EU: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in the EU

In 2022, the EU market for pure polyvinyl chloride in primary forms increased by 17% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Pure Polyvinyl Chloride in Primary Forms in the EU

In value terms, production of pure polyvinyl chloride in primary forms fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by 17%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in the EU

In 2022, after three years of growth, there was significant decline in overseas shipments of pure polyvinyl chloride in primary forms, when their volume decreased by -16.9% to X tons. Over the period under review, exports showed a slight decline. The most prominent rate of growth was recorded in 2014 with an increase of 6.8%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pure polyvinyl chloride in primary forms declined to $X in 2022. Total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of $X, and then declined slightly in the following year.

Exports by Country

In 2022, Germany (X tons), France (X tons), the Netherlands (X tons) and Belgium (X tons) represented the key exporter of pure polyvinyl chloride in primary forms in the European Union, generating 70% of total export. Spain (X tons) took a 6.8% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (6%) and Hungary (6%).

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of -0.2%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, together comprising 55% of total exports. Belgium, Spain, Sweden and Hungary lagged somewhat behind, together comprising a further 33%.

In terms of the main exporting countries, Hungary, with a CAGR of +4.8%, saw the highest growth rate of 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, picking up by 15% against the previous year. Export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pure polyvinyl chloride in primary forms increased by +84.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by 60%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while the Netherlands ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.2%), while the other leaders experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in the EU

In 2022, imports of pure polyvinyl chloride in primary forms in the European Union contracted to X tons, shrinking by -10.4% against 2021 figures. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, imports of pure polyvinyl chloride in primary forms expanded to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +92.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 83%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

In 2022, Italy (X tons) and Germany (X tons) were the main importers of pure polyvinyl chloride in primary forms in the European Union, together finishing at near 43% of total imports. Belgium (X tons) held the next position in the ranking, followed by Poland (X tons), France (X tons), Spain (X tons) and the Netherlands (X tons). All these countries together took near 38% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Spain (with a CAGR of +6.2%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Italy ($X), Germany ($X) and Poland ($X) constituted the countries with the highest levels of imports in 2022, together comprising 54% of total imports. Belgium, France, Spain and the Netherlands lagged somewhat behind, together comprising a further 27%.

In terms of the main importing countries, Spain, with a CAGR of +10.6%, saw 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, growing by 17% against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by +88.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by 61% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Italy ($X per ton), while the Netherlands ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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