EU: Fluoropolymers Market 2024

Fluoropolymers Market Size in the EU

In 2021, the EU fluoropolymers market decreased by -4.1% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Fluoropolymers Production in the EU

In value terms, fluoropolymers production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 20% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Fluoropolymers Exports

Exports in the EU

In 2021, after two years of decline, there was significant growth in overseas shipments of fluoropolymers, when their volume increased by 59% to X tons. The total export volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fluoropolymers exports surged to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.1% 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 +63.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons), France (X tons), Italy (X tons), the Netherlands (X tons) and Belgium (X tons) was the key exporter of fluoropolymers in the European Union, comprising 98% of total export.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +55.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 67% share of total exports.

France, with a CAGR of +50.7%, saw 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 the European Union stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by 9.1%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Italy ($X per ton) and the Netherlands ($X per ton), while France ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the other leaders experienced more modest paces of growth.

Fluoropolymers Imports

Imports in the EU

In 2021, supplies from abroad of fluoropolymers was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fluoropolymers imports surged to $X in 2021. The total import value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons) and Italy (X tons) represented the major importers of fluoropolymers in 2021, accounting for near 28% and 28% of total imports, respectively. It was distantly followed by Belgium (X tons), France (X tons) and the Netherlands (X tons), together making up a 27% share of total imports. Austria (X tons) and Poland (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +27.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fluoropolymers importing markets in the European Union were Germany ($X), Italy ($X) and Belgium ($X), with a combined 66% share of total imports. These countries were followed by France, the Netherlands, Austria and Poland, which together accounted for a further 23%.

Poland, with a CAGR of +31.0%, recorded 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

The import price in the European Union stood at $X per ton in 2021, with an increase of 9.2% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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