EU - Polyethylene Terephthalate (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
The EU Polyethylene Terephthalate Market Had Total Revenues Of 3.6 Billion EUR In 2013
The EU polyethylene terephthalate market had total revenues of 3.6 billion EUR in 2013, representing a compound annual growth rate (CAGR) of -1.8% between 2007 and 2013.
The EU polyethylene terephthalate (in primary forms) market has shown mixed dynamics in the last few years. Due to the 2009 economic slowdown, the market value plunged by 21.6%. However, it was followed by a quick recovery the next year, with a sharp 21.9% increase. In 2013, the market showed mixed trends: it soared by 31% in physical terms, while the market value declined by 6%.
The output of the six major producers of polyethylene terephthalate (in primary forms), namely Germany, Italy, France, the Netherlands, Belgium, the United Kingdom and the Czech Republic, represent 99% of EU polyethylene terephthalate output.
The country with the highest levels of production in 2013 was Germany (539.4 million tonnes), where the output grew by 0.2% annually from 2007-2013.
The Republic of Korea and Oman were the main suppliers of polyethylene terephthalate into the EU in 2013, with a combined share of 45.0% of total imports. The fastest growing suppliers from 2007-20013 were Oman (+46% per year) and Mexico (+188% per year). China’s share in the European imports structure remained relatively stable, at 5.28% in 2007 to 5.72% in 2013.
In 2013, Switzerland (21.05%), Ukraine (20.39%), the Russian Federation (11.18%), the USA (5.92%) and Turkey (5.32%) were the main destinations of EU exports, in physical terms, and together made up 63.82% of total exports. While the share of Ukraine increased significantly, the share of Turkey illustrated negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the polyethylene terephthalate market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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