United Kingdom - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights

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Ethylene Polymer Bag Price in the UK - 2023

Contents:

  1. Ethylene Polymer Bag Price in the UK (CIF) - 2023
  2. Ethylene Polymer Bag Price in the UK (FOB) - 2022
  3. Ethylene Polymer Bag Imports in the UK
  4. Ethylene Polymer Bag Exports in the UK

Ethylene Polymer Bag Price in the UK (CIF) - 2023

In June 2023, the average ethylene polymer bag import price amounted to $2,572 per ton, waning by -1.7% against the previous month. Over the period under review, the import price recorded a slight downturn. The growth pace was the most rapid in March 2023 when the average import price increased by 4.3% against the previous month. The import price peaked at $3,255 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($3,891 per ton), while the price for Belgium ($413 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Ethylene Polymer Bag Price in the UK (FOB) - 2022

The average ethylene polymer bag export price stood at $6,150 per ton in 2022, waning by -1.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 19%. Over the period under review, the average export prices reached the maximum at $9,207 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($21,282 per ton), while the average price for exports to Ireland ($4,517 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 the Czech Republic (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Polymer Bag Imports in the UK

In 2022, ethylene polymer bag imports into the UK totaled 292K tons, leveling off at 2021 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 2.3% against the previous year. As a result, imports attained the peak of 306K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, ethylene polymer bag imports expanded sharply to $785M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 12%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Ethylene Polymer Bag in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1261231361352.3%
Turkey67.577.295.312522.8%
China89.994.811812511.6%
Vietnam71.569.685.789.47.7%
Poland55.151.559.751.2-2.4%
Thailand44.537.836.045.40.7%
India14.620.736.130.327.6%
Malaysia36.731.319.820.6-17.5%
Italy21.713.912.919.0-4.3%
Netherlands14.312.116.118.69.2%
France22.015.016.317.8-6.8%
Spain10.111.29.316.517.8%
Indonesia8.17.310.710.17.6%
Others97.890.285.681.2-6.0%
Total6806567377854.9%

Top Suppliers of Ethylene Polymer Bag to the UK in 2022:

  1. Turkey (63.4K tons)
  2. Germany (43.6K tons)
  3. Vietnam (37.6K tons)
  4. China (36.7K tons)
  5. Poland (17.7K tons)
  6. Thailand (16.4K tons)
  7. India (11.3K tons)
  8. Malaysia (8.9K tons)
  9. Netherlands (8.7K tons)
  10. Italy (7.5K tons)
  11. France (6.7K tons)
  12. Indonesia (5.2K tons)
  13. Spain (5.2K tons)

Ethylene Polymer Bag Exports in the UK

In 2022, after two years of decline, there was growth in shipments abroad of sacks and bags of polymers of ethylene, when their volume increased by 1.5% to 34K tons. Over the period under review, exports, however, saw a perceptible downturn.

In value terms, ethylene polymer bag exports declined to $211M in 2022. In general, exports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 2.8% against the previous year. As a result, the exports attained the peak of $335M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Ethylene Polymer Bag in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland10611563.842.8-26.1%
Germany24.421.620.919.6-7.0%
France21.618.326.618.5-5.0%
Netherlands36.735.211.516.1-24.0%
Belgium23.628.318.814.3-15.4%
United States7.712.414.910.510.9%
Czech Republic7.06.05.09.410.3%
Italy9.610.77.07.6-7.5%
Mexico4.13.34.05.812.3%
Poland6.54.64.23.7-17.1%
Spain11.813.32.92.6-39.6%
Others67.867.232.760.5-3.7%
Total326335212211-13.5%

Top Export Markets for Ethylene Polymer Bag from the UK in 2022:

  1. Ireland (9.5K tons)
  2. France (3.2K tons)
  3. Germany (3.2K tons)
  4. Netherlands (3.0K tons)
  5. Belgium (2.2K tons)
  6. Czech Republic (1.2K tons)
  7. Italy (0.8K tons)
  8. Poland (0.7K tons)
  9. Mexico (0.5K tons)
  10. United States (0.5K tons)
  11. Spain (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethylene polymer bag market in the UK. 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 2030.

Product coverage:

  • Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Sacks And Bags Of Polymers Of Ethylene - United Kingdom