Europe: Market for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) 2024

Market Size for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Europe

The Europe polystyrene in primary forms market rose markedly to $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Europe

In value terms, polystyrene in primary forms production expanded rapidly to $X in 2023 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Exports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Exports in Europe

In 2023, overseas shipments of polystyrene in primary forms (excluding expansible polystyrene) decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, polystyrene in primary forms exports shrank sharply to $X in 2023. Over the period under review, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) and France (X tons) represented roughly X% of total exports in 2023. Italy (X tons) ranks next in terms of the total exports with a X% share, followed by Germany (X%), Hungary (X%), Poland (X%) and Russia (X%).

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest polystyrene in primary forms supplying countries in Europe were Belgium ($X), France ($X) and Italy ($X), together accounting for X% of total exports. Germany, Hungary, Russia and Poland lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Europe stood at $X per ton in 2023, declining by X% against the previous year. Overall, 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%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Italy ($X per ton) and France ($X per ton), while Poland ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Imports in Europe

In 2023, the amount of polystyrene in primary forms (excluding expansible polystyrene) imported in Europe contracted to X tons, dropping by X% compared with the year before. In general, imports showed a slight decrease. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, polystyrene in primary forms imports declined sharply to $X in 2023. Overall, imports continue to indicate a mild setback. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Germany (X tons), Italy (X tons), Spain (X tons), Poland (X tons), Portugal (X tons), Russia (X tons), France (X tons), Belgium (X tons), Belarus (X tons), Romania (X tons), the UK (X tons) and Austria (X tons) was the main importer of polystyrene in primary forms (excluding expansible polystyrene) in Europe, generating X% of total import. The Netherlands (X tons) held a little share of total imports.

From 2012 to 2023, 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 polystyrene in primary forms importing markets in Europe were Germany ($X), Italy ($X) and Poland ($X), together comprising X% of total imports. Spain, Portugal, France, Russia, Belgium, Belarus, the UK, Romania, Austria and the Netherlands lagged somewhat behind, together comprising a further X%.

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

In 2023, the import price in Europe amounted to $X per ton, reducing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2022, and then contracted markedly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Poland ($X per ton) and France ($X per ton), while Russia ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform