Europe: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Europe

In 2022, the Europe market for pure polyvinyl chloride in primary forms increased by 15% to $X, rising for the second consecutive year after three years of decline. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Pure Polyvinyl Chloride in Primary Forms in Europe

In value terms, production of pure polyvinyl chloride in primary forms declined to $X in 2022 estimated in export price. Overall, production showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 14%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in Europe

In 2022, overseas shipments of pure polyvinyl chloride in primary forms decreased by -18.2% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 6.8% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2021, and then dropped sharply in the following year.

In value terms, exports of pure polyvinyl chloride in primary forms contracted to $X in 2022. Total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 +50.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

The shipments of the four major exporters of pure polyvinyl chloride in primary forms, namely Germany, France, the Netherlands and Belgium, represented more than half of total export. Spain (X tons) ranks next in terms of the total exports with a 5.9% share, followed by Norway (5.8%), Sweden (5.3%), Hungary (5.2%) and Russia (5%).

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +50.9%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 50% share of total exports. Belgium, Spain, Sweden, Hungary, Norway and Russia lagged somewhat behind, together comprising a further 37%.

In terms of the main exporting countries, Russia, with a CAGR of +48.4%, recorded 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 Europe amounted to $X per ton, surging by 12% against the previous year. Export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pure polyvinyl chloride in primary forms increased by +78.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 59%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.2%), while the other leaders experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in Europe

Imports of pure polyvinyl chloride in primary forms declined to X tons in 2022, dropping by -9.1% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms expanded rapidly to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +94.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

Italy (X tons) and Germany (X tons) represented roughly 34% of total imports in 2022. The UK (X tons) held the next position in the ranking, followed by Belgium (X tons), Poland (X tons), France (X tons) and Russia (X tons). All these countries together took near 36% share of total imports. Spain (X tons), the Netherlands (X tons), Romania (X tons), Sweden (X tons) and the Czech Republic (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Spain (with a CAGR of +6.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, with a combined 45% share of total imports. Poland, Belgium, France, Spain, Russia, the Netherlands, Romania, Sweden and the Czech Republic lagged somewhat behind, together comprising a further 39%.

In terms of the main importing countries, Spain, with a CAGR of +10.6%, recorded the highest growth rate of 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 Europe stood at $X per ton in 2022, growing by 17% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by +85.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 59%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Sweden ($X per ton), while Russia ($X per ton) and the Netherlands ($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 Czech Republic (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform