Benelux: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Benelux

In 2022, after two years of growth, there was significant decline in the Benelux non-cellular polyvinyl chloride film market, when its value decreased by -62.2% to $X. Overall, consumption continues to indicate a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2021, and then reduced notably in the following year.

Production of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Benelux

In value terms, non-cellular polyvinyl chloride film production rose significantly to $X in 2022 estimated in export price. Overall, production, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 68%. The level of production peaked in 2022 and is expected to retain growth in the near future.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports in Benelux

In 2022, the amount of non-cellular polyvinyl chloride films, sheets, foil and strip exported in Benelux shrank to X tons, waning by -5.8% compared with the previous year's figure. Overall, exports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 12% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-cellular polyvinyl chloride film exports contracted modestly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 19%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the major exporter of non-cellular polyvinyl chloride films, sheets, foil and strip in Benelux, with the volume of exports accounting for X tons, which was approx. 59% of total exports in 2022. Luxembourg (X tons) took a 32% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (9.2%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of -1.4%), while the other leaders experienced a decline in the exports figures.

In value terms, the Netherlands ($X) remains the largest non-cellular polyvinyl chloride film supplier in Benelux, comprising 83% of total exports. The second position in the ranking was held by Luxembourg ($X), with an 8.4% share of total exports.

In the Netherlands, non-cellular polyvinyl chloride film exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Luxembourg (-1.1% per year) and Belgium (-6.4% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the export price increased by 12% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Luxembourg (+2.0%), while the other leaders experienced more modest paces of growth.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports in Benelux

In 2022, after three years of growth, there was significant decline in supplies from abroad of non-cellular polyvinyl chloride films, sheets, foil and strip, when their volume decreased by -34.6% to X tons. Overall, imports saw a slight setback. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of X tons, and then contracted rapidly in the following year.

In value terms, non-cellular polyvinyl chloride film imports reduced dramatically to $X in 2022. Over the period under review, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then declined significantly in the following year.

Imports by Country

Belgium represented the key importer of non-cellular polyvinyl chloride films, sheets, foil and strip in Benelux, with the volume of imports recording X tons, which was approx. 61% of total imports in 2022. It was distantly followed by the Netherlands (X tons), comprising a 35% share of total imports. Luxembourg (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Luxembourg (with a CAGR of +11.5%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) were the countries with the highest levels of imports in 2022.

Luxembourg, with a CAGR of +9.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 15%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($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 (+2.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform