EU: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in the EU

The EU compound plasticisers market stood at $X in 2023, surging by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Compound Plasticisers Production in the EU

In value terms, compound plasticisers production expanded modestly to $X in 2023 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

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Compound Plasticisers Exports

Exports in the EU

In 2023, shipments abroad of compound plasticisers for rubber or plastics decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, compound plasticisers exports declined to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; 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 X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Germany (X tons) was the key exporter of compound plasticisers for rubber or plastics, mixing up X% of total exports. Estonia (X tons) ranks second in terms of the total exports with a X% share, followed by Belgium (X%) and the Netherlands (X%). Italy (X tons), Spain (X tons) and Poland (X tons) followed a long way behind the leaders.

Exports from Germany decreased at an average annual rate of X% from 2012 to 2023. At the same time, Poland (X%), Belgium (X%), Italy (X%) and Spain (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Estonia (X%) and the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Belgium, Italy, Spain and Poland increased by X, X, X and X percentage points, respectively.

In value terms, Germany ($X) remains the largest compound plasticisers supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Estonia ($X), with a X% share of total exports. It was followed by Belgium, with an X% share.

In Germany, compound plasticisers exports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Estonia (X% per year) and Belgium (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Estonia ($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.

Compound Plasticisers Imports

Imports in the EU

In 2023, approx. X tons of compound plasticisers for rubber or plastics were imported in the European Union; dropping by X% against the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, compound plasticisers imports declined to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then shrank slightly in the following year.

Imports by Country

In 2023, France (X tons), Belgium (X tons), Italy (X tons), Germany (X tons), the Netherlands (X tons) and Portugal (X tons) was the main importer of compound plasticisers for rubber or plastics in the European Union, generating X% of total import. Romania (X tons), Poland (X tons), Spain (X tons), Slovakia (X tons), Austria (X tons) and the Czech Republic (X tons) held a minor 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, France ($X), Belgium ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Italy, Portugal, the Netherlands, Poland, Spain, Romania, Slovakia, Austria and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 the European Union amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per ton), while the Netherlands ($X per ton) was 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 more modest paces of growth.

Source: IndexBox Platform