United Kingdom: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in the UK

In 2022, the UK market for plasticised mixed polyvinyl chloride in primary forms decreased by -3.6% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, posted a strong expansion. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in the UK

In value terms, production of plasticised mixed polyvinyl chloride in primary forms fell modestly to $X in 2022 estimated in export price. In general, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 99.9% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from the UK

Exports of plasticised mixed polyvinyl chloride in primary forms from the UK declined rapidly to X tons in 2022, dropping by -18.8% compared with the year before. Over the period under review, exports showed a perceptible downturn. The growth pace was the most rapid in 2018 with an increase of 9.5% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms stood at $X in 2022. In general, exports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 19%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Ireland (X tons) and Germany (X tons) were the main destinations of exports of plasticised mixed polyvinyl chloride in primary forms from the UK, together accounting for 31% of total exports. Italy, Vietnam, Thailand, Singapore, China, the Czech Republic, Belgium, Turkey, Poland and Lithuania lagged somewhat behind, together accounting for 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 Vietnam (with a CAGR of +43.9%), while the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), Germany ($X) and France ($X) constituted the largest markets for plasticised mixed polyvinyl chloride in primary forms exported from the UK worldwide, together comprising 26% of total exports. Italy, Singapore, Thailand, Vietnam, China, Turkey, Lithuania, Poland, Belgium and the Czech Republic lagged somewhat behind, together comprising a further 34%.

Vietnam, with a CAGR of +52.1%, 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 more modest paces of growth.

Export Prices by Country

The average export price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, with an increase of 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to the Czech Republic ($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 Vietnam (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into the UK

In 2022, approx. X tons of plasticised mixed polyvinyl chloride in primary forms were imported into the UK; waning by -54.1% compared with 2021 figures. Over the period under review, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 154%. As a result, imports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms reduced dramatically to $X in 2022. Overall, imports, however, showed a slight increase. The most prominent rate of growth was recorded in 2021 when imports increased by 189%. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

Spain (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of imports of plasticised mixed polyvinyl chloride in primary forms to the UK, with a combined 53% share of total imports. France, Turkey, Italy, Belgium, the Netherlands, Switzerland, Portugal, Ireland, China and the United States lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +158.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plasticised mixed polyvinyl chloride in primary forms suppliers to the UK were the Czech Republic ($X), Germany ($X) and Spain ($X), together accounting for 52% of total imports. France, Belgium, the Netherlands, Italy, the United States, Switzerland, China, Turkey, Ireland and Portugal lagged somewhat behind, together comprising a further 44%.

Among the main suppliers, Switzerland, with a CAGR of +240.4%, saw the highest growth rate of 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

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, jumping by 22% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for plasticised mixed polyvinyl chloride in primary forms increased by +96.9% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 24%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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