Belgium: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Belgium

In 2021, the Belgian market for plastic plates, sheets, film, foil and strip decreased by -24.4% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption showed a slight slump. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Belgium

In value terms, production of plastic plates, sheets, film, foil and strip stood at $X in 2021 estimated in export price. Overall, production continues to indicate a slight contraction. The growth pace was the most rapid in 2016 with an increase of 11% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Belgium

In 2021, the amount of plastic plates, sheets, film, foil and strip exported from Belgium stood at X tons, growing by 7.3% against 2020 figures. The total export volume increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 33%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of plastic plates, sheets, film, foil and strip soared to $X in 2021. In general, total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +86.1% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from Belgium, together comprising 48% of total exports. These countries were followed by the UK, Italy, Spain, Poland, the United States, China, Denmark, the Czech Republic, Turkey and Luxembourg, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +16.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic plate, sheet, film, foil and strip exported from Belgium were France ($X), Germany ($X) and the Netherlands ($X), with a combined 43% share of total exports. Italy, the UK, the United States, Poland, Spain, China, Luxembourg, the Czech Republic, Denmark and Turkey lagged somewhat behind, together comprising a further 35%.

The United States, with a CAGR of +15.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, with an increase of 13% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 15%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Belgium

In 2021, approx. X tons of plastic plates, sheets, film, foil and strip were imported into Belgium; with an increase of 3.7% on the previous year. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. In general, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +51.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Belgium, together accounting for 48% of total imports. These countries were followed by France, Turkey, the United States, the UK, Spain, Poland, China, Ireland, Portugal and South Korea, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +29.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic plate, sheet, film, foil and strip suppliers to Belgium were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined 46% share of total imports. France, the United States, Turkey, the UK, Spain, Ireland, China, Poland, South Korea and Portugal lagged somewhat behind, together comprising a further 37%.

In terms of the main suppliers, Portugal, with a CAGR of +13.4%, recorded the highest growth rate of 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

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, increasing by 18% against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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