EU: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in the EU

In 2022, the EU market for cellular plates, sheets and films of polyymers of styrene increased by 6.3% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in the EU

In value terms, production of cellular plates, sheets and films of polyymers of styrene rose significantly to $X in 2022 estimated in export price. The total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +43.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports in the EU

Exports of cellular plates, sheets and films of polyymers of styrene totaled X tons in 2022, picking up by 1.6% compared with the previous year's figure. Total exports indicated tangible growth from 2012 to 2022: its volume 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, exports increased by +53.5% against 2014 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene rose notably to $X in 2022. Total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% 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 +52.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Germany (X tons), distantly followed by Poland (X tons), Belgium (X tons), Austria (X tons) and France (X tons) were the key exporters of cellular plates, sheets and films of polyymers of styrene, together generating 64% of total exports. Romania (X tons), Greece (X tons), Spain (X tons), Hungary (X tons), Italy (X tons), Slovenia (X tons), the Czech Republic (X tons) and Lithuania (X tons) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of +2.0% from 2012 to 2022. At the same time, Romania (+30.8%), France (+18.3%), Lithuania (+9.2%), Greece (+9.2%), Hungary (+8.4%), Slovenia (+7.1%), Poland (+3.7%), Austria (+2.4%), Belgium (+2.0%) and the Czech Republic (+1.0%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +30.8% from 2012-2022. Spain experienced a relatively flat trend pattern. By contrast, Italy (-5.0%) illustrated a downward trend over the same period. France (+5.7 p.p.), Romania (+3.9 p.p.) and Greece (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while Belgium, Germany and Italy saw its share reduced by -1.7%, -3.8% and -4.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest polystyrene cellular plates, sheets and films supplier in the European Union, comprising 26% of total exports. The second position in the ranking was held by Poland ($X), with a 13% share of total exports. It was followed by Austria, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled +1.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+6.4% per year) and Austria (+1.7% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, growing by 7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 21%. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Poland ($X per ton), while Belgium ($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 (+4.1%), while the other leaders experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports in the EU

Imports of cellular plates, sheets and films of polyymers of styrene contracted to X tons in 2022, with a decrease of -11.2% on 2021 figures. Total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% 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 +74.1% against 2014 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene expanded to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +55.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), followed by Italy (X tons), Austria (X tons), France (X tons), Belgium (X tons) and Hungary (X tons) represented the key importers of cellular plates, sheets and films of polyymers of styrene, together creating 54% of total imports. Poland (X tons), the Netherlands (X tons), Slovenia (X tons), Croatia (X tons), Slovakia (X tons), the Czech Republic (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +15.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polystyrene cellular plates, sheets and films importing markets in the European Union were Germany ($X), Italy ($X) and Austria ($X), together accounting for 38% of total imports.

Among the main importing countries, Italy, with a CAGR of +19.2%, 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 the European Union stood at $X per ton in 2022, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Netherlands ($X per ton) and Italy ($X per ton), while Slovakia ($X per ton) and Austria ($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 (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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