Germany: Polyethylene Binder Market 2025

Polyethylene Binder Market Size in Germany

In 2022, the German polyethylene binder market increased by 7.1% to $X, rising for the third consecutive year after three years of decline. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Polyethylene Binder Production in Germany

In value terms, polyethylene binder production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2015 when the production volume increased by 28%. Polyethylene binder production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Polyethylene Binder Exports

Exports from Germany

After three years of growth, shipments abroad of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -10% to X tons in 2022. The total export volume increased at an average annual rate of +2.4% 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 2013 when exports increased by 35%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, polyethylene binder exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +2.3% 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 when exports increased by 38%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Denmark (X tons), Turkey (X tons) and Romania (X tons) were the main destinations of polyethylene binder exports from Germany, together comprising 27% of total exports. Austria, France, South Africa, Bulgaria, the Netherlands, Switzerland, the Czech Republic, Hungary, Egypt and the UK lagged somewhat behind, together comprising a further 52%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +48.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Austria ($X) and Turkey ($X) constituted the largest markets for polyethylene binder exported from Germany worldwide, together comprising 26% of total exports. Romania, France, South Africa, the Netherlands, Switzerland, Bulgaria, Egypt, the Czech Republic, Hungary and the UK lagged somewhat behind, together accounting for a further 51%.

Among the main countries of destination, Hungary, with a CAGR of +38.7%, 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

The average polyethylene binder export price stood at $X per ton in 2022, with an increase of 7.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Egypt ($X per ton) and Austria ($X per ton), while the average price for exports to Bulgaria ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Polyethylene Binder Imports

Imports into Germany

In 2022, overseas purchases of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -4.6% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 30% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, polyethylene binder imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 38%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Portugal (X tons), Hungary (X tons) and Poland (X tons) were the main suppliers of polyethylene binder imports to Germany, with a combined 87% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +32.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Hungary ($X) and Poland ($X) constituted the largest polyethylene binder suppliers to Germany, with a combined 86% share of total imports.

Among the main suppliers, Hungary, with a CAGR of +34.3%, 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

In 2022, the average polyethylene binder import price amounted to $X per ton, growing by 9.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 13%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($X per ton) and France ($X per ton), while the price for Serbia ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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