EU: Polyamide Market 2024

Polyamide Market Size in the EU

The EU polyamide market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Polyamide Production in the EU

In value terms, polyamide production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Polyamide Exports

Exports in the EU

In 2021, polyamide exports in the European Union skyrocketed to X tons, with an increase of 19% against 2020 figures. The total export volume increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained relatively stable, with only minor 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, polyamide exports surged to $X in 2021. The total export value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons) was the largest exporter of polyamides (in primary forms), making up 33% of total exports. Belgium (X tons) held a 17% share (based on physical terms) of total exports, which put it in second place, followed by Italy (14%), the Netherlands (10%), Poland (7.6%), France (7%) and Spain (6.1%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Spain (with a CAGR of +8.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest polyamide supplying countries in the European Union were Germany ($X), Belgium ($X) and Italy ($X), with a combined 65% share of total exports. The Netherlands, France, Poland and Spain lagged somewhat behind, together comprising a further 30%.

In terms of the main exporting countries, Poland, with a CAGR of +6.5%, 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

The export price in the European Union stood at $X per ton in 2021, surging by 24% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%), while the other leaders experienced more modest paces of growth.

Polyamide Imports

Imports in the EU

In 2021, supplies from abroad of polyamides (in primary forms) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, polyamide imports skyrocketed to $X in 2021. Total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by Italy (X tons), Belgium (X tons), France (X tons), Poland (X tons) and Spain (X tons) were the largest importers of polyamides (in primary forms), together creating 72% of total imports. The following importers - the Czech Republic (X tons), the Netherlands (X tons), Austria (X tons), Slovakia (X tons), Romania (X tons), Sweden (X tons) and Hungary (X tons) - together made up 20% of total imports.

Imports into Germany increased at an average annual rate of +4.0% from 2012 to 2021. At the same time, Romania (+10.8%), Sweden (+9.1%), Poland (+6.6%), Spain (+5.4%), the Netherlands (+4.2%), Italy (+4.0%), Hungary (+3.5%), France (+2.3%), Austria (+2.2%), Slovakia (+2.0%) and Belgium (+1.6%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of +10.8% from 2012-2021. The Czech Republic experienced a relatively flat trend pattern. The Czech Republic (-1.7 p.p.) and Belgium (-2.1 p.p.) significantly weakened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported polyamides (in primary forms) in the European Union, comprising 28% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by Belgium, with an 11% share.

In Germany, polyamide imports expanded at an average annual rate of +3.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Italy (+3.4% per year) and Belgium (+1.7% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, picking up by 20% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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