Belgium - Plastic Packaging - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Packaging Price in Belgium - 2023
Contents:
- Plastic Packaging Price in Belgium (CIF) - 2022
- Plastic Packaging Price in Belgium (FOB) - 2022
- Plastic Packaging Imports in Belgium
- Plastic Packaging Exports in Belgium
Plastic Packaging Price in Belgium (CIF) - 2022
The average plastic packaging import price stood at $2,209 per ton in 2022, reducing by -15.7% against the previous year. In general, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2018 an increase of 53% against the previous year. Over the period under review, average import prices attained the peak figure at $4,139 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,340 per ton), while the price for Luxembourg ($1,530 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Plastic Packaging Price in Belgium (FOB) - 2022
In 2022, the average plastic packaging export price amounted to $2,740 per ton, which is down by -23.2% against the previous year. Over the period under review, the export price recorded a noticeable contraction. The growth pace was the most rapid in 2021 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $5,000 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,066 per ton), while the average price for exports to Denmark ($1,568 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 Germany (-3.0%), while the prices for the other major destinations experienced a decline.
Plastic Packaging Imports in Belgium
For the fourth year in a row, Belgium recorded growth in purchases abroad of plastic packaging, which increased by 22% to 603K tons in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, plastic packaging imports stood at $1.3B in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Plastic Packaging in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 197 | 239 | 283 | 288 | 13.5% |
Germany | 180 | 209 | 247 | 254 | 12.2% |
France | 144 | 180 | 201 | 198 | 11.2% |
Poland | 56.3 | 54.3 | 75.1 | 114 | 26.5% |
China | 26.2 | 49.4 | 58.0 | 62.8 | 33.8% |
Luxembourg | 35.7 | 51.4 | 44.9 | 61.8 | 20.1% |
Italy | 40.5 | 48.9 | 52.1 | 50.3 | 7.5% |
United Kingdom | 35.2 | 43.0 | 55.0 | 43.4 | 7.2% |
Turkey | 8.7 | 17.4 | 26.4 | 26.7 | 45.3% |
Others | 113 | 198 | 250 | 234 | 27.5% |
Total | 837 | 1,090 | 1,293 | 1,333 | 16.8% |
Top Suppliers of Plastic Packaging to Belgium in 2022:
- Netherlands (158.5K tons)
- France (124.8K tons)
- Germany (72.4K tons)
- Luxembourg (40.4K tons)
- Poland (35.2K tons)
- Italy (19.5K tons)
- United Kingdom (16.4K tons)
- Turkey (10.1K tons)
- China (9.9K tons)
Plastic Packaging Exports in Belgium
Plastic packaging exports from Belgium surged to 412K tons in 2022, rising by 36% on the previous year's figure. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 48%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, plastic packaging exports rose modestly to $1.1B in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.1% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 40%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Export of Plastic Packaging in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 174 | 202 | 257 | 249 | 12.7% |
Netherlands | 171 | 224 | 210 | 240 | 12.0% |
Germany | 96.1 | 146 | 161 | 171 | 21.2% |
United Kingdom | 41.4 | 53.9 | 86.5 | 84.0 | 26.6% |
United States | 15.6 | 42.8 | 52.0 | 52.0 | 49.4% |
Italy | 20.7 | 24.9 | 27.6 | 26.5 | 8.6% |
Turkey | 3.8 | 9.0 | 18.8 | 22.0 | 79.6% |
Denmark | 16.1 | 13.9 | 19.6 | 18.5 | 4.7% |
Others | 126 | 213 | 249 | 267 | 28.4% |
Total | 664 | 931 | 1,082 | 1,130 | 19.4% |
Top Export Markets for Plastic Packaging from Belgium in 2022:
- France (105.3K tons)
- Netherlands (97.4K tons)
- Germany (55.3K tons)
- United Kingdom (37.1K tons)
- United States (12.8K tons)
- Denmark (11.8K tons)
- Italy (11.3K tons)
- Turkey (6.2K tons)
This report provides an in-depth analysis of the plastic packaging 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 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
- Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
- Prodcom 22221450 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity . 2 litres
- Prodcom 22221470 - Plastic carboys, bottles, flasks and similar articles for the conveyance or packing of goods, of a capacity > 2 litres
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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