EU: Plastic Supports Market 2024

Plastic Supports Market Size in the EU

The EU plastic supports market skyrocketed to $X in 2022, picking up by 41% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2022: its value 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, consumption increased by +45.1% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Plastic Supports Production in the EU

In value terms, plastic supports production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% 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 2018 with an increase of 19%. Over the period under review, production hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Plastic Supports Exports

Exports in the EU

In 2022, the amount of spools, cops, bobbins and similar supports of plastics exported in the European Union dropped to X tons, flattening at 2021 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18%. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, plastic supports exports contracted slightly to $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

In 2022, Italy (X tons) and Germany (X tons) were the largest exporters of spools, cops, bobbins and similar supports of plastics in the European Union, together amounting to near 37% of total exports. Sweden (X tons) took the next position in the ranking, followed by France (X tons), Spain (X tons), Poland (X tons), Hungary (X tons) and Portugal (X tons). All these countries together took approx. 40% share of total exports. The Czech Republic (X tons), Slovakia (X tons), Romania (X tons), Austria (X tons) and the Netherlands (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of +13.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) were the countries with the highest levels of exports in 2022, with a combined 51% share of total exports. Spain, Poland, Sweden, Slovakia, Portugal, the Netherlands, Romania, the Czech Republic, Hungary and Austria lagged somewhat behind, together comprising a further 44%.

In terms of the main exporting countries, the Czech Republic, with a CAGR of +9.4%, saw 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, with a decrease of -2.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 11%. As a result, the export price reached the peak level of $X per ton, and then fell slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.5%), while the other leaders experienced more modest paces of growth.

Plastic Supports Imports

Imports in the EU

In 2022, supplies from abroad of spools, cops, bobbins and similar supports of plastics increased by 5.1% 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 +3.9% 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 2013 with an increase of 16% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, plastic supports imports stood at $X in 2022. The total import value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons), distantly followed by the Netherlands (X tons), Ireland (X tons), France (X tons), Spain (X tons), Italy (X tons), Poland (X tons) and Portugal (X tons) were the major importers of spools, cops, bobbins and similar supports of plastics, together mixing up 71% of total imports. Romania (X tons), Slovakia (X tons), Belgium (X tons), Hungary (X tons) and the Czech Republic (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +54.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported spools, cops, bobbins and similar supports of plastics in the European Union, comprising 23% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.7% share of total imports. It was followed by France, with a 9.1% share.

In Germany, plastic supports imports expanded at an average annual rate of +1.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (-3.1% per year) and France (+5.0% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, declining by -3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 14% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Ireland ($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 (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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