EU: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in the EU

In 2023, after two years of growth, there was significant decline in the EU market for polyethylene with a specific gravity of less than X, in primary forms, when its value decreased by X% to $X. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in the EU

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms expanded sharply to $X in 2023 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports in the EU

In 2023, shipments abroad of polyethylene with a specific gravity of less than X, in primary forms decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms shrank significantly to $X in 2023. In general, exports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

The biggest shipments were from Belgium (X tons), the Netherlands (X tons) and Germany (X tons), together reaching X% of total export. It was distantly followed by France (X tons), Spain (X tons) and Sweden (X tons), together committing a X% share of total exports. The following exporters - Slovakia (X tons), Austria (X tons), Italy (X tons), Portugal (X tons), Finland (X tons) and Hungary (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports. France, Sweden, Spain, Italy, Austria, Slovakia, Finland, Hungary and Portugal lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the export price showed a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then fell significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports in the EU

In 2023, the amount of polyethylene with a specific gravity of less than X, in primary forms imported in the European Union fell notably to X tons, waning by X% on 2022. Overall, imports recorded a mild descent. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms reduced remarkably to $X in 2023. Over the period under review, imports showed a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2023, Germany (X tons), Italy (X tons), Belgium (X tons), Poland (X tons), France (X tons), Spain (X tons) and the Netherlands (X tons) represented the main importer of polyethylene with a specific gravity of less than X, in primary forms in the European Union, making up X% of total import. The following importers - Portugal (X tons), Greece (X tons), Sweden (X tons), the Czech Republic (X tons), Romania (X tons) and Finland (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Poland, France, Spain, the Netherlands, Sweden, Portugal, Greece, the Czech Republic, Finland and Romania lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the import price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then fell remarkably in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Finland ($X per ton) and Sweden ($X per ton), while Spain ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform