Belgium - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belgium - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polystyrene in Primary Forms in Belgium - 2023

Contents:

  1. Price for Polystyrene in Primary Forms in Belgium (FOB) - 2023
  2. Price for Polystyrene in Primary Forms in Belgium (CIF) - 2023
  3. Exports of Polystyrene in Primary Forms in Belgium
  4. Imports of Polystyrene in Primary Forms in Belgium

Price for Polystyrene in Primary Forms in Belgium (FOB) - 2023

In June 2023, the average polystyrene in primary forms export price amounted to $1,671 per ton, falling by -5.3% against the previous month. Over the period under review, the export price showed a perceptible decline. The growth pace was the most rapid in January 2023 an increase of 6.3% month-to-month. The export price peaked at $2,425 per ton in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In June 2023, the highest price was recorded for prices to Spain ($1,880 per ton) and the UK ($1,816 per ton), while the average price for exports to Israel ($1,476 per ton) and the Netherlands ($1,514 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-2.2%), while the prices for the other major destinations experienced a decline.

Price for Polystyrene in Primary Forms in Belgium (CIF) - 2023

In June 2023, the average polystyrene in primary forms import price amounted to $1,912 per ton, surging by 6.9% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 12% m-o-m. Over the period under review, average import prices reached the maximum at $2,125 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($3,416 per ton), while the price for Italy ($1,010 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Polystyrene in Primary Forms in Belgium

After three years of growth, shipments abroad of polystyrene in primary forms (excluding expansible polystyrene) decreased by -77.6% to 90K tons in 2022. Overall, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 257% against the previous year.

In value terms, polystyrene in primary forms exports declined dramatically to $180M in 2022. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 195%.

Export of Polystyrene in Primary Forms in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany72.114828485.96.0%
Turkey7.911010323.844.4%
United Kingdom3.16.165.016.474.2%
Austria3.89.931.78.832.3%
France5.58.512.96.24.1%
Netherlands4.211.526.35.48.7%
Italy3.110.711.44.311.5%
Spain0.82.33.93.969.6%
Morocco1.46.67.13.637.0%
China2.58.215.83.410.8%
Russia10.121.766.22.3-38.9%
Egypt2.27.212.01.2-18.3%
Others15.037.267.214.7-0.7%
Total13238870618010.9%

Top Export Markets for Polystyrene in Primary Forms from Belgium in 2022:

  1. Germany (41.1K tons)
  2. Turkey (12.3K tons)
  3. United Kingdom (8.3K tons)
  4. Austria (4.4K tons)
  5. Netherlands (4.2K tons)
  6. France (3.4K tons)
  7. Italy (2.4K tons)
  8. Spain (1.9K tons)
  9. Morocco (1.8K tons)
  10. China (1.7K tons)
  11. Russia (1.2K tons)
  12. Egypt (0.6K tons)

Imports of Polystyrene in Primary Forms in Belgium

After three years of growth, overseas purchases of polystyrene in primary forms (excluding expansible polystyrene) decreased by -24% to 42K tons in 2022. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year.

In value terms, polystyrene in primary forms imports contracted markedly to $80M in 2022. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 83%. As a result, imports reached the peak of $98M, and then contracted notably in the following year.

Import of Polystyrene in Primary Forms in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9.211.332.729.347.1%
Germany19.116.036.020.42.2%
Italy7.49.06.66.9-2.3%
Netherlands8.38.78.46.7-6.9%
SpainN/A1.11.94.397.7%
Czech RepublicN/A0.24.13.4312.3%
United Kingdom0.61.52.22.560.9%
Hungary3.21.40.62.0-14.5%
Others2.04.75.74.430.1%
Total49.853.898.179.917.1%

Top Suppliers of Polystyrene in Primary Forms to Belgium in 2022:

  1. France (14.9K tons)
  2. Germany (9.6K tons)
  3. Spain (4.6K tons)
  4. Netherlands (3.8K tons)
  5. Italy (2.6K tons)
  6. United Kingdom (2.0K tons)
  7. Czech Republic (1.6K tons)
  8. Hungary (0.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polystyrene in primary forms 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 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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