Europe: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Europe

The Europe plastic household articles market was estimated at $X in 2022, increasing by 5.1% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Plastic Household Articles Production in Europe

In value terms, plastic household articles production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 13% against the previous year. The level of production peaked in 2022 and is likely to see gradual growth in the near future.

Plastic Household Articles Exports

Exports in Europe

In 2022, shipments abroad of household articles and toilet articles of plastics decreased by -10% to X tons for the first time since 2011, thus ending a ten-year rising trend. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +60.0% against 2012 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 11% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, plastic household articles exports dropped to $X in 2022. Total exports indicated a measured increase 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, exports increased by +42.4% against 2015 indices. The pace of growth appeared the most rapid in 2020 with an increase of 14%. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

The shipments of the six major exporters of household articles and toilet articles of plastics, namely Poland, Italy, Germany, the UK, the Netherlands and Spain, represented more than two-thirds of total export. France (X tons), Luxembourg (X tons), Hungary (X tons), the Czech Republic (X tons), Russia (X tons), Serbia (X tons) and Sweden (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +16.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household articles supplying countries in Europe were Germany ($X), Poland ($X) and Italy ($X), together comprising 47% of total exports. The Netherlands, Spain, the UK, France, the Czech Republic, Hungary, Sweden, Luxembourg, Russia and Serbia lagged somewhat behind, together accounting for a further 40%.

Russia, with a CAGR of +13.7%, 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 2022, the export price in Europe amounted to $X per ton, remaining constant against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 6.6% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 France ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the other leaders experienced more modest paces of growth.

Plastic Household Articles Imports

Imports in Europe

After six years of growth, purchases abroad of household articles and toilet articles of plastics decreased by -9.9% to X tons in 2022. Total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.1% 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 +41.7% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, plastic household articles imports shrank modestly to $X in 2022. Total imports indicated a resilient expansion 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, imports increased by +62.8% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports reached the peak of $X, and then contracted modestly in the following year.

Imports by Country

In 2022, Germany (X tons), France (X tons), the UK (X tons) and the Netherlands (X tons) was the largest importer of household articles and toilet articles of plastics in Europe, mixing up 45% of total import. It was distantly followed by Spain (X tons), Italy (X tons) and Russia (X tons), together achieving a 16% share of total imports. The following importers - Poland (X tons), Belgium (X tons), Hungary (X tons), the Czech Republic (X tons), Sweden (X tons) and Romania (X tons) - together made up 17% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +15.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household articles importing markets in Europe were Germany ($X), France ($X) and the UK ($X), with a combined 37% share of total imports. The Netherlands, Italy, Russia, Poland, Spain, Belgium, the Czech Republic, Sweden, Hungary and Romania lagged somewhat behind, together accounting for a further 40%.

Among the main importing countries, Hungary, with a CAGR of +13.8%, saw 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

In 2022, the import price in Europe amounted to $X per ton, with an increase of 8% against the previous year. Over the period under review, the import price saw a slight expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform