Europe: Market for Polyethylene Glycols and Polyethers in Primary Forms 2024

Market Size for Polyethylene Glycols and Polyethers in Primary Forms in Europe

The Europe polyethylene glycol and polyether market declined to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, showed a slight expansion. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Polyethylene Glycols and Polyethers in Primary Forms in Europe

In value terms, polyethylene glycol and polyether production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Polyethylene Glycols and Polyethers in Primary Forms

Exports in Europe

In 2022, after three years of growth, there was decline in shipments abroad of polyethylene glycols and polyethers in primary forms, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then declined modestly in the following year.

In value terms, polyethylene glycol and polyether exports contracted remarkably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

In 2022, the Netherlands (X tons), distantly followed by Belgium (X tons), Germany (X tons), Spain (X tons) and France (X tons) represented the major exporters of polyethylene glycols and polyethers in primary forms, together achieving X% of total exports. The following exporters - Italy (X tons) and Romania (X tons) - together made up X% of total exports.

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

In value terms, the largest polyethylene glycol and polyether supplying countries in Europe were the Netherlands ($X), Belgium ($X) and Germany ($X), together comprising X% of total exports. Spain, Italy, France and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Romania, with a CAGR of X%, saw the highest growth rate of 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 Europe stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

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 Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Polyethylene Glycols and Polyethers in Primary Forms

Imports in Europe

In 2022, the amount of polyethylene glycols and polyethers in primary forms imported in Europe declined to X tons, reducing by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% 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 imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, polyethylene glycol and polyether imports contracted markedly to $X in 2022. Total imports indicated a temperate increase 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2022, Germany (X tons), Italy (X tons), Belgium (X tons), Poland (X tons), the Netherlands (X tons), Spain (X tons), the UK (X tons), France (X tons), Russia (X tons), Portugal (X tons), Romania (X tons) and Switzerland (X tons) was the major importer of polyethylene glycols and polyethers in primary forms in Europe, creating X% of total import.

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

In value terms, the largest polyethylene glycol and polyether importing markets in Europe were Germany ($X), Italy ($X) and Belgium ($X), with a combined X% share of total imports. Poland, the Netherlands, the UK, France, Spain, Russia, Switzerland, Portugal and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, recorded the highest growth rate of 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 Europe amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

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

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

Source: IndexBox Platform