Polyethylene Binder Market

Polyethylene binder market: get access to new facts and figures secured by an Ai-driven market intelligence platform. Facts and figures cover exports, imports, market size, consumption, production, trade, companies, and market prices. There is a breakdown by region, including China, the U.K., Latin America, Russia, the U.S., EU, Africa, and the Middle East. Market trends and outlook to 2030 are also provided in the dashboards.


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Polyethylene Binder - World's Largest Markets

RatingCountry
1China
2United States
3Indonesia
4Japan
5India

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Indonesia.

In China, the polyethylene binder market expanded at an average annual rate of +6.4% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-1.2% per year) and Indonesia (-4.2% per year).

Polyethylene Binder Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Thailand223922611512-17.8%
Serbia177416591581-5.6%
Turkey180517691712-2.6%
Poland203118781781-6.4%
Russia202521621861-4.1%
Czech Republic196321511870-2.4%
Israel273629451882-17.1%
Vietnam202419191882-3.6%
Portugal196219431918-1.1%
Hungary219621962121-1.7%
Germany236123912296-1.4%
China2439249326073.4%
Average211221321998-2.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($2,607 per ton), while Thailand ($1,512 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Australia2398240225513.1%
Japan253525122423-2.2%
United States236024132250-2.4%
Canada231724962234-1.8%
France206520552042-0.6%
Ukraine1960193819950.9%
United Kingdom213821381970-4.0%
Romania197118231958-0.3%
Germany198919531947-1.1%
Hungary187417981839-0.9%
Russia219618601761-10.5%
Spain186918161745-3.4%
Kazakhstan198020661660-8.4%
Average217621752085-2.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Australia ($2,551 per ton), while Kazakhstan ($1,660 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced mixed trends in the import price figures.

Polyethylene Binder - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
United States39494912.6%
France3029312.1%
Australia51525123.8%
Germany19202411.9%
United Kingdom1719184.3%

In value terms, the United States ($49M), France ($31M) and Australia ($25M) constituted the countries with the highest levels of imports in 2020, with a combined 34% share of global imports.

Among the main importing countries, Australia (+123.8% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Polyethylene Binder - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Portugal1041081259.5%
Hungary3744437.7%
China18322926.0%
Vietnam4.9111788.6%
Poland12121511.9%

In value terms, Portugal ($125M) remains the largest polyethylene binder supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by Hungary ($43M), with a 13% share of global exports. It was followed by China, with a 8.6% share.

In Portugal, polyethylene binder exports increased at an average annual rate of +9.5% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Hungary (+7.7% per year) and China (+26.0% per year).

Polyethylene Binder - Market Forecast

Driven by increasing demand for polyethylene binder worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Polyethylene Binder - Product Coverage

  • HS 560741 - Twine; binder or baler twine, of polyethylene or polypropylene
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World - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global polyethylene binder market.

Middle East - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the polyethylene binder market in the Middle East.

Latin America and the Caribbean - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the polyethylene binder market in Latin America and the Caribbean.

Eastern Asia - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the polyethylene binder market in Eastern Asia.

South-Eastern Asia - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the polyethylene binder market in South-Eastern Asia.

Northern America - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the polyethylene binder market in Northern America.

Southern Asia - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the polyethylene binder market in Southern Asia.

Australia and Oceania - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the polyethylene binder market in Australia and Oceania.

Africa - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the polyethylene binder market in Africa.

Central Asia - Polyethylene or Polypropylene Binder or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the polyethylene binder market in Central Asia.

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