Benelux: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Benelux

In 2022, the Benelux market for pure polyvinyl chloride in primary forms increased by 22% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +68.7% against 2020 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Pure Polyvinyl Chloride in Primary Forms in Benelux

In value terms, production of pure polyvinyl chloride in primary forms reduced modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by 8.7%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in Benelux

In 2022, approx. X tons of pure polyvinyl chloride in primary forms were exported in Benelux; which is down by -8.5% on 2021. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 15%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of pure polyvinyl chloride in primary forms totaled $X in 2022. Total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, the Netherlands (X tons) and Belgium (X tons) was the largest exporter of pure polyvinyl chloride in primary forms in Benelux, making up 100% of total export.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of -0.9%).

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

Belgium, with a CAGR of +4.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, picking up by 11% against the previous year. Export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pure polyvinyl chloride in primary forms increased by +79.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 61%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.9%).

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in Benelux

In 2022, imports of pure polyvinyl chloride in primary forms in Benelux contracted remarkably to X tons, reducing by -17.1% compared with 2021 figures. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 34% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms dropped to $X in 2022. Total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium was the main importing country with an import of around X tons, which recorded 61% of total imports. It was distantly followed by the Netherlands (X tons) and Luxembourg (X tons), together creating a 39% share of total imports.

Belgium experienced a relatively flat trend pattern with regard to volume of imports of pure polyvinyl chloride in primary forms. Luxembourg and the Netherlands experienced a relatively flat trend pattern. The Netherlands (-2 p.p.) significantly weakened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported pure polyvinyl chloride in primary forms in Benelux, comprising 62% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium stood at +2.5%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (-0.1% per year) and Luxembourg (+4.0% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, increasing by 15% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by +73.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by 51%. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($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 (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform