EU: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2023

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in the EU

The EU market for cellular plates, sheets and films of polyymers of styrene was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in the EU

In value terms, production of cellular plates, sheets and films of polyymers of styrene soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports in the EU

In 2021, exports of cellular plates, sheets and films of polyymers of styrene in the European Union soared to X tons, with an increase of 16% on 2020. The total export volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany represented the key exporting country with an export of about X tons, which resulted at 26% of total exports. Poland (X tons) held a 10% share (based on physical terms) of total exports, which put it in second place, followed by Austria (10%), Belgium (10%) and Italy (4.7%). Hungary (X tons), Spain (X tons), France (X tons), the Czech Republic (X tons), Romania (X tons), Slovenia (X tons), Greece (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to polystyrene cellular plates, sheets and films exports from Germany stood at +2.8%. At the same time, Romania (+33.8%), France (+12.1%), Hungary (+11.2%), Slovenia (+8.9%), Greece (+5.2%), the Czech Republic (+4.8%), Poland (+3.4%), Austria (+2.0%) and Belgium (+1.4%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +33.8% from 2012-2021. Spain experienced a relatively flat trend pattern. By contrast, Italy (-1.2%) and Sweden (-2.3%) illustrated a downward trend over the same period. Romania (+3.7 p.p.), France (+2.1 p.p.) and Hungary (+2 p.p.) significantly strengthened its position in terms of the total exports, while Austria, Germany, Belgium and Italy saw its share reduced by -1.6%, -2.3%, -2.3% and -2.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest polystyrene cellular plates, sheets and films supplier in the European Union, comprising 27% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by Austria, with an 11% share.

In Germany, exports of cellular plates, sheets and films of polyymers of styrene remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Poland (+6.3% per year) and Austria (+0.7% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, surging by 21% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Poland ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.1%), while the other leaders experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports in the EU

Imports of cellular plates, sheets and films of polyymers of styrene surged to X tons in 2021, with an increase of 27% against the year before. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +92.1% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene soared to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), France (X tons) and Austria (X tons) represented the key importer of cellular plates, sheets and films of polyymers of styrene in the European Union, making up 40% of total import. Belgium (X tons) ranks next in terms of the total imports with a 6% share, followed by Poland (5.6%) and Italy (5.5%). The following importers - Hungary (X tons), Croatia (X tons), the Netherlands (X tons), Spain (X tons), Slovakia (X tons), Slovenia (X tons) and the Czech Republic (X tons) - together made up 25% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of +16.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Austria ($X) were the countries with the highest levels of imports in 2021, with a combined 38% share of total imports. These countries were followed by Belgium, Italy, Poland, the Netherlands, the Czech Republic, Hungary, Croatia, Slovenia, Slovakia and Spain, which together accounted for a further 43%.

In terms of the main importing countries, Hungary, with a CAGR of +15.5%, recorded the highest rates of growth with regard to 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 the European Union stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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