Eastern Europe: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in Eastern Europe

The East European compound plasticisers market was estimated at $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Compound Plasticisers Production in Eastern Europe

In value terms, compound plasticisers production contracted slightly to $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Compound Plasticisers Exports

Exports in Eastern Europe

In 2023, shipments abroad of compound plasticisers for rubber or plastics decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then declined notably in the following year.

In value terms, compound plasticisers exports contracted to $X in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2022, and then declined in the following year.

Exports by Country

Estonia dominates exports structure, reaching X tons, which was near X% of total exports in 2023. It was distantly followed by Poland (X tons), committing a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to compound plasticisers exports from Estonia stood at X%. At the same time, Poland (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Poland increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Estonia ($X) remains the largest compound plasticisers supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Estonia was relatively modest.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Estonia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Estonia (X%).

Compound Plasticisers Imports

Imports in Eastern Europe

Compound plasticisers imports rose modestly to X tons in 2023, with an increase of X% compared with the previous year. Overall, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, compound plasticisers imports expanded sharply to $X in 2023. Over the period under review, imports, however, showed a slight decrease. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the four major importers of compound plasticisers for rubber or plastics, namely Romania, Poland, Russia and Slovakia, represented more than two-thirds of total import. It was distantly followed by the Czech Republic (X tons), constituting an X% share of total imports. The following importers - Hungary (X tons) and Bulgaria (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest compound plasticisers importing markets in Eastern Europe were Poland ($X), Romania ($X) and Slovakia ($X), together accounting for X% of total imports.

Among the main importing countries, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, picking up by X% against the previous year. Import price indicated measured growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, compound plasticisers import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform