EU: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in the EU

In 2021, the EU market for unsaturated polyesters in primary forms was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Unsaturated Polyesters In Primary Forms in the EU

In value terms, unsaturated polyesters in primary forms production rose to $X in 2021 estimated in export price. In general, production saw a mild reduction. The pace of growth appeared the most rapid in 2017 with an increase of 8.4%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Unsaturated Polyesters In Primary Forms

Exports in the EU

In 2021, shipments abroad of unsaturated polyesters in primary forms was finally on the rise to reach X tons after three years of decline. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, unsaturated polyesters in primary forms exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) and France (X tons) represented the largest exporters of unsaturated polyesters in primary forms in 2021, amounting to approx. 27% and 19% of total exports, respectively. Poland (X tons) took the next position in the ranking, followed by the Netherlands (X tons), Germany (X tons), Spain (X tons) and Finland (X tons). All these countries together took approx. 35% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +4.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), France ($X) and Germany ($X) were the countries with the highest levels of exports in 2021, with a combined 53% share of total exports. These countries were followed by Poland, the Netherlands, Spain and Finland, which together accounted for a further 26%.

Poland, with a CAGR of +6.5%, saw 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 2021, the export price in the European Union amounted to $X per ton, jumping by 34% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Germany ($X per ton) and the Netherlands ($X per ton), while Poland ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the other leaders experienced more modest paces of growth.

Imports of Unsaturated Polyesters In Primary Forms

Imports in the EU

In 2021, supplies from abroad of unsaturated polyesters in primary forms increased by 23% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unsaturated polyesters in primary forms imports skyrocketed to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of unsaturated polyesters in primary forms imports in 2021 were Germany (X tons), Spain (X tons) and Poland (X tons), together finishing at 52% of total import. France (X tons) ranks next in terms of the total imports with an 8.5% share, followed by Italy (5.8%), the Czech Republic (5.3%) and Sweden (5.1%). The following importers - Belgium (X tons), Romania (X tons), Portugal (X tons), the Netherlands (X tons), Denmark (X tons) and Hungary (X tons) - together made up 13% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +8.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unsaturated polyesters in primary forms importing markets in the European Union were Germany ($X), Spain ($X) and Poland ($X), with a combined 49% share of total imports.

Among the main importing countries, Spain, with a CAGR of +12.4%, recorded the highest rates of growth with regard to 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 2021, with an increase of 33% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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