United Kingdom: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in the UK

The UK compound plasticisers market soared to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Compound plasticisers consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Compound Plasticisers Production in the UK

In value terms, compound plasticisers production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% 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.

Compound Plasticisers Exports

Exports from the UK

Compound plasticisers exports from the UK declined sharply to X tons in 2022, shrinking by X% against the year before. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, compound plasticisers exports fell dramatically to $X in 2022. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of compound plasticisers exports from the UK, with a combined X% share of total exports. Brazil, China, Germany, Singapore, the United Arab Emirates, India, Spain, Kenya, the United States and Ireland lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), China ($X) and the Czech Republic ($X) constituted the largest markets for compound plasticisers exported from the UK worldwide, together comprising X% of total exports. Kenya, Brazil, the United States, the Netherlands, India, Germany, Singapore, Ireland, Spain and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Kenya, with a CAGR of X%, saw the highest growth rate of 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 compound plasticisers export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to the United Arab Emirates ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Compound Plasticisers Imports

Imports into the UK

In 2022, after two years of growth, there was decline in purchases abroad of compound plasticisers for rubber or plastics, when their volume decreased by X% to X tons. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, compound plasticisers imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of compound plasticisers imports to the UK, with a combined X% share of total imports. India, Estonia, the United States, China, Argentina and Brazil lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest compound plasticisers suppliers to the UK were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of total imports. China, the United States, India, Estonia, Argentina and Brazil lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Estonia, with a CAGR of X%, 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 compound plasticisers import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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