Netherlands: Market for Polypropylene in Primary Forms 2024

Market Size for Polypropylene in Primary Forms in the Netherlands

The Dutch polypropylene in primary forms market contracted to $X in 2022, waning by -9.5% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Polypropylene in primary forms consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Polypropylene in Primary Forms in the Netherlands

In value terms, polypropylene in primary forms production shrank to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by 24% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Polypropylene in Primary Forms

Exports from the Netherlands

In 2022, shipments abroad of polypropylene in primary forms decreased by -21.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, polypropylene in primary forms exports contracted significantly to $X in 2022. Over the period under review, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% 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 +53.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Germany (X tons), Belgium (X tons) and Italy (X tons) were the main destinations of polypropylene in primary forms exports from the Netherlands, together accounting for 68% of total exports. Poland, France, Spain, the UK, Austria, Denmark, the Czech Republic and Luxembourg lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +20.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) appeared to be the largest markets for polypropylene in primary forms exported from the Netherlands worldwide, with a combined 66% share of total exports. Poland, France, Spain, the UK, Austria, Denmark, the Czech Republic and Luxembourg lagged somewhat behind, together accounting for a further 26%.

Luxembourg, with a CAGR of +19.9%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average polypropylene in primary forms export price amounted to $X per ton, rising by 6.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 34% against the previous year. 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 failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($X per ton) and the UK ($X per ton), while the average price for exports to Luxembourg ($X per ton) and Belgium ($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 Germany (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polypropylene in Primary Forms

Imports into the Netherlands

After two years of growth, purchases abroad of polypropylene in primary forms decreased by -21% to X tons in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, polypropylene in primary forms imports reduced sharply to $X in 2022. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 +41.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

Belgium (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of polypropylene in primary forms imports to the Netherlands, with a combined 63% share of total imports. Saudi Arabia, Austria, Italy and France lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +18.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and the UK ($X) were the largest polypropylene in primary forms suppliers to the Netherlands, together accounting for 66% of total imports. Saudi Arabia, Austria, Italy and France lagged somewhat behind, together comprising a further 23%.

Austria, with a CAGR of +15.0%, 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 polypropylene in primary forms import price stood at $X per ton in 2022, growing by 4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the average import price increased by 35%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 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 highest price was recorded for prices from the UK ($X per ton) and France ($X per ton), while the price for Austria ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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