Benelux: Market for Plastics in Primary Forms 2024

Market Size for Plastics in Primary Forms in Benelux

In 2023, the Benelux plastics in primary forms market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Production of Plastics in Primary Forms in Benelux

In value terms, plastics in primary forms production amounted to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Exports of Plastics in Primary Forms

Exports in Benelux

In 2023, shipments abroad of plastics in primary formses decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a mild reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, plastics in primary forms exports contracted significantly to $X in 2023. Overall, exports showed a slight reduction. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2023, Belgium (X tons) was the main exporter of plastics in primary formses, constituting X% of total exports. It was distantly followed by the Netherlands (X tons), achieving a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2023.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2022, and then dropped in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Plastics in Primary Forms

Imports in Benelux

In 2023, supplies from abroad of plastics in primary formses decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, plastics in primary forms imports fell remarkably to $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then fell significantly in the following year.

Imports by Country

Belgium represented the largest importer of plastics in primary formses in Benelux, with the volume of imports resulting at X tons, which was near X% of total imports in 2023. It was distantly followed by the Netherlands (X tons), mixing up a X% share of total imports. Luxembourg (X tons) held a little share of total imports.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2023.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2022, and then contracted in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform