EU: Market for Polyethylene in Primary Forms 2024

Market Size for Polyethylene in Primary Forms in the EU

After four years of decline, the EU polyethylene in primary forms market increased by 9.6% to $X in 2021. In general, consumption showed a mild setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Polyethylene in Primary Forms in the EU

In value terms, polyethylene in primary forms production rose slightly to $X in 2021 estimated in export price. In general, production showed a noticeable reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 5.1% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Polyethylene in Primary Forms

Exports in the EU

In 2021, overseas shipments of polyethylene in primary forms increased by 2.2% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, polyethylene in primary forms exports surged to $X in 2021. Overall, exports showed a modest expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Belgium (X tons), distantly followed by Germany (X tons), the Netherlands (X tons), France (X tons), Spain (X tons) and Sweden (X tons) were the main exporters of polyethylene in primary forms, together comprising 74% of total exports. The following exporters - Italy (X tons), Austria (X tons), Hungary (X tons), the Czech Republic (X tons), Poland (X tons), Portugal (X tons) and Finland (X tons) - together made up 21% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Portugal (with a CAGR of +4.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene in primary forms supplying countries in the European Union were Belgium ($X), Germany ($X) and the Netherlands ($X), with a combined 56% share of total exports. These countries were followed by France, Sweden, Spain, Italy, Austria, Hungary, the Czech Republic, Poland, Finland and Portugal, which together accounted for a further 39%.

Portugal, with a CAGR of +5.0%, recorded 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

In 2021, the export price in the European Union amounted to $X per ton, surging by 45% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Sweden ($X per ton) and Finland ($X per ton), while Spain ($X per ton) and France ($X per ton) were amongst the lowest.

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

Imports of Polyethylene in Primary Forms

Imports in the EU

In 2021, supplies from abroad of polyethylene in primary forms increased by 6.9% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyethylene in primary forms imports surged to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern 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), Belgium (X tons), Italy (X tons), Poland (X tons), France (X tons), Spain (X tons) and the Netherlands (X tons) represented the major importer of polyethylene in primary forms in the European Union, achieving 76% of total import. The following importers - the Czech Republic (X tons), Austria (X tons), Greece (X tons), Sweden (X tons), Portugal (X tons) and Romania (X tons) - each recorded a 13% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +5.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene in primary forms importing markets in the European Union were Germany ($X), Belgium ($X) and Italy ($X), together accounting for 44% of total imports. Poland, France, Spain, the Netherlands, the Czech Republic, Sweden, Austria, Greece, Portugal and Romania lagged somewhat behind, together accounting for a further 44%.

Poland, with a CAGR of +5.9%, saw the highest rates of growth with regard to 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

In 2021, the import price in the European Union amounted to $X per ton, rising by 49% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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