EU: Acrylic Polymer Market 2024

Acrylic Polymer Market Size in the EU

In 2023, the EU acrylic polymer market increased by X% to $X, rising for the third year in a row after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2023 and is likely to see gradual growth in the near future.

Acrylic Polymer Production in the EU

In value terms, acrylic polymer production dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2022, and then fell modestly in the following year.

Acrylic Polymer Exports

Exports in the EU

In 2023, shipments abroad of acrylic polymers (in primary forms) decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, acrylic polymer exports contracted to $X in 2023. Over the period under review, exports, however, saw a slight expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2022, and then dropped in the following year.

Exports by Country

In 2023, Germany (X tons), France (X tons) and Belgium (X tons) represented the largest exporter of acrylic polymers (in primary forms) in the European Union, generating X% of total export. The Netherlands (X tons) took the next position in the ranking, followed by Italy (X tons) and Spain (X tons). All these countries together took near X% share of total exports. Sweden (X tons) held a minor share of total exports.

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

In value terms, Germany ($X), France ($X) and Belgium ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. The Netherlands, Italy, Spain and Sweden lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Italy ($X per ton) was amongst the lowest.

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

Acrylic Polymer Imports

Imports in the EU

In 2023, supplies from abroad of acrylic polymers (in primary forms) decreased by X% to X tons, falling for the second year in a row after four years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, acrylic polymer imports contracted slightly to $X in 2023. Total imports indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2022, and then reduced in the following year.

Imports by Country

The purchases of the nine major importers of acrylic polymers (in primary forms), namely Germany, Italy, Poland, France, Belgium, Spain, the Netherlands, the Czech Republic and Sweden, represented more than two-thirds of total import.

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

In value terms, the largest acrylic polymer importing markets in the European Union were Germany ($X), Italy ($X) and Poland ($X), together accounting for X% of total imports. Belgium, France, the Netherlands, Spain, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, rising by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Belgium ($X per ton) and Germany ($X per ton), while Poland ($X per ton) and Sweden ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform