Benelux: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Benelux

The Benelux market for cellular plates, sheets and films of polyymers of styrene contracted to $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, continues to indicate a noticeable reduction. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Benelux

In value terms, production of cellular plates, sheets and films of polyymers of styrene rose significantly to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports in Benelux

In 2022, approx. X tons of cellular plates, sheets and films of polyymers of styrene were exported in Benelux; increasing by 2.7% compared with 2021 figures. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene contracted to $X in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Belgium prevails in styrene structure, reaching X tons, which was near 90% of total exports in 2022. It was distantly followed by the Netherlands (X tons), committing a 9.6% share of total exports.

Belgium was also the fastest-growing in terms of the cellular plates, sheets and films of polyymers of styrene exports, with a CAGR of +2.0% from 2012 to 2022. The Netherlands (-5.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium increased by +8.9 percentage points.

In value terms, Belgium ($X) remains the largest polystyrene cellular plates, sheets and films supplier in Benelux, comprising 79% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total exports.

In Belgium, exports of cellular plates, sheets and films of polyymers of styrene increased at an average annual rate of +1.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, waning by -7.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by 30%. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%).

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports in Benelux

In 2022, after three years of growth, there was decline in purchases abroad of cellular plates, sheets and films of polyymers of styrene, when their volume decreased by -4.9% to X tons. Over the period under review, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 27%. Over the period under review, imports of attained the peak figure at X tons in 2021, and then fell modestly in the following year.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene reduced slightly to $X in 2022. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) represented the major importers of cellular plates, sheets and films of polyymers of styrene in 2022, recording near 51% and 36% of total imports, respectively. It was distantly followed by Luxembourg (X tons), constituting a 13% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +9.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polystyrene cellular plates, sheets and films importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

The Netherlands, with a CAGR of +11.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with an increase of 2.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 16%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($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 Netherlands (+2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform