Belgium - Plastic Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Bag Price in Belgium - 2023
Contents:
- Plastic Bag Price in Belgium (CIF) - 2023
- Plastic Bag Price in Belgium (FOB) - 2023
- Plastic Bag Imports in Belgium
- Plastic Bag Exports in Belgium
Plastic Bag Price in Belgium (CIF) - 2023
In August 2023, the average plastic bag import price amounted to $2,765 per ton, waning by -11.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 53% against the previous month. The import price peaked at $3,147 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,022 per ton), while the price for Portugal ($303 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Bag Price in Belgium (FOB) - 2023
In August 2023, the average plastic bag export price amounted to $5,062 per ton, falling by -4.4% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 16% m-o-m. Over the period under review, the average export prices hit record highs at $5,293 per ton in July 2023, and then contracted modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($14,298 per ton), while the average price for exports to Luxembourg ($3,344 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Bag Imports in Belgium
Plastic bag imports into Belgium rose sharply to 161K tons in 2022, picking up by 5.9% on the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, plastic bag imports expanded modestly to $433M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
Import of Plastic Bag in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 66.6 | 74.5 | 83.6 | 102 | 15.3% |
Germany | 60.2 | 66.6 | 91.0 | 82.3 | 11.0% |
France | 34.8 | 52.0 | 68.5 | 63.0 | 21.9% |
Poland | 29.5 | 23.0 | 33.6 | 38.9 | 9.7% |
Italy | 21.3 | 24.6 | 26.0 | 27.4 | 8.8% |
China | 14.3 | 25.8 | 25.8 | 25.7 | 21.6% |
United Kingdom | 15.7 | 16.9 | 20.3 | 14.0 | -3.7% |
Turkey | 3.9 | 9.7 | 11.4 | 11.6 | 43.8% |
Spain | 7.5 | 7.5 | 6.5 | 9.4 | 7.8% |
Vietnam | 4.0 | 6.0 | 6.4 | 7.9 | 25.5% |
Kosovo | N/A | 3.9 | 4.8 | 5.2 | 15.5% |
Others | 32.4 | 40.7 | 47.3 | 45.2 | 11.7% |
Total | 290 | 351 | 425 | 433 | 14.3% |
Top Suppliers of Plastic Bag to Belgium in 2022:
- Netherlands (53.0K tons)
- Poland (22.0K tons)
- France (21.7K tons)
- Germany (21.7K tons)
- Italy (9.8K tons)
- China (6.0K tons)
- Turkey (5.4K tons)
- Vietnam (3.3K tons)
- Kosovo (2.5K tons)
- Spain (2.1K tons)
- United Kingdom (2.0K tons)
Plastic Bag Exports in Belgium
In 2022, overseas shipments of plastic sacks and bags decreased by -4.4% to 56K tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 150%. As a result, the exports attained the peak of 66K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, plastic bag exports reached $260M in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 95%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Plastic Bag in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 27.3 | 38.6 | 43.8 | 46.7 | 19.6% |
Germany | 11.1 | 31.1 | 35.7 | 43.2 | 57.3% |
France | 27.9 | 44.8 | 41.1 | 42.4 | 15.0% |
United Kingdom | 12.3 | 14.4 | 25.8 | 30.0 | 34.6% |
Ireland | 2.4 | 13.5 | 18.7 | 22.4 | 110.5% |
United States | 5.6 | 18.3 | 21.4 | 14.9 | 38.6% |
Luxembourg | 3.6 | 3.4 | 4.3 | 3.6 | 0.0% |
Others | 22.4 | 55.0 | 59.9 | 57.2 | 36.7% |
Total | 113 | 219 | 251 | 260 | 32.0% |
Top Export Markets for Plastic Bag from Belgium in 2022:
- Germany (12.7K tons)
- Netherlands (10.3K tons)
- France (10.0K tons)
- United Kingdom (8.2K tons)
- United States (3.6K tons)
- Ireland (3.1K tons)
- Luxembourg (1.1K tons)
This report provides an in-depth analysis of the plastic bag market in Belgium. 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)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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