Europe: Ethylene Polymer Bag Market 2024

Ethylene Polymer Bag Market Size in Europe

For the fourth year in a row, the Europe ethylene polymer bag market recorded growth in sales value, which increased by 2.8% to $X in 2022. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Ethylene Polymer Bag Production in Europe

In value terms, ethylene polymer bag production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Ethylene Polymer Bag Exports

Exports in Europe

In 2022, the amount of sacks and bags of polymers of ethylene exported in Europe declined modestly to X tons, with a decrease of -1.6% against 2021. The total export volume increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 11%. The volume of export peaked at X tons in 2021, and then fell in the following year.

In value terms, ethylene polymer bag exports rose to $X in 2022. The total export value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) and Poland (X tons) represented roughly 40% of total exports in 2022. The Netherlands (X tons) held the next position in the ranking, followed by Italy (X tons). All these countries together took near 19% share of total exports. The following exporters - Spain (X tons), Bulgaria (X tons), France (X tons), Lithuania (X tons), the UK (X tons), Sweden (X tons), the Czech Republic (X tons), Slovakia (X tons) and Austria (X tons) - together made up 27% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +8.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest ethylene polymer bag supplier in Europe, comprising 26% of total exports. The second position in the ranking was taken by Poland ($X), with a 12% share of total exports. It was followed by the Netherlands, with an 11% share.

In Germany, ethylene polymer bag exports expanded at an average annual rate of +1.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (+9.6% per year) and the Netherlands (+7.2% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, growing by 4.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 11%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the other leaders experienced more modest paces of growth.

Ethylene Polymer Bag Imports

Imports in Europe

In 2022, imports of sacks and bags of polymers of ethylene in Europe reached X tons, growing by 5.3% against the year before. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ethylene polymer bag imports expanded notably to $X in 2022. The total import value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The countries with the highest levels of ethylene polymer bag imports in 2022 were Germany (X tons), the UK (X tons), the Netherlands (X tons) and France (X tons), together recording 57% of total import. The following importers - Belgium (X tons), Poland (X tons), Spain (X tons), Switzerland (X tons), Denmark (X tons), Italy (X tons), Sweden (X tons), the Czech Republic (X tons) and Austria (X tons) - together made up 27% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +7.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together comprising 42% of total imports. The Netherlands, Switzerland, Belgium, Poland, Italy, the Czech Republic, Spain, Austria, Sweden and Denmark lagged somewhat behind, together comprising a further 39%.

The Czech Republic, with a CAGR of +6.9%, 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 2022, the import price in Europe amounted to $X per ton, increasing by 2.9% against the previous year. In general, the import price recorded slight growth. The pace of growth was the most pronounced in 2021 when the import price increased by 11%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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