Overview of the Global Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

The global market for polyethylene with a specific gravity of less than X, in primary forms reached $X in 2022, with an increase of X% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms expanded modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, global production of reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports

In 2022, approx. X tons of polyethylene with a specific gravity of less than X, in primary forms were exported worldwide; reducing by X% against the year before. The total export 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 growth pace was the most rapid in 2013 when exports increased by X%. The global exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms stood at $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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the global exports of attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, Saudi Arabia (X tons), distantly followed by the United States (X tons), Belgium (X tons), Singapore (X tons) and the Netherlands (X tons) represented the largest exporters of polyethylene with a specific gravity of less than X, in primary forms, together achieving X% of total exports. The following exporters - Iran (X tons), Germany (X tons), Thailand (X tons), South Korea (X tons), Malaysia (X tons), Spain (X tons), Kuwait (X tons) and Canada (X tons) - together made up X% of total exports.

Exports from Saudi Arabia increased at an average annual rate of X% from 2012 to 2022. At the same time, the United States (X%), Canada (X%), Spain (X%), Malaysia (X%), Singapore (X%), Iran (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Belgium and South Korea experienced a relatively flat trend pattern. By contrast, Germany (X%), Thailand (X%) and Kuwait (X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X p.p.), the United States (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Belgium (X p.p.), Germany (X p.p.) and Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), the United States ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of global exports.

In terms of the main exporting countries, the United States, 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 global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, with an increase of X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports

In 2022, approx. X tons of polyethylene with a specific gravity of less than X, in primary forms were imported worldwide; stabilizing at 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X%. Global imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X tons), distantly followed by Turkey (X tons) and Singapore (X tons) were the key importers of polyethylene with a specific gravity of less than X, in primary forms, together constituting X% of total imports. Germany (X tons), Vietnam (X tons), Belgium (X tons), Italy (X tons), India (X tons), Mexico (X tons), Poland (X tons), France (X tons), the United States (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to polyethylene with a specific gravity of less than X imports into China stood at X%. At the same time, Vietnam (X%), Mexico (X%), Turkey (X%), the United States (X%), Poland (X%), Singapore (X%) and Italy (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The Netherlands and India experienced a relatively flat trend pattern. By contrast, France (X%), Belgium (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Vietnam and Turkey increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported polyethylene with a specific gravity of less than X, in primary forms worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average import price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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