Belgium: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Belgium

The Belgian market for plasticised mixed polyvinyl chloride in primary forms contracted rapidly to $X in 2022, which is down by -61.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a drastic downturn. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Belgium

In 2022, overseas shipments of plasticised mixed polyvinyl chloride in primary forms decreased by -19.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 167% against the previous year. The exports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms fell to $X in 2022. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 123% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Belgium, accounting for a 72% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to Turkey exceeded the volume sent to the second major destination, India (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at +149.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+18.2% per year) and the Netherlands (-0.4% per year).

In value terms, Turkey ($X) emerged as the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Belgium, comprising 71% of total exports. The second position in the ranking was taken by India ($X), with a 5.1% share of total exports. It was followed by the UK, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey totaled +107.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+20.1% per year) and the UK (+10.7% per year).

Export Prices by Country

In 2022, the average export price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, with an increase of 16% against the previous year. In general, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($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 Pakistan (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Belgium

In 2022, the amount of plasticised mixed polyvinyl chloride in primary forms imported into Belgium declined remarkably to X tons, waning by -55.4% compared with 2021. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 75%. Over the period under review, imports of reached the peak figure at X tons in 2021, and then fell significantly in the following year.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms dropped remarkably to $X in 2022. In general, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 126%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of imports of plasticised mixed polyvinyl chloride in primary forms to Belgium, together comprising 66% of total imports. France, Austria, Ireland, Italy, the UK and the United States lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +85.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plasticised mixed polyvinyl chloride in primary forms suppliers to Belgium were the Netherlands ($X), Germany ($X) and France ($X), together comprising 65% of total imports. The Czech Republic, Austria, Ireland, Italy, the UK and the United States lagged somewhat behind, together accounting for a further 31%.

Austria, with a CAGR of +94.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, surging by 12% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 36% against the previous year. The import price peaked 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 the United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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