EU: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in the EU

In 2022, the EU market for self-adhesive plastic tape in rolls of a width under 20cm increased by 33% to $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in the EU

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm rose markedly to $X in 2022 estimated in export price. In general, production, however, showed a slight slump. The pace of growth was the most pronounced in 2016 when the production volume increased by 12% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports in the EU

After two years of growth, overseas shipments of self-adhesive plastic tape in rolls of a width under 20cm decreased by -6.7% to X tons in 2022. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 19%. Over the period under review, the exports of reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm reduced to $X in 2022. The total export value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, the exports attained the peak of $X, and then declined slightly in the following year.

Exports by Country

In 2022, Italy (X tons), distantly followed by Germany (X tons), Spain (X tons), Greece (X tons), Poland (X tons) and the Netherlands (X tons) were the key exporters of self-adhesive plastic tape in rolls of a width under 20cm, together constituting 83% of total exports. Belgium (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +12.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive plastic tape in rolls of a width under 20cm supplying countries in the European Union were Germany ($X), Italy ($X) and Poland ($X), with a combined 64% share of total exports.

Poland, with a CAGR of +15.3%, recorded the highest growth rate of 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 2022, the export price in the European Union amounted to $X per ton, rising by 3.3% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 18%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the other leaders experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports in the EU

After two years of growth, purchases abroad of self-adhesive plastic tape in rolls of a width under 20cm decreased by -3.8% to X tons in 2022. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of X tons, and then contracted slightly in the following year.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm fell modestly to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +23.7% against 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Germany (X tons), followed by France (X tons), Spain (X tons), Italy (X tons), the Netherlands (X tons), Poland (X tons) and Belgium (X tons) were the main importers of self-adhesive plastic tape in rolls of a width under 20cm, together committing 71% of total imports. The Czech Republic (X tons), Hungary (X tons), Romania (X tons), Austria (X tons), Portugal (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Italy (with a CAGR of +10.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive plastic tape in rolls of a width under 20cm importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 43% share of total imports. Poland, Spain, Italy, Belgium, Austria, the Czech Republic, Hungary, Portugal, Romania and Greece lagged somewhat behind, together comprising a further 43%.

Among the main importing countries, Hungary, with a CAGR of +8.3%, 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, rising by 3.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 11%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Greece ($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 (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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