Germany: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in Germany

In 2022, the German plastic ornamental articles market increased by 16% to $X, rising for the fifth year in a row after three years of decline. In general, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +72.9% against 2017 indices. Plastic ornamental articles consumption peaked in 2022 and is expected to retain growth in the near future.

Plastic Ornamental Articles Production in Germany

In value terms, plastic ornamental articles production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a slight decline. The growth pace was the most rapid in 2018 with an increase of 24%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Plastic Ornamental Articles Exports

Exports from Germany

In 2022, the amount of statuettes and other ornamental articles of plastic exported from Germany reduced to X tons, which is down by -11% on the previous year. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 19%. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined in the following year.

In value terms, plastic ornamental articles exports dropped to $X in 2022. Over the period under review, total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +78.0% against 2015 indices. The growth pace was the most rapid in 2021 when exports increased by 27%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Austria (X tons), Poland (X tons) and France (X tons) were the main destinations of plastic ornamental articles exports from Germany, with a combined 56% share of total exports. Switzerland, Italy, the Netherlands, the Czech Republic, Spain, the UK, Sweden, Belgium, Slovakia and Hungary lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +9.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic ornamental articles exported from Germany were Austria ($X), France ($X) and Switzerland ($X), together accounting for 47% of total exports. Poland, Italy, the Netherlands, Spain, the UK, the Czech Republic, Belgium, Hungary, Sweden and Slovakia lagged somewhat behind, together comprising a further 40%.

Spain, with a CAGR of +9.9%, saw 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 plastic ornamental articles export price stood at $X per ton in 2022, growing by 6.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2013 an increase of 17% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Ornamental Articles Imports

Imports into Germany

Plastic ornamental articles imports into Germany reduced to X tons in 2022, shrinking by -2.4% compared with the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 11% against the previous year. Imports peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, plastic ornamental articles imports expanded significantly to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +80.3% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest plastic ornamental articles supplier to Germany, with a 72% share of total imports. Moreover, plastic ornamental articles imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. Poland (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+2.9% per year) and Poland (+14.7% per year).

In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to Germany, comprising 79% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 6% share of total imports. It was followed by Vietnam, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-0.5% per year) and Vietnam (+4.0% per year).

Import Prices by Country

In 2022, the average plastic ornamental articles import price amounted to $X per ton, jumping by 17% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic ornamental articles import price increased by +65.7% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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