EU: Polypropylene Synthetic Staple Market 2020

Polypropylene Synthetic Staple Market Size in the EU

The revenue of the polypropylene synthetic staple market in the European Union amounted to $X in 2017, increasing by X% against the previous year. The polypropylene synthetic staple consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. In that year, the polypropylene synthetic staple market reached their peak level of $X. From 2012 to 2017, growth of the polypropylene synthetic staple market stood at a somewhat lower level.

Polypropylene Synthetic Staple Production in the EU

In 2017, the amount of polypropylene synthetic tow and staple produced in the European Union amounted to X tons, jumping by X% against the previous year. The polypropylene synthetic staple production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the output figure increased by X% year-to-year. Over the period under review, the polypropylene synthetic staple production reached its peak figure volume in 2017, and is likely to see steady growth in the near future.

Polypropylene Synthetic Staple Exports in the EU

In 2017, approx. X tons of polypropylene synthetic tow and staple were exported in the European Union; lowering by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, polypropylene synthetic staple exports amounted to $X in 2017. The polypropylene synthetic staple exports continue to indicate a relatively flat trend pattern. Over the period under review, the polypropylene synthetic staple exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Polypropylene Synthetic Staple Exports by Country in the EU

Belgium was the largest exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by Ireland (X tons), Romania (X tons), Spain (X tons), the Czech Republic (X tons), the UK (X tons) and Austria (X tons), together constituting X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to polypropylene synthetic staple exports from Belgium stood at +X%. At the same time, Austria (+X%), Romania (+X%), the Czech Republic (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. Ireland experienced a relatively flat trend pattern. By contrast, Spain (-X%) illustrated a downward trend over the same period. The Czech Republic (-X%), Austria (-X%), Romania (-X%) and Belgium (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest polypropylene synthetic staple supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Ireland ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In Belgium, polypropylene synthetic staple exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Ireland (+X% per year) and Spain (-X% per year).

Polypropylene Synthetic Staple Export Prices by Country in the EU

The polypropylene synthetic staple export price in the European Union stood at $X per ton in 2017, jumping by X% against the previous year. The polypropylene synthetic staple export price continues to indicate a slight curtailment. The growth pace was the most rapid in 2011, an increase of X% against the previous year. In that year, the export prices for polypropylene synthetic tow and staple attained their peak level of $X per ton. From 2012 to 2017, growth of the export prices for polypropylene synthetic tow and staple failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Austria ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the UK (+X% per year), while the other leaders experienced a decline in the export price figures.

Polypropylene Synthetic Staple Imports in the EU

In 2017, the amount of polypropylene synthetic tow and staple imported in the European Union stood at X tons, remaining constant against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, polypropylene synthetic staple imports stood at $X in 2017. The polypropylene synthetic staple imports continue to indicate a relatively flat trend pattern. In that year, the polypropylene synthetic staple imports attained their peak level of $X. From 2012 to 2017, growth of the polypropylene synthetic staple imports failed to regain its momentum.

Polypropylene Synthetic Staple Imports by Country in the EU

In 2017, Germany (X tons), distantly followed by Italy (X tons), the UK (X tons), Spain (X tons), France (X tons), Poland (X tons) and Belgium (X tons) were the main importers of polypropylene synthetic tow and staple, together generating X% of total imports. The Netherlands (X tons), the Czech Republic (X tons), Slovakia (X tons), Romania (X tons) and Slovenia (X tons) occupied the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Slovakia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. The UK, France, Belgium, Poland, the Netherlands, the Czech Republic, Slovakia, Romania and Slovenia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Slovakia (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Polypropylene Synthetic Staple Import Prices by Country in the EU

The polypropylene synthetic staple import price in the European Union stood at $X per ton in 2017, coming up by X% against the previous year. The polypropylene synthetic staple import price continues to indicate a measured shrinkage. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. In that year, the import prices for polypropylene synthetic tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for polypropylene synthetic tow and staple stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Netherlands ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (-X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform