Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK - 2023
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK (CIF) - 2023
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK (FOB) - 2023
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK (CIF) - 2023
In December 2023, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,826 per ton, dropping by -2.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 12% against the previous month. As a result, import price attained the peak level of $5,454 per ton. From April 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($5,138 per ton), while the price for Turkey ($1,652 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK (FOB) - 2023
In December 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $4,796 per ton, surging by 4.9% against the previous month. Overall, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 23% m-o-m. The export price peaked at $6,422 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($10,106 per ton), while the average price for exports to Nicaragua ($357 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK
In 2022, after two years of decline, there was growth in purchases abroad of adhesives; prepared, based on rubber or plastics (including artificial resins), when their volume increased by 3.4% to 49K tons. In general, imports, however, showed a pronounced slump.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $215M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 97.1 | 80.8 | 78.1 | 75.1 | -8.2% |
| France | 12.0 | 15.8 | 14.6 | 29.0 | 34.2% |
| United States | 12.2 | 10.6 | 11.2 | 20.5 | 18.9% |
| Italy | 13.4 | 11.5 | 11.1 | 20.4 | 15.0% |
| Netherlands | 22.9 | 16.4 | 13.6 | 13.7 | -15.7% |
| Sweden | 7.7 | 7.0 | 7.8 | 11.5 | 14.3% |
| Belgium | 14.6 | 13.9 | 10.4 | 11.3 | -8.2% |
| Switzerland | 0.4 | 0.3 | 4.7 | 5.2 | 135.1% |
| Others | 16.9 | 17.6 | 25.1 | 27.8 | 18.0% |
| Total | 197 | 174 | 177 | 215 | 3.0% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to the UK in 2022:
- Germany (17.6K tons)
- France (6.4K tons)
- Italy (5.0K tons)
- Netherlands (4.8K tons)
- Sweden (3.9K tons)
- Belgium (3.5K tons)
- Switzerland (1.3K tons)
- United States (1.2K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK
In 2022, shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) was finally on the rise to reach 21K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decrease.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) shrank modestly to $107M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports reached the peak of $108M, and then declined modestly in the following year.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.2 | 12.1 | 17.4 | 13.9 | -0.7% |
| China | 5.7 | 6.6 | 8.4 | 9.4 | 18.1% |
| France | 10.3 | 8.2 | 8.2 | 8.7 | -5.5% |
| Netherlands | 6.3 | 6.3 | 6.0 | 6.5 | 1.0% |
| Italy | 6.2 | 5.2 | 6.9 | 5.9 | -1.6% |
| Turkey | 1.7 | 2.4 | 4.0 | 5.5 | 47.9% |
| United States | 4.7 | 3.5 | 4.8 | 5.5 | 5.4% |
| Ireland | 10.2 | 10.4 | 7.2 | 5.5 | -18.6% |
| Poland | 5.5 | 5.4 | 5.7 | 4.8 | -4.4% |
| South Korea | 4.2 | 2.2 | 4.0 | 4.0 | -1.6% |
| Czech Republic | 1.4 | 1.7 | 2.8 | 3.0 | 28.9% |
| Nicaragua | N/A | N/A | N/A | 1.2 | 0% |
| Hungary | 0.8 | 0.6 | 0.3 | 0.8 | 0.0% |
| Others | 32.9 | 31.1 | 32.5 | 32.1 | -0.8% |
| Total | 104 | 95.7 | 108 | 107 | 1.0% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from the UK in 2022:
- Nicaragua (3.2K tons)
- Ireland (2.7K tons)
- Germany (2.2K tons)
- Italy (1.3K tons)
- Netherlands (1.2K tons)
- France (1.2K tons)
- Turkey (1.1K tons)
- Poland (1.1K tons)
- China (0.8K tons)
- Czech Republic (0.7K tons)
- United States (0.6K tons)
- South Korea (0.5K tons)
- Hungary (0.4K tons)
231
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in the UK.
308
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
231
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in the UK.
308
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
248
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
248
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
