Benelux: Plastic Support Market 2024

Plastic Support Market Size in Benelux

In 2022, the Benelux plastic support market increased by 2.5% to $X, rising for the fourth consecutive year after two years of decline. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +21.7% against 2018 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Plastic Support Production in Benelux

In value terms, plastic support production amounted to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 103%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Support Exports

Exports in Benelux

In 2022, exports of spools, cops and similar supports of plastics in Benelux shrank modestly to X tons, declining by -4.8% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 27% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic support exports dropped to $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 19%. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) dominates exports structure, together generating 90% of total exports. It was distantly followed by Luxembourg (X tons), creating a 10% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of +2.2%), while the other leaders experienced a decline in the exports figures.

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

The Netherlands, with a CAGR of +4.0%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, falling by -10.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 an increase of 26%. Over the period under review, the export prices attained the maximum at $X per ton in 2021, and then contracted in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, 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 the Netherlands (+5.1%), while the other leaders experienced mixed trends in the export price figures.

Plastic Support Imports

Imports in Benelux

Plastic support imports expanded slightly to X tons in 2022, picking up by 2.4% against the previous year. The total import volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 36%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, plastic support imports reduced to $X in 2022. The total import value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, the Netherlands (X tons) was the key importer of spools, cops and similar supports of plastics, creating 66% of total imports. It was distantly followed by Belgium (X tons), committing a 33% share of total imports.

The Netherlands was also the fastest-growing in terms of the spools, cops and similar supports of plastics imports, with a CAGR of +3.6% from 2012 to 2022. At the same time, Belgium (+2.4%) displayed positive paces of growth. The Netherlands (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -2.6% from 2012 to 2022, respectively.

In value terms, the largest plastic support importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of +4.3%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, shrinking by -16.2% against the previous year. In general, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2016 an increase of 8.4% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, 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 the Netherlands (+0.7%).

Source: IndexBox Platform