Eastern Europe: Plastic Container Market 2024

Plastic Container Market Size in Eastern Europe

In 2021, the East European plastic container market increased by 6.9% to $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2021.

Plastic Container Production in Eastern Europe

In value terms, plastic container production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 22% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2021.

Plastic Container Exports

Exports in Eastern Europe

In 2021, the amount of plastic containers exported in Eastern Europe totaled X tons, growing by 12% on 2020 figures. The total export volume increased at an average annual rate of +5.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded 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, plastic container exports surged to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Poland (X tons), distantly followed by the Czech Republic (X tons), Hungary (X tons), Belarus (X tons), Russia (X tons) and Lithuania (X tons) represented the key exporters of plastic containers, together making up 92% of total exports. Slovakia (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of +14.8%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Hungary ($X) constituted the countries with the highest levels of exports in 2021, with a combined 68% share of total exports. Belarus, Russia, Lithuania and Slovakia lagged somewhat behind, together comprising a further 26%.

Among the main exporting countries, Russia, with a CAGR of +13.0%, recorded 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 export price in Eastern Europe stood at $X per ton in 2021, surging by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Slovakia ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.6%), while the other leaders experienced more modest paces of growth.

Plastic Container Imports

Imports in Eastern Europe

In 2021, supplies from abroad of plastic containers increased by 0.1% to X tons, rising for the sixth year in a row after two years of decline. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 17% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, plastic container imports soared to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% 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 +17.5% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 25%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

The countries with the highest levels of plastic container imports in 2021 were Poland (X tons), the Czech Republic (X tons), Russia (X tons), Hungary (X tons), Slovakia (X tons), Romania (X tons), Ukraine (X tons), Belarus (X tons) and Bulgaria (X tons), together amounting to 93% of total import. Estonia (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bulgaria (with a CAGR of +11.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) were the countries with the highest levels of imports in 2021, together accounting for 58% of total imports. These countries were followed by Hungary, Slovakia, Romania, Ukraine, Belarus, Bulgaria and Estonia, which together accounted for a further 37%.

Estonia, with a CAGR of +11.8%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 Eastern Europe stood at $X per ton in 2021, growing by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Poland ($X per ton), while Bulgaria ($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 Czech Republic (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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