EU: Plastic Box Market 2024

Plastic Box Market Size in the EU

The EU plastic box market skyrocketed to $X in 2022, jumping by 26% against the previous year. In general, consumption continues to indicate a prominent expansion. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Plastic Box Production in the EU

In value terms, plastic box production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the production volume increased by 24%. The level of production peaked in 2022 and is likely to see steady growth in years to come.

Plastic Box Exports

Exports in the EU

In 2022, after two years of growth, there was decline in shipments abroad of plastic boxes, cases, crates and similar packing articles, when their volume decreased by -0.3% to X tons. The total export volume increased at an average annual rate of +4.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of X tons, leveling off in the following year.

In value terms, plastic box exports dropped to $X in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of $X, and then shrank modestly in the following year.

Exports by Country

The shipments of the five major exporters of plastic boxes, cases, crates and similar packing articles, namely Germany, the Netherlands, France, Poland and Spain, represented more than two-thirds of total export. Belgium (X tons) held the next position in the ranking, followed by Italy (X tons). All these countries together held approx. 10% share of total exports. The Czech Republic (X tons), Denmark (X tons), Hungary (X tons), Austria (X tons), Sweden (X tons) and Slovakia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of +9.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022, with a combined 47% share of total exports. Poland, Spain, Belgium, Italy, the Czech Republic, Denmark, Sweden, Austria, Hungary and Slovakia lagged somewhat behind, together accounting for a further 45%.

In terms of the main exporting countries, Spain, with a CAGR of +8.9%, 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, falling by -3.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 4.4%. As a result, the export price attained the peak level of $X per ton. 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 Denmark ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the other leaders experienced more modest paces of growth.

Plastic Box Imports

Imports in the EU

For the third year in a row, the European Union recorded growth in supplies from abroad of plastic boxes, cases, crates and similar packing articles, which increased by 0.4% to X tons in 2022. The total import volume increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, plastic box imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports reached the peak of $X, and then reduced modestly in the following year.

Imports by Country

France (X tons), Germany (X tons), the Netherlands (X tons), Spain (X tons), Poland (X tons) and Belgium (X tons) represented roughly 65% of total imports in 2022. The Czech Republic (X tons), Italy (X tons), Denmark (X tons), Hungary (X tons), Sweden (X tons), Austria (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +10.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic box importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together comprising 41% of total imports. Belgium, Spain, Poland, Italy, the Czech Republic, Hungary, Denmark, Sweden, Austria and Portugal lagged somewhat behind, together comprising a further 47%.

Among the main importing countries, Hungary, with a CAGR of +10.0%, 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, reducing by -2.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 11% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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