United Kingdom: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in the UK

The UK market for polyethylene terephthalate and other polyethylene terephthalate in primary forms was estimated at less than $X in 2022, remaining constant against the previous year. Overall, consumption, however, enjoyed a significant expansion. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in the UK

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at less than $X in 2022 estimated in export price. Over the period under review, production faced a abrupt decline. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

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Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from the UK

In 2013, approx. X tons of polyethylene terephthalate and other polyethylene terephthalate in primary forms were exported from the UK; remaining stable against the year before. In general, exports continue to indicate a mild reduction. The exports peaked at X tons in 2012, and then shrank in the following year.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms declined modestly to $X in 2013. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of attained the maximum at $X in 2012, and then declined slightly in the following year.

Exports by Country

France (X tons), Germany (X tons) and Luxembourg (X tons) were the main destinations of exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from the UK, with a combined X% share of total exports.

From 2012 to 2013, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene terephthalate and other polyethylene terephthalate in primary forms exported from the UK were France ($X), Luxembourg ($X) and Germany ($X), with a combined X% share of total exports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2013, approximately equating the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2013, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into the UK

In 2016, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms into the UK soared to X tons, with an increase of X% compared with 2015 figures. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2016 and are likely to see gradual growth in the immediate term.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms surged to $X in 2016. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2016, imports remained at a lower figure.

Imports by Country

In 2016, the Netherlands (X tons) constituted the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms supplier to the UK, with a X% share of total imports. Moreover, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from the Netherlands exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2016, the average annual growth rate of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Belgium (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to the UK, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2016, the average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, dropping by X% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth was the most pronounced in 2013 a decrease of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2016, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform