EU: Resinoids Market 2024

Resinoids Market Size in the EU

The EU resinoids market shrank significantly to $X in 2022, falling by X% against the previous year. In general, consumption continues to indicate a drastic downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Resinoids Production in the EU

In value terms, resinoids production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Resinoids Exports

Exports in the EU

In 2022, the amount of resinoids exported in the European Union contracted markedly to X tons, dropping by X% compared with the previous year. Overall, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then declined significantly in the following year.

In value terms, resinoids exports declined significantly to $X in 2022. The total export 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 pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted sharply in the following year.

Exports by Country

France was the key exporting country with an export of around X tons, which amounted to X% of total exports. Spain (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%). Germany (X tons), the Netherlands (X tons), Poland (X tons), Portugal (X tons), Hungary (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the largest resinoids supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (X% per year) and Germany (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Portugal ($X per ton) was amongst the lowest.

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

Resinoids Imports

Imports in the EU

After two years of growth, supplies from abroad of resinoids decreased by X% to X tons in 2022. Total imports indicated notable 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. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X tons in 2021, and then declined in the following year.

In value terms, resinoids imports shrank dramatically to $X in 2022. Total imports indicated a modest 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. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then fell rapidly in the following year.

Imports by Country

The countries with the highest levels of resinoids imports in 2022 were Spain (X tons), France (X tons) and the Czech Republic (X tons), together accounting for X% of total import. Italy (X tons) took the next position in the ranking, followed by Austria (X tons). All these countries together took approx. X% share of total imports. Greece (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greece (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Netherlands, the Czech Republic, Greece and Austria lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Greece, with a CAGR of X%, saw 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

In 2022, the import price in the European Union amounted to $X per ton, dropping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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