Europe: Plastic Packaging Market 2024

Plastic Packaging Market Size in Europe

For the third year in a row, the Europe plastic packaging market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Plastic Packaging Production in Europe

In value terms, plastic packaging production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Plastic Packaging Exports

Exports in Europe

In 2022, approx. X tons of plastic packaging were exported in Europe; increasing by X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, plastic packaging exports totaled $X in 2022. The total export value increased at an average annual rate of X% 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 X%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

In 2022, Germany (X tons), the Netherlands (X tons), Poland (X tons), Belgium (X tons), France (X tons), Spain (X tons), Italy (X tons), the UK (X tons), the Czech Republic (X tons), Lithuania (X tons), Austria (X tons) and Russia (X tons) was the major exporter of plastic packaging in Europe, comprising X% of total export. Hungary (X tons) followed a long way behind the leaders.

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

In value terms, the largest plastic packaging supplying countries in Europe were Germany ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total exports. France, Italy, Belgium, the UK, Spain, Austria, the Czech Republic, Lithuania, Hungary and Russia lagged somewhat behind, together accounting for a further X%.

Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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, dropping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 Austria ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Plastic Packaging Imports

Imports in Europe

In 2022, the amount of plastic packaging imported in Europe was estimated at X tons, surging by X% against the year before. The total import volume increased at an average annual rate of X% 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 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, plastic packaging imports rose to $X in 2022. The total import value increased at an average annual rate of X% over the period 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 X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

The purchases of the five major importers of plastic packaging, namely Germany, the Netherlands, France, Belgium and the UK, represented more than half of total import. It was distantly followed by Spain (X tons), mixing up a X% share of total imports. The following importers - Poland (X tons), Italy (X tons), the Czech Republic (X tons), Denmark (X tons), Sweden (X tons), Hungary (X tons) and Austria (X tons) - together made up X% of total imports.

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

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

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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 Europe stood at $X per ton in 2022, leveling off at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 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 ($X per ton), while Belgium ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform