United Kingdom - Polyethylene Or Polypropylene Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Binder Price in the UK - 2023
Contents:
- Polyethylene Binder Price in the UK (CIF) - 2023
- Polyethylene Binder Price in the UK (FOB) - 2022
- Polyethylene Binder Imports in the UK
- Polyethylene Binder Exports in the UK
Polyethylene Binder Price in the UK (CIF) - 2023
In August 2023, the average polyethylene binder import price amounted to $2,624 per ton, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +4.5%. The growth pace was the most rapid in September 2022 an increase of 82% m-o-m. Over the period under review, average import prices reached the peak figure at $3,064 per ton in October 2022; however, from November 2022 to August 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Hungary ($2,867 per ton) and Turkey ($2,619 per ton), while the price for China ($1,924 per ton) and Bulgaria ($1,988 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyethylene Binder Price in the UK (FOB) - 2022
In 2022, the average polyethylene binder export price amounted to $2,349 per ton, rising by 32% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 152%. As a result, the export price attained the peak level of $6,180 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($5,252 per ton), while the average price for exports to Latvia ($1,253 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 New Zealand (+4.1%), while the prices for the other major destinations experienced a decline.
Polyethylene Binder Imports in the UK
In 2022, the amount of polyethylene or polypropylene binder or baler (agricultural) twines imported into the UK surged to 7.6K tons, with an increase of 17% compared with the year before. In general, imports, however, continue to indicate a abrupt downturn.
In value terms, polyethylene binder imports surged to $19M in 2022. Over the period under review, imports, however, showed a mild slump.
Import of Polyethylene Binder in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 11.6 | 9.0 | 10.3 | 10.6 | -3.0% |
Hungary | 5.7 | 3.1 | 2.3 | 3.9 | -11.9% |
Turkey | N/A | 0.1 | 0.4 | 1.2 | 246.4% |
Italy | N/A | N/A | 0.6 | 1.1 | 83.3% |
Israel | 0.4 | 1.2 | 0.8 | 0.6 | 14.5% |
Greece | 1.2 | 3.5 | N/A | N/A | 191.7% |
Others | 0.4 | 1.2 | 1.0 | 1.3 | 48.1% |
Total | 19.2 | 18.0 | 15.3 | 18.7 | -0.9% |
Top Suppliers of Polyethylene Binder to the UK in 2022:
- Portugal (4.5K tons)
- Hungary (1.6K tons)
- Turkey (0.5K tons)
- Italy (0.4K tons)
- Israel (0.3K tons)
Polyethylene Binder Exports in the UK
Polyethylene binder exports from the UK skyrocketed to 293 tons in 2022, picking up by 17% compared with the previous year. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.1% 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 +100.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 38%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, polyethylene binder exports soared to $688K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 249% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Polyethylene Binder in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | N/A | 0.2 | N/A | 289 | 3701.3% |
Ireland | 277 | 294 | 266 | 62.9 | -39.0% |
Italy | 0.4 | 0.1 | 10.2 | 53.1 | 410.1% |
New Zealand | N/A | N/A | 6.5 | 50.6 | 678.5% |
Latvia | N/A | N/A | N/A | 48.7 | 0% |
Poland | N/A | 0.3 | N/A | 23.9 | 792.6% |
Taiwan (Chinese) | N/A | 851 | 25.4 | 15.4 | -86.5% |
China | N/A | N/A | 55.9 | 14.5 | -74.1% |
Chile | N/A | 11.1 | N/A | N/A | 0% |
Others | 80.6 | 90.2 | 82.4 | 129 | 17.0% |
Total | 357 | 1,247 | 447 | 688 | 24.4% |
Top Export Markets for Polyethylene Binder from the UK in 2022:
- Portugal (158.0 tons)
- Latvia (38.9 tons)
- Ireland (33.6 tons)
- Italy (18.0 tons)
- New Zealand (9.6 tons)
- China (6.1 tons)
- Poland (5.2 tons)
- Taiwan (Chinese) (0.5 tons)
This report provides an in-depth analysis of the polyethylene binder 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 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
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:
- 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
-
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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In November of 2022, the per ton price for polyethylene binders dropped by -22.7% from the previous month to $2,370 (CIF, UK).
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In value terms, rags exports totaled $X in 2016. Overall, it indicated a pronounced growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nine...
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In November of 2022, the per ton price for polyethylene binders dropped by -22.7% from the previous month to $2,370 (CIF, UK).
In value terms, rags imports totaled $X in 2016. Overall, it indicated a noticeable expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last n...
In value terms, rags exports totaled $X in 2016. Overall, it indicated a pronounced growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nine...