Belgium - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Belgium - 2023
Contents:
- Polystyrene Price in Belgium (FOB) - 2023
- Polystyrene Price in Belgium (CIF) - 2022
- Polystyrene Exports in Belgium
- Polystyrene Imports in Belgium
Polystyrene Price in Belgium (FOB) - 2023
In July 2023, the average polystyrene export price amounted to $1,796 per ton, remaining stable against the previous month. Overall, the export price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 14% m-o-m. The export price peaked at $2,877 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was France ($2,846 per ton), while the average price for exports to Lithuania ($1,410 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-2.3%), while the prices for the other major destinations experienced a decline.
Polystyrene Price in Belgium (CIF) - 2022
In 2022, the average polystyrene import price amounted to $2,005 per ton, with an increase of 8.5% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polystyrene import price increased by +73.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 60%. The import price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($2,764 per ton), while the price for Spain ($945 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Polystyrene Exports in Belgium
In 2022, overseas shipments of polystyrene decreased by -68.5% to 170K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 140%.
In value terms, polystyrene exports declined sharply to $387M in 2022. In general, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by 94%.
| Export of Polystyrene in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 87.9 | 165 | 317 | 117 | 10.0% |
| France | 78.4 | 71.0 | 116 | 69.1 | -4.1% |
| Netherlands | 15.9 | 28.0 | 62.8 | 29.8 | 23.3% |
| Turkey | 10.5 | 116 | 106 | 26.9 | 36.8% |
| Poland | 16.2 | 20.1 | 40.3 | 26.5 | 17.8% |
| United Kingdom | 5.2 | 10.7 | 73.7 | 26.5 | 72.1% |
| Italy | 9.0 | 17.0 | 32.5 | 20.9 | 32.4% |
| Spain | 6.2 | 6.3 | 16.1 | 10.0 | 17.3% |
| Austria | 4.0 | 10.8 | 32.4 | 9.8 | 34.8% |
| Russia | 10.2 | 21.8 | 66.5 | 2.4 | -38.3% |
| Others | 34.5 | 71.9 | 130 | 47.8 | 11.5% |
| Total | 278 | 539 | 994 | 387 | 11.7% |
Top Export Markets for Polystyrene from Belgium in 2022:
- Germany (52.8K tons)
- France (30.2K tons)
- Turkey (13.9K tons)
- Netherlands (12.7K tons)
- United Kingdom (11.7K tons)
- Poland (9.6K tons)
- Italy (8.1K tons)
- Spain (4.8K tons)
- Austria (4.7K tons)
- Russia (1.3K tons)
Polystyrene Imports in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of polystyrene, when their volume decreased by -21.3% to 66K tons. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year.
In value terms, polystyrene imports dropped to $133M in 2022. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 81%. As a result, imports attained the peak of $156M, and then contracted in the following year.
| Import of Polystyrene in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 12.4 | 13.8 | 37.5 | 32.7 | 38.2% |
| Germany | 26.3 | 23.9 | 49.8 | 29.1 | 3.4% |
| Netherlands | 20.6 | 17.8 | 24.0 | 26.7 | 9.0% |
| Italy | 7.8 | 11.2 | 9.7 | 9.8 | 7.9% |
| Turkey | 1.4 | 2.1 | 7.1 | 7.7 | 76.5% |
| Austria | 1.7 | 2.4 | 7.1 | 4.4 | 37.3% |
| Spain | N/A | 1.2 | 2.0 | 4.3 | 89.3% |
| Czech Republic | 2.7 | 3.8 | 4.5 | 3.5 | 9.0% |
| United Kingdom | 0.6 | 1.5 | 2.2 | 2.6 | 63.0% |
| Hungary | 3.9 | 1.5 | 0.7 | 2.0 | -20.0% |
| Others | 3.4 | 6.6 | 11.0 | 10.0 | 43.3% |
| Total | 80.9 | 85.7 | 156 | 133 | 18.0% |
Top Suppliers of Polystyrene to Belgium in 2022:
- France (16.3K tons)
- Netherlands (14.6K tons)
- Germany (13.1K tons)
- Spain (4.6K tons)
- Italy (3.7K tons)
- Turkey (3.3K tons)
- United Kingdom (2.1K tons)
- Czech Republic (1.6K tons)
- Austria (1.6K tons)
- Hungary (0.8K tons)
This report provides an in-depth analysis of the polystyrene 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 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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
-
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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