Eastern Europe: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Eastern Europe

The East European polyvinyl chloride market contracted modestly to $X in 2022, reducing by -2.6% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +58.7% against 2020 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Polyvinyl Chloride Production in Eastern Europe

In value terms, polyvinyl chloride production declined significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate temperate growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by 68% against the previous year. As a result, production attained the peak level of $X, and then dropped dramatically in the following year.

Polyvinyl Chloride Exports

Exports in Eastern Europe

Polyvinyl chloride exports stood at X tons in 2022, stabilizing at the previous year's figure. Total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +84.1% against 2014 indices. The growth pace was the most rapid in 2018 with an increase of 21%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, polyvinyl chloride exports dropped significantly to $X in 2022. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 86% against the previous year. As a result, the exports attained the peak of $X, and then reduced rapidly in the following year.

Exports by Country

The biggest shipments were from Ukraine (X tons), Russia (X tons), Hungary (X tons) and Poland (X tons), together amounting to 82% of total export. It was distantly followed by the Czech Republic (X tons), achieving a 9.3% share of total exports. The following exporters - Slovakia (X tons) and Lithuania (X tons) - each accounted for a 5.7% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of +28.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest polyvinyl chloride supplying countries in Eastern Europe were Hungary ($X), Russia ($X) and Poland ($X), with a combined 69% share of total exports. The Czech Republic, Ukraine, Lithuania and Slovakia lagged somewhat behind, together accounting for a further 27%.

Among the main exporting countries, Lithuania, with a CAGR of +25.5%, 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

In 2022, the export price in Eastern Europe amounted to $X per ton, reducing by -16.7% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 69% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.3%), while the other leaders experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports in Eastern Europe

Polyvinyl chloride imports dropped rapidly to X tons in 2022, falling by -15.1% against 2021 figures. Over the period under review, imports saw a pronounced decline. The growth pace was the most rapid in 2021 when imports increased by 22%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, polyvinyl chloride imports dropped to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Poland represented the major importer of polyvinyl chloride in Eastern Europe, with the volume of imports resulting at X tons, which was near 35% of total imports in 2022. Russia (X tons) ranks second in terms of the total imports with a 19% share, followed by the Czech Republic (11%), Romania (9.9%), Belarus (6.6%) and Ukraine (4.5%). Lithuania (X tons) and Hungary (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +10.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported polyvinyl chloride in Eastern Europe, comprising 37% of total imports. The second position in the ranking was held by Russia ($X), with a 15% share of total imports. It was followed by the Czech Republic, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Poland amounted to +7.5%. In the other countries, the average annual rates were as follows: Russia (-8.5% per year) and the Czech Republic (+4.8% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, increasing by 11% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride import price increased by +66.9% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by 51%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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 (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :