EU: Ethylene-Vinyl Acetate Copolymers Market 2024

Ethylene-Vinyl Acetate Copolymers Market Size in the EU

In 2022, the EU ethylene-vinyl acetate copolymers market increased by 49% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 +78.0% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ethylene-Vinyl Acetate Copolymers Production in the EU

In value terms, ethylene-vinyl acetate copolymers production shrank to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Ethylene-Vinyl Acetate Copolymers Exports

Exports in the EU

After three years of growth, overseas shipments of ethylene-vinyl acetate copolymers in primary forms decreased by -24.9% to X tons in 2022. The total export volume increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 14%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted rapidly in the following year.

In value terms, ethylene-vinyl acetate copolymers exports dropped to $X in 2022. Total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +52.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

The shipments of the five major exporters of ethylene-vinyl acetate copolymers in primary forms, namely Belgium, France, Germany, Spain and Italy, represented more than two-thirds of total export. The following exporters - the Netherlands (X tons) and Portugal (X tons) - each amounted to a 3.9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Portugal (with a CAGR of +36.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene-vinyl acetate copolymers supplying countries in the European Union were Belgium ($X), Germany ($X) and France ($X), with a combined 67% share of total exports. Spain, Italy, the Netherlands and Portugal lagged somewhat behind, together comprising a further 29%.

In terms of the main exporting countries, Portugal, with a CAGR of +36.9%, recorded the highest rates of growth with regard to 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 the European Union amounted to $X per ton, increasing by 27% against the previous year. Export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene-vinyl acetate copolymers export price increased by +88.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 49% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Germany ($X per ton) and Spain ($X per ton), while Portugal ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.6%), while the other leaders experienced more modest paces of growth.

Ethylene-Vinyl Acetate Copolymers Imports

Imports in the EU

In 2022, overseas purchases of ethylene-vinyl acetate copolymers in primary forms decreased by -5.4% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 13% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, ethylene-vinyl acetate copolymers imports expanded remarkably to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.9% 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 +79.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons) and Germany (X tons) represented the main importers of ethylene-vinyl acetate copolymers in primary forms in 2022, resulting at approx. 25% and 23% of total imports, respectively. Spain (X tons) held an 8.8% share (based on physical terms) of total imports, which put it in second place, followed by France (8.5%) and the Netherlands (6.4%). Poland (X tons), Portugal (X tons), Sweden (X tons), Finland (X tons), Belgium (X tons), Denmark (X tons), Greece (X tons) and the Czech Republic (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +12.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene-vinyl acetate copolymers importing markets in the European Union were Italy ($X), Germany ($X) and Spain ($X), together comprising 56% of total imports. France, the Netherlands, Poland, Portugal, Sweden, Belgium, Finland, Greece, Denmark and the Czech Republic lagged somewhat behind, together comprising a further 37%.

Among the main importing countries, Poland, with a CAGR of +14.9%, 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

In 2022, the import price in the European Union amounted to $X per ton, surging by 21% against the previous year. Import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene-vinyl acetate copolymers import price increased by +77.3% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by 47%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Poland ($X per ton) and Portugal ($X per ton), while the Netherlands ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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