Belgium: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Belgium

The Belgian plastic household articles market declined rapidly to $X in 2022, with a decrease of -30.5% against the previous year. In general, consumption, however, continues to indicate a mild expansion. Over the period under review, the market hit record highs at $X in 2021, and then contracted notably in the following year.

Plastic Household Articles Production in Belgium

In value terms, plastic household articles production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 217%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Plastic Household Articles Exports

Exports from Belgium

Plastic household articles exports from Belgium contracted rapidly to X tons in 2022, falling by -51.8% against the year before. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 90% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic household articles exports declined remarkably to $X in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 162%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of plastic household articles exports from Belgium, together accounting for 62% of total exports. Romania, Luxembourg, the UK, Spain and Switzerland lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +53.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest markets for plastic household articles exported from Belgium worldwide, with a combined 70% share of total exports. Romania, Luxembourg, Spain, the UK and Switzerland lagged somewhat behind, together comprising a further 13%.

In terms of the main countries of destination, Romania, with a CAGR of +40.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average plastic household articles export price amounted to $X per ton, shrinking by -13.7% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic household articles export price increased by +78.9% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in purchases abroad of household articles and toilet articles of plastics, when their volume decreased by -32.3% to X tons. Overall, imports showed a noticeable downturn. The pace of growth was the most pronounced in 2018 with an increase of 76% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic household articles imports dropped markedly to $X in 2022. Over the period under review, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest plastic household articles supplier to Belgium, with a 44% share of total imports. Moreover, plastic household articles imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was held by Bulgaria (X tons), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.0% per year) and Bulgaria (+138.6% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of household articles and toilet articles of plastics to Belgium, comprising 42% of total imports. The second position in the ranking was held by China ($X), with a 10% share of total imports. It was followed by Germany, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.7% per year) and Germany (-4.6% per year).

Import Prices by Country

In 2022, the average plastic household articles import price amounted to $X per ton, dropping by -2.3% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic household articles import price increased by +100.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 46%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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