Eastern Europe: Plastic Packaging Market 2024

Plastic Packaging Market Size in Eastern Europe

The East European plastic packaging market shrank slightly to $X in 2022, leveling off at the previous year. Over the period under review, consumption continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Plastic Packaging Production in Eastern Europe

In value terms, plastic packaging production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Plastic Packaging Exports

Exports in Eastern Europe

In 2022, the amount of plastic packaging exported in Eastern Europe rose slightly to X tons, increasing by X% on the year before. Total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, plastic packaging exports rose slightly to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Poland was the main exporter of plastic packaging in Eastern Europe, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by the Czech Republic (X tons), Lithuania (X tons), Russia (X tons), Hungary (X tons), Bulgaria (X tons) and Slovakia (X tons), together generating a X% share of total exports. Belarus (X tons) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%), Bulgaria (X%), Hungary (X%), the Czech Republic (X%), Lithuania (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Belarus experienced a relatively flat trend pattern. Russia (X p.p.), Poland (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic, Belarus, Slovakia and Lithuania saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest plastic packaging supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Lithuania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, approximately equating the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.

Plastic Packaging Imports

Imports in Eastern Europe

For the third year in a row, Eastern Europe recorded growth in purchases abroad of plastic packaging, which increased by X% to X tons in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2012 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, plastic packaging imports expanded slightly to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Poland (X tons), the Czech Republic (X tons), Hungary (X tons), Russia (X tons) and Romania (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Slovakia (X tons), creating a X% share of total imports. Belarus (X tons) followed a long way behind the leaders.

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

In value terms, the largest plastic packaging importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Hungary ($X), together comprising X% of total imports. Russia, Romania, Slovakia and Belarus lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, 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 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Poland ($X per ton), while Romania ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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