Eastern Europe: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Eastern Europe

The East European market for plastic plates, sheets, film, foil and strip fell sharply to $X in 2021, which is down by -17.9% against the previous year. Over the period under review, consumption continues to indicate a mild reduction. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Eastern Europe

In value terms, production of plastic plates, sheets, film, foil and strip declined significantly to $X in 2021 estimated in export price. In general, production continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19% against the previous year. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports in Eastern Europe

In 2021, approx. X tons of plastic plates, sheets, film, foil and strip were exported in Eastern Europe; increasing by 11% compared with the previous year's figure. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +105.4% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, exports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +33.9% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Poland (X tons) represented the major exporter of plastic plates, sheets, film, foil and strip, mixing up 36% of total exports. Russia (X tons) held the second position in the ranking, followed by Hungary (X tons), the Czech Republic (X tons), Bulgaria (X tons), Lithuania (X tons) and Belarus (X tons). All these countries together held approx. 54% share of total exports.

Exports from Poland increased at an average annual rate of +11.5% from 2012 to 2021. At the same time, Russia (+16.4%), Bulgaria (+16.4%), Lithuania (+11.0%), Hungary (+7.8%), Belarus (+3.7%) and the Czech Republic (+3.1%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +16.4% from 2012-2021. From 2012 to 2021, the share of Poland, Russia, Bulgaria and Lithuania increased by +8.1, +5.6, +3.8 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest plastic plate, sheet, film, foil and strip supplier in Eastern Europe, comprising 34% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total exports. It was followed by Hungary, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Poland stood at +10.5%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+6.3% per year) and Hungary (+7.7% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, jumping by 23% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports in Eastern Europe

In 2021, imports of plastic plates, sheets, film, foil and strip in Eastern Europe expanded remarkably to X tons, picking up by 10% against 2020 figures. The total import volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip surged to $X in 2021. The total import value increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons) and Russia (X tons) represented roughly 49% of total imports in 2021. The Czech Republic (X tons) took the next position in the ranking, followed by Romania (X tons), Hungary (X tons) and Ukraine (X tons). All these countries together took approx. 33% share of total imports. The following importers - Slovakia (X tons) and Lithuania (X tons) - each recorded a 7.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +9.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2021, with a combined 62% share of total imports. Romania, Hungary, Ukraine, Slovakia and Lithuania lagged somewhat behind, together comprising a further 28%.

Among the main importing countries, Lithuania, with a CAGR of +9.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Slovakia ($X per ton) and the Czech Republic ($X per ton), while Ukraine ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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