Czech Republic: Polyethylene Binder Market 2025

Polyethylene Binder Market Size in the Czech Republic

In 2022, the Czech polyethylene binder market increased by 68% to $X, rising for the third consecutive year after three years of decline. Overall, consumption showed a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Polyethylene Binder Production in the Czech Republic

In value terms, polyethylene binder production stood at $X in 2022 estimated in export price. In general, production, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2016 with an increase of 7.5% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Polyethylene Binder Exports

Exports from the Czech Republic

Polyethylene binder exports from the Czech Republic fell markedly to X tons in 2022, dropping by -25.4% compared with 2021. In general, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 10% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, polyethylene binder exports contracted remarkably to $X in 2022. Overall, exports recorded a perceptible descent. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Canada (X tons) and Romania (X tons) were the main destinations of polyethylene binder exports from the Czech Republic, with a combined 43% share of total exports. Hungary, Austria, Slovakia, Belgium, Ukraine, Poland, Bulgaria, the Netherlands, Moldova and Serbia lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +216.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene binder exported from the Czech Republic were Germany ($X), Canada ($X) and Romania ($X), together comprising 44% of total exports. Hungary, Slovakia, Austria, Ukraine, Belgium, Poland, Bulgaria, the Netherlands, Moldova and Serbia lagged somewhat behind, together accounting for a further 41%.

Among the main countries of destination, Bulgaria, with a CAGR of +204.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average polyethylene binder export price stood at $X per ton in 2022, surging by 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2021 an increase of 28%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Moldova ($X per ton) and Slovakia ($X per ton), while the average price for exports to Poland ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Polyethylene Binder Imports

Imports into the Czech Republic

In 2022, supplies from abroad of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -9.1% to X tons, falling for the second consecutive year after four years of growth. Overall, imports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2019 with an increase of 116%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, polyethylene binder imports contracted to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 83% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Poland (X tons) and Portugal (X tons) were the main suppliers of polyethylene binder imports to the Czech Republic, with a combined 90% share of total imports. China, Slovakia and Hungary lagged somewhat behind, together comprising a further 9.1%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +53.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of polyethylene or polypropylene binder or baler (agricultural) twines to the Czech Republic, comprising 54% of total imports. The second position in the ranking was taken by Poland ($X), with a 25% share of total imports. It was followed by Portugal, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-9.7% per year) and Portugal (+11.6% per year).

Import Prices by Country

In 2022, the average polyethylene binder import price amounted to $X per ton, rising by 3.3% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price 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, polyethylene binder import price increased by +58.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 54% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+44.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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