Germany: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in Germany

The German market for polyethylene with a specific gravity of less than X, in primary forms was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, saw a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in Germany

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms surged to $X in 2021 estimated in export price. Over the period under review, production recorded a slight shrinkage. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports from Germany

Exports of polyethylene with a specific gravity of less than X, in primary forms from Germany dropped to X tons in 2021, waning by -5.7% on the previous year's figure. Overall, exports showed a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 5.5% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms soared to $X in 2021. In general, exports showed a mild slump. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Italy (X tons) and France (X tons) were the main destinations of exports of polyethylene with a specific gravity of less than X, in primary forms from Germany, together comprising 32% of total exports. China, Belgium, the Netherlands, India, Spain, Turkey, Austria, the Czech Republic, the UK and Russia lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +10.3%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Italy ($X) and France ($X) were the largest markets for polyethylene with a specific gravity of less than X exported from Germany worldwide, with a combined 32% share of total exports. China, Belgium, the Netherlands, India, Spain, Turkey, Austria, the UK, Russia and the Czech Republic lagged somewhat behind, together comprising a further 45%.

Turkey, with a CAGR of +10.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for polyethylene with a specific gravity of less than X, in primary forms stood at $X per ton in 2021, rising by 50% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Austria ($X per ton) and the UK ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports into Germany

In 2021, overseas purchases of polyethylene with a specific gravity of less than X, in primary forms were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 2.4%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms skyrocketed to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and France (X tons) were the main suppliers of imports of polyethylene with a specific gravity of less than X, in primary forms to Germany, with a combined 71% share of total imports. Austria, Italy, Slovakia, Spain, Poland, the Czech Republic, Sweden, the UK and Saudi Arabia lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +11.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene with a specific gravity of less than X suppliers to Germany were the Netherlands ($X), Belgium ($X) and France ($X), together accounting for 71% of total imports. These countries were followed by Austria, Italy, Slovakia, Spain, Poland, Sweden, the Czech Republic, the UK and Saudi Arabia, which together accounted for a further 23%.

Poland, with a CAGR of +10.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for polyethylene with a specific gravity of less than X, in primary forms stood at $X per ton in 2021, picking up by 60% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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