Germany: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Germany

In 2022, the German market for polyethylene terephthalate and other polyethylene terephthalate in primary forms increased by 35% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +51.0% against 2020 indices. Consumption of peaked in 2022 and is likely to see gradual growth in years to come.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Germany

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +81.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 77% against the previous year. Production of peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from Germany

In 2016, shipments abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms increased by 2.1% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2015 with an increase of 3.8% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted to $X in 2016. Overall, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 when exports increased by 1.2%. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports of remained at a lower figure.

Exports by Country

Austria (X tons), Poland (X tons) and France (X tons) were the main destinations of exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Germany, together accounting for 41% of total exports.

From 2012 to 2016, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +9.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene terephthalate and other polyethylene terephthalate in primary forms exported from Germany were Austria ($X), Poland ($X) and the Netherlands ($X), together accounting for 40% of total exports.

Austria, with a CAGR of -3.2%, 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 a decline.

Export Prices by Country

The average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, shrinking by -8.2% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price increased by 2.2%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2016, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2016, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per ton) and Switzerland ($X per ton), while the average price for exports to Austria ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-2.3%), while the prices for the other major destinations experienced a decline.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into Germany

Imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms into Germany reached X tons in 2016, leveling off at the previous year. The total import volume increased at an average annual rate of +4.5% from 2012 to 2016; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 13% against the previous year. Imports peaked in 2016 and are expected to retain growth in years to come.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms reduced slightly to $X in 2016. Over the period under review, imports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 8.9%. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports of remained at a lower figure.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Germany, with a combined 49% share of total imports.

From 2012 to 2016, the biggest increases were recorded for Belgium (with a CAGR of +88.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms suppliers to Germany were the Netherlands ($X), Poland ($X) and Belgium ($X), together comprising 49% of total imports.

Belgium, with a CAGR of +41.3%, saw the highest growth rate of the value of imports, in terms of 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 terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, dropping by -5.1% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average import price decreased by -3.3%. The import price peaked at $X per ton in 2012; however, from 2013 to 2016, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Turkey (-4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :