Eastern Europe: Market for Polyethylene Glycols and Polyethers in Primary Forms 2025

Market Size for Polyethylene Glycols and Polyethers in Primary Forms in Eastern Europe

In 2021, the East European polyethylene glycol and polyether market increased by 44% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Polyethylene Glycols and Polyethers in Primary Forms in Eastern Europe

In value terms, polyethylene glycol and polyether production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a mild decline. The pace of growth was the most pronounced in 2018 with an increase of 21%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Polyethylene Glycols and Polyethers in Primary Forms

Exports in Eastern Europe

In 2021, approx. X tons of polyethylene glycols and polyethers in primary forms were exported in Eastern Europe; picking up by 11% against 2020. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.3% 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 +88.1% against 2012 indices. The most prominent rate of growth was recorded in 2015 with an increase of 14%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, polyethylene glycol and polyether exports soared to $X in 2021. Over the period under review, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Romania (X tons) and Poland (X tons) represented the key exporters of polyethylene glycols and polyethers in primary forms in Eastern Europe, together recording approx. 68% of total exports. It was distantly followed by Russia (X tons), achieving a 19% share of total exports. Slovakia (X tons), Lithuania (X tons) and Hungary (X tons) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lithuania (with a CAGR of +40.8%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Poland ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 86% of total exports. These countries were followed by Slovakia, Hungary and Lithuania, which together accounted for a further 11%.

Lithuania, with a CAGR of +37.1%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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, jumping by 56% against the previous year. Export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, polyethylene glycol and polyether export price increased by +44.3% against 2018 indices. As a result, the export 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 exporting countries. In 2021, amid the top suppliers, 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 Romania (+4.1%), while the other leaders experienced more modest paces of growth.

Imports of Polyethylene Glycols and Polyethers in Primary Forms

Imports in Eastern Europe

In 2021, approx. X tons of polyethylene glycols and polyethers in primary forms were imported in Eastern Europe; growing by 16% compared with 2020 figures. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% 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 +66.7% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyethylene glycol and polyether imports surged to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, 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.

Imports by Country

In 2021, Poland (X tons) and Russia (X tons) were the major importers of polyethylene glycols and polyethers in primary forms in Eastern Europe, together generating 57% of total imports. Romania (X tons) took the next position in the ranking, followed by Hungary (X tons), the Czech Republic (X tons) and Lithuania (X tons). All these countries together took near 30% share of total imports. Ukraine (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lithuania (with a CAGR of +10.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene glycol and polyether importing markets in Eastern Europe were Poland ($X), Russia ($X) and Romania ($X), with a combined 66% share of total imports. These countries were followed by Hungary, the Czech Republic, Lithuania and Ukraine, which together accounted for a further 25%.

In terms of the main importing countries, Lithuania, with a CAGR of +12.7%, recorded 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

The import price in Eastern Europe stood at $X per ton in 2021, with an increase of 44% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. 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 the Czech Republic ($X per ton) and Hungary ($X per ton), while Russia ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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