EU: Market for Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters) 2024

Market Size for Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters) in the EU

In 2022, the EU polyesters in primary forms market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2018; afterwards, it flattened through to 2022.

Production of Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters) in the EU

In value terms, polyesters in primary forms production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters)

Exports in the EU

In 2022, after two years of growth, there was significant decline in shipments abroad of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters), when their volume decreased by X% to X tons. Total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, polyesters in primary forms exports totaled $X in 2022. Total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), the Netherlands (X tons), Belgium (X tons), Spain (X tons) and Poland (X tons) were the main exporters of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters), together committing X% of total exports. Austria (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest polyesters in primary forms supplying countries in the European Union were Germany ($X), Italy ($X) and the Netherlands ($X), together accounting for X% of total exports. Belgium, Spain, Austria and Poland lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2022 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 Austria ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Imports of Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters)

Imports in the EU

After two years of growth, supplies from abroad of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters) decreased by X% to X tons in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, polyesters in primary forms imports expanded significantly to $X in 2022. In general, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Germany (X tons), distantly followed by Belgium (X tons), Italy (X tons), France (X tons), the Netherlands (X tons), Spain (X tons) and Poland (X tons) were the major importers of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters), together generating X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

The import price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Spain ($X per ton) and Poland ($X per ton), while the Netherlands ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, 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