Europe: Plastic Support Market 2024

Plastic Support Market Size in Europe

In 2022, the Europe plastic support market increased by 6.6% to $X, rising for the fourth consecutive year after four years of decline. Over the period under review, consumption, however, recorded a noticeable decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Plastic Support Production in Europe

In value terms, plastic support production expanded sharply to $X in 2022 estimated in export price. In general, production, however, saw a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of 7.3%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Plastic Support Exports

Exports in Europe

In 2022, the amount of spools, cops and similar supports of plastics exported in Europe fell modestly to X tons, with a decrease of -4.2% on the year before. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2018 when exports increased by 10%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic support exports shrank to $X in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 16%. As a result, the exports attained the peak of $X, and then dropped slightly in the following year.

Exports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), France (X tons), Spain (X tons), Poland (X tons), Hungary (X tons) and the Netherlands (X tons) represented the main exporters of spools, cops and similar supports of plastics, together comprising 64% of total exports. The UK (X tons), Belgium (X tons), Austria (X tons), Switzerland (X tons), the Czech Republic (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +7.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 47% of total exports. Spain, Poland, the Netherlands, the UK, Belgium, Hungary, Austria, Switzerland, the Czech Republic and Sweden lagged somewhat behind, together comprising a further 40%.

In terms of the main exporting countries, Poland, with a CAGR of +7.3%, saw 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

The export price in Europe stood at $X per ton in 2022, picking up by 2.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

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 ($X per ton), while Hungary ($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 (+5.1%), while the other leaders experienced more modest paces of growth.

Plastic Support Imports

Imports in Europe

In 2022, plastic support imports in Europe rose to X tons, increasing by 3.4% against the year before. The total import volume increased at an average annual rate of +3.5% 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 2014 when imports increased by 9.8% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, plastic support imports stood at $X in 2022. The total import value increased at an average annual rate of +3.6% 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 2021 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X tons), Germany (X tons), the Netherlands (X tons), France (X tons) and Italy (X tons) was the key importer of spools, cops and similar supports of plastics in Europe, comprising 54% of total import. Poland (X tons) took a 5.1% share (based on physical terms) of total imports, which put it in second place, followed by the UK (5.1%) and Belgium (5%). Russia (X tons), Sweden (X tons), Ireland (X tons), Austria (X tons) and Hungary (X tons) held a little share 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 Spain (with a CAGR of +8.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 36% of total imports. Spain, the UK, the Netherlands, Poland, Belgium, Russia, Austria, Sweden, Hungary and Ireland lagged somewhat behind, together accounting for a further 44%.

In terms of the main importing countries, Spain, with a CAGR of +7.5%, 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

The import price in Europe stood at $X per ton in 2022, declining by -2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 9.9% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform