coverage

• HS 390120 - Ethylene polymers; in primary forms, polyethylene having a specific gravity of 0.94 or more