EU: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in the EU

The EU market for polyethylene terephthalate and other polyethylene terephthalate in primary forms dropped significantly to $X in 2023, shrinking by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in the EU

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted markedly to $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports in the EU

After two years of growth, shipments abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by X% to X tons in 2020. Over the period under review, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms shrank to $X in 2020. In general, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

In 2020, France (X tons) represented the major exporter of polyethylene terephthalate and other polyethylene terephthalate in primary forms, achieving X% of total exports. It was distantly followed by Austria (X tons), comprising a X% share of total exports.

France was also the fastest-growing in terms of the polyethylene terephthalate and other polyethylene terephthalate in primary forms exports, with a CAGR of X% from 2012 to 2020. Austria experienced a relatively flat trend pattern. France (X p.p.) and Austria (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) remains the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports.

From 2012 to 2020, the average annual growth rate of value in France was relatively modest.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2020, which is down by X% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was France ($X per ton), while Austria totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by France (X%).

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports in the EU

In 2016, approx. X tons of polyethylene terephthalate and other polyethylene terephthalate in primary forms were imported in the European Union; with an increase of X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of import peaked in 2016 and is likely to see gradual growth in the immediate term.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms declined to $X in 2016. Overall, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2016, the growth of imports of remained at a lower figure.

Imports by Country

Italy (X tons), France (X tons) and Germany (X tons) represented roughly X% of total imports in 2016. Poland (X tons) ranks next in terms of the total imports with a X% share, followed by the Czech Republic (X%) and Belgium (X%). The following importers - Romania (X tons), Austria (X tons), Portugal (X tons), Spain (X tons), Luxembourg (X tons), the Netherlands (X tons) and Hungary (X tons) - together made up X% of total imports.

From 2012 to 2016, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms importing markets in the European Union were Italy ($X), Germany ($X) and France ($X), with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2016, the import price in the European Union amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price recorded a deep downturn. The growth pace was the most rapid in 2013 a decrease of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2016, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2016, major importing countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while the Netherlands ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform