EU: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in the EU

In 2022, the EU polyvinyl chloride market increased by 7.5% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +79.9% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Polyvinyl Chloride Production in the EU

In value terms, polyvinyl chloride production contracted dramatically to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; 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 57% against the previous year. As a result, production reached the peak level of $X, and then shrank sharply in the following year.

Polyvinyl Chloride Exports

Exports in the EU

In 2022, the amount of polyvinyl chloride exported in the European Union fell to X tons, which is down by -9.7% against the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 7% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, polyvinyl chloride exports reached $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.0% 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 +62.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 62% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Germany (X tons), France (X tons), the Netherlands (X tons) and Belgium (X tons) represented roughly 68% of total exports in 2022. Spain (X tons) took a 6.6% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (5.1%) and Sweden (5%). The following exporters - Poland (X tons) and Portugal (X tons) - each accounted for a 7.2% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belgium (with a CAGR of +1.2%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest polyvinyl chloride supplying countries in the European Union were Germany ($X), France ($X) and Belgium ($X), together accounting for 55% of total exports.

Among the main exporting countries, Belgium, with a CAGR of +5.7%, 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, growing by 11% against the previous year. Export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride export price increased by +82.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 64%. The level of export peaked in 2022 and is likely to continue growth in years to come.

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

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

Polyvinyl Chloride Imports

Imports in the EU

Polyvinyl chloride imports contracted to X tons in 2022, with a decrease of -8.5% against the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 16%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, polyvinyl chloride imports expanded markedly to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +89.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Germany (X tons) and Italy (X tons) represented roughly 37% of total imports in 2022. Belgium (X tons) took the next position in the ranking, followed by Poland (X tons), France (X tons), the Netherlands (X tons) and Spain (X tons). All these countries together held approx. 41% share of total imports. The Czech Republic (X tons), Romania (X tons), Ireland (X tons), Sweden (X tons) and Portugal (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +7.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyvinyl chloride importing markets in the European Union were Germany ($X), Italy ($X) and Poland ($X), together comprising 49% of total imports. Belgium, France, Spain, the Netherlands, the Czech Republic, Romania, Ireland, Sweden and Portugal lagged somewhat behind, together accounting for a further 40%.

Portugal, with a CAGR of +10.3%, recorded the highest growth rate of 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 2022, the import price in the European Union amounted to $X per ton, rising by 15% against the previous year. Import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride import price increased by +78.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 55% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per ton), while the Netherlands ($X per ton) was 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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