Europe: Plastic Box Market 2024

Plastic Box Market Size in Europe

The Europe plastic box market surged to $X in 2022, picking up by 24% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +94.1% against 2015 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Plastic Box Production in Europe

In value terms, plastic box production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.9% over the period 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 when the production volume increased by 21%. The level of production peaked in 2022 and is likely to continue growth in the near future.

Plastic Box Exports

Exports in Europe

After two years of growth, shipments abroad of plastic boxes, cases, crates and similar packing articles decreased by -0.8% to X tons in 2022. The total export volume increased at an average annual rate of +4.8% 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 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, plastic box exports declined to $X in 2022. The total export value increased at an average annual rate of +3.9% 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 when exports increased by 25%. As a result, the exports attained the peak of $X, and then fell slightly in the following year.

Exports by Country

Germany (X tons), the Netherlands (X tons), France (X tons), Poland (X tons), Spain (X tons) and the UK (X tons) represented roughly 65% of total exports in 2022. Belgium (X tons), Italy (X tons), the Czech Republic (X tons), Switzerland (X tons), Denmark (X tons), Hungary (X tons) and Austria (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +9.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, with a combined 42% share of total exports. Poland, the UK, Spain, Belgium, Italy, the Czech Republic, Denmark, Austria, Hungary and Switzerland lagged somewhat behind, together accounting for a further 44%.

Among the main exporting countries, Spain, with a CAGR of +8.9%, recorded the highest growth rate of 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

The export price in Europe stood at $X per ton in 2022, waning by -3.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 4.9%. 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 remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.7%), while the other leaders experienced more modest paces of growth.

Plastic Box Imports

Imports in Europe

For the third year in a row, Europe recorded growth in supplies from abroad of plastic boxes, cases, crates and similar packing articles, which increased by 1.8% to X tons in 2022. The total import volume increased at an average annual rate of +4.1% over the period 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 16% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, plastic box imports fell to $X in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

The countries with the highest levels of plastic box imports in 2022 were France (X tons), Germany (X tons), the Netherlands (X tons), Spain (X tons), Poland (X tons), the UK (X tons) and Belgium (X tons), together finishing at 62% of total import. The following importers - the Czech Republic (X tons), Italy (X tons), Denmark (X tons), Hungary (X tons), Sweden (X tons) and Austria (X tons) - together made up 18% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic box importing markets in Europe were Germany ($X), France ($X) and the Netherlands ($X), together accounting for 34% of total imports. The UK, Belgium, Spain, Poland, Italy, the Czech Republic, Hungary, Denmark, Sweden and Austria lagged somewhat behind, together comprising a further 45%.

In terms of the main importing countries, Hungary, with a CAGR of +10.0%, 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

In 2022, the import price in Europe amounted to $X per ton, which is down by -3.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 9.7%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform