Benelux: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in Benelux

The Benelux non-cellular polyethylene film market dropped to $X in 2021, waning by -10.3% against the previous year. The total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -16.2% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Non-Cellular Polyethylene Film Production in Benelux

In value terms, non-cellular polyethylene film production dropped markedly to $X in 2021 estimated in export price. The total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -31.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 40% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Non-Cellular Polyethylene Film Exports

Exports in Benelux

For the sixth year in a row, Benelux recorded growth in shipments abroad of non-cellular polyethylene films, sheets, foil and strip, which increased by 16% to X tons in 2021. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-cellular polyethylene film exports surged to $X in 2021. The total export value increased at an average annual rate of +4.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium was the major exporter of non-cellular polyethylene films, sheets, foil and strip in Benelux, with the volume of exports amounting to X tons, which was approx. 60% of total exports in 2021. It was distantly followed by the Netherlands (X tons), making up a 39% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of +4.0%).

In value terms, Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021.

The Netherlands, with a CAGR of +4.9%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, surging by 19% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.4%).

Non-Cellular Polyethylene Film Imports

Imports in Benelux

In 2021, purchases abroad of non-cellular polyethylene films, sheets, foil and strip increased by 13% to X tons, rising for the fifth consecutive year after four years of decline. The total import volume increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 15%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, non-cellular polyethylene film imports skyrocketed to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.6% 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 +61.4% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) dominates imports structure, together comprising 94% of total imports. It was distantly followed by Luxembourg (X tons), comprising a 6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +10.3%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) constituted the countries with the highest levels of imports in 2021, with a combined 99.9% share of total imports.

Among the main importing countries, Luxembourg, with a CAGR of +10.8%, recorded the highest rates of growth with regard to 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 import price in Benelux stood at $X per ton in 2021, picking up by 26% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($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 Netherlands (+8.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform