Eastern Europe: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Eastern Europe

The East European market for pure polyvinyl chloride in primary forms contracted modestly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption continues to indicate a pronounced descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Pure Polyvinyl Chloride in Primary Forms in Eastern Europe

In value terms, production of pure polyvinyl chloride in primary forms shrank modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by 30%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in Eastern Europe

In 2022, after five years of growth, there was significant decline in shipments abroad of pure polyvinyl chloride in primary forms, when their volume decreased by -22.7% to X tons. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 23% against the previous year. The volume of export peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, exports of pure polyvinyl chloride in primary forms contracted rapidly to $X in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 90%. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Hungary (X tons) and Russia (X tons) represented roughly 58% of total exports in 2022. Poland (X tons) took an 18% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (8.8%) and Ukraine (6.1%). The following exporters - Slovakia (X tons) and Lithuania (X tons) - each recorded an 8.3% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +50.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest pure polyvinyl chloride in primary forms supplying countries in Eastern Europe were Hungary ($X), Poland ($X) and Russia ($X), together accounting for 73% of total exports.

Among the main exporting countries, Russia, with a CAGR of +48.4%, 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 2022, with an increase of 7.1% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pure polyvinyl chloride in primary forms increased by +85.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 74%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), while the other leaders experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in Eastern Europe

In 2022, approx. X tons of pure polyvinyl chloride in primary forms were imported in Eastern Europe; shrinking by -18.8% on 2021 figures. Over the period under review, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. 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, imports of pure polyvinyl chloride in primary forms contracted to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Poland (X tons) and Russia (X tons) represented roughly 59% of total imports in 2022. Romania (X tons) took the next position in the ranking, followed by the Czech Republic (X tons), Ukraine (X tons), Belarus (X tons) and Lithuania (X tons). All these countries together took approx. 32% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +12.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Romania ($X) were the countries with the highest levels of imports in 2022, together accounting for 65% of total imports. The Czech Republic, Belarus, Ukraine and Lithuania lagged somewhat behind, together accounting for a further 26%.

Lithuania, with a CAGR of +14.0%, saw the highest growth rate of the value of imports, in terms of 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

In 2022, the import price in Eastern Europe amounted to $X per ton, surging by 10% against the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by +75.0% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by 59%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: 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 (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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