EU: Hard Plastic Comb Market 2024

Hard Plastic Comb Market Size in the EU

The EU hard plastic comb market soared to $X in 2022, picking up by 28% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +50.8% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Hard Plastic Comb Production in the EU

In value terms, hard plastic comb production contracted to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 32% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Hard Plastic Comb Exports

Exports in the EU

In 2022, overseas shipments of hard rubber or plastic combs increased by 24% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 123% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, hard plastic comb exports stood at $X in 2022. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 80% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Greece (X tons) was the largest exporter of hard rubber or plastic combs, generating 56% of total exports. Germany (X tons) ranks second in terms of the total exports with a 12% share, followed by the Netherlands (7.8%), Poland (5.7%) and Spain (5.4%). France (X tons) and Denmark (X tons) took a little share of total exports.

Greece was also the fastest-growing in terms of the hard rubber or plastic combs exports, with a CAGR of +48.9% from 2012 to 2022. At the same time, Poland (+23.4%), Spain (+19.0%), the Netherlands (+17.7%), Denmark (+17.1%) and Germany (+10.5%) displayed positive paces of growth. France experienced a relatively flat trend pattern. From 2012 to 2022, the share of Greece and Poland increased by +51 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest hard plastic comb supplier in the European Union, comprising 25% of total exports. The second position in the ranking was taken by Greece ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 10% share.

In Germany, hard plastic comb exports expanded at an average annual rate of +6.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Greece (+44.2% per year) and the Netherlands (+18.1% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, declining by -14.4% against the previous year. In general, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2018 when the export price increased by 11%. As a result, the export price attained the peak level of $X per ton. From 2019 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 Denmark ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.5%), while the other leaders experienced more modest paces of growth.

Hard Plastic Comb Imports

Imports in the EU

In 2022, the amount of hard rubber or plastic combs imported in the European Union skyrocketed to X tons, rising by 26% on the previous year. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, hard plastic comb imports surged to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 +61.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Greece was the major importer of hard rubber or plastic combs in the European Union, with the volume of imports resulting at X tons, which was near 35% of total imports in 2022. Germany (X tons) took the second position in the ranking, followed by Spain (X tons), France (X tons) and the Netherlands (X tons). All these countries together held approx. 37% share of total imports. Italy (X tons), Poland (X tons), Hungary (X tons), Denmark (X tons), Belgium (X tons), Sweden (X tons) and Portugal (X tons) took a relatively small share of total imports.

Greece was also the fastest-growing in terms of the hard rubber or plastic combs imports, with a CAGR of +33.5% from 2012 to 2022. At the same time, Hungary (+17.3%), Denmark (+14.5%), Portugal (+12.4%), Poland (+9.3%), the Netherlands (+7.8%), Germany (+7.1%), Spain (+4.8%), Sweden (+4.7%), Italy (+4.6%) and France (+3.4%) displayed positive paces of growth. By contrast, Belgium (-3.2%) illustrated a downward trend over the same period. While the share of Greece (+30 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (-1.6 p.p.), Italy (-2.6 p.p.), Germany (-3.9 p.p.), Belgium (-6 p.p.), France (-6.1 p.p.) and Spain (-6.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported hard rubber or plastic combs in the European Union, comprising 24% of total imports. The second position in the ranking was taken by France ($X), with an 11% share of total imports. It was followed by Spain, with a 9.5% share.

In Germany, hard plastic comb imports expanded at an average annual rate of +8.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (+4.2% per year) and Spain (+9.0% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by 4.8% against the previous year. Overall, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 16% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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