EU: Ethylene Polymer Bag Market 2024

Ethylene Polymer Bag Market Size in the EU

In 2022, the EU ethylene polymer bag market increased by 7.2% to $X, rising for the third consecutive year after two years of decline. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Ethylene Polymer Bag Production in the EU

In value terms, ethylene polymer bag production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. The level of production peaked in 2022 and is likely to see gradual growth in the near future.

Ethylene Polymer Bag Exports

Exports in the EU

Ethylene polymer bag exports reduced modestly to X tons in 2022, falling by -1.7% compared with 2021. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 12% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then shrank slightly in the following year.

In value terms, ethylene polymer bag exports amounted to $X in 2022. The total export 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 in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

In 2022, Germany (X tons) and Poland (X tons) represented the largest exporters of sacks and bags of polymers of ethylene in the European Union, together recording approx. 43% of total exports. The Netherlands (X tons) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by Italy (9.6%) and Spain (4.6%). Bulgaria (X tons), France (X tons), Lithuania (X tons), Sweden (X tons), the Czech Republic (X tons), Slovakia (X tons), Austria (X tons) and Belgium (X tons) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +8.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest ethylene polymer bag supplier in the European Union, comprising 28% of total exports. The second position in the ranking was taken by Poland ($X), with a 14% share of total exports. It was followed by the Netherlands, with a 12% share.

In Germany, ethylene polymer bag exports expanded at an average annual rate of +1.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+9.6% per year) and the Netherlands (+7.2% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, increasing by 4.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 15%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Austria ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the other leaders experienced more modest paces of growth.

Ethylene Polymer Bag Imports

Imports in the EU

In 2022, purchases abroad of sacks and bags of polymers of ethylene increased by 6.1% to X tons, rising for the fourth consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 6.2%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, ethylene polymer bag imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) represented roughly 54% of total imports in 2022. It was distantly followed by Belgium (X tons) and Poland (X tons), together committing a 10% share of total imports. Spain (X tons), Denmark (X tons), Italy (X tons), Sweden (X tons), the Czech Republic (X tons), Austria (X tons), Ireland (X tons) and Romania (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +7.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer bag importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 50% share of total imports. Belgium, Poland, Italy, the Czech Republic, Spain, Austria, Sweden, Ireland, Denmark and Romania lagged somewhat behind, together accounting for a further 38%.

Among the main importing countries, Romania, with a CAGR of +7.1%, 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

The import price in the European Union stood at $X per ton in 2022, rising by 2.5% against the previous year. Overall, the import price saw a modest expansion. The pace of growth was the most pronounced in 2021 when the import price increased by 11% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :