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United Kingdom - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in the UK - 2023
Contents:
- Price for Polyethylene in Primary Forms in the UK (CIF) - 2023
- Price for Polyethylene in Primary Forms in the UK (FOB) - 2022
- Imports of Polyethylene in Primary Forms in the UK
- Exports of Polyethylene in Primary Forms in the UK
Price for Polyethylene in Primary Forms in the UK (CIF) - 2023
In June 2023, the average polyethylene in primary forms import price amounted to $1,538 per ton, approximately mirroring the previous month. Over the period under review, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in February 2023 an increase of 11% month-to-month. Over the period under review, average import prices hit record highs at $2,070 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,211 per ton), while the price for Spain ($857 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Polyethylene in Primary Forms in the UK (FOB) - 2022
The average polyethylene in primary forms export price stood at $996 per ton in 2020, with a decrease of -9.2% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 8.9% against the previous year. As a result, the export price reached the peak level of $1,770 per ton. From 2014 to 2020, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($1,241 per ton), while the average price for exports to China ($653 per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France (-4.1%), while the prices for the other major destinations experienced a decline.
Imports of Polyethylene in Primary Forms in the UK
In 2022, after two years of decline, there was significant growth in overseas purchases of polyethylene in primary forms, when their volume increased by 14% to 1.1M tons. Over the period under review, imports, however, continue to indicate a slight contraction.
In value terms, polyethylene in primary forms imports soared to $1.8B in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Import of Polyethylene in Primary Forms in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Belgium | 428 | 314 | -26.6% | ||
Netherlands | 232 | 179 | -22.8% | ||
Germany | 208 | 167 | -19.7% | ||
France | 87.0 | 67.6 | -22.3% | ||
United States | 65.4 | 62.9 | -3.8% | ||
Saudi Arabia | 85.6 | 44.5 | -48.0% | ||
Spain | 22.2 | 27.2 | 22.5% | ||
Ireland | 20.2 | 23.2 | 14.9% | ||
Egypt | 19.8 | 18.9 | -4.5% | ||
Austria | 16.2 | 14.0 | -13.6% | ||
Lithuania | 39.5 | 7.6 | -80.8% | ||
Others | 170 | 124 | -27.1% | ||
Total | 1,394 | 1,049 | -24.7% |
Top Suppliers of Polyethylene in Primary Forms to the UK in 2022:
- Belgium (292.8K tons)
- Netherlands (159.7K tons)
- Germany (118.7K tons)
- United States (68.4K tons)
- France (59.7K tons)
- Saudi Arabia (47.4K tons)
- Spain (27.2K tons)
- Egypt (20.2K tons)
- Austria (17.2K tons)
- Ireland (16.7K tons)
- Lithuania (7.9K tons)
Exports of Polyethylene in Primary Forms in the UK
In 2022, approx. 379K tons of polyethylene in primary forms were exported from the UK; leveling off at 2021 figures. Overall, exports saw a drastic downturn.
In value terms, polyethylene in primary forms exports totaled $729M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 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 with an increase of 31% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Polyethylene in Primary Forms in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Belgium | 102 | 78.6 | -22.9% | ||
Germany | 92.8 | 67.5 | -27.3% | ||
France | 61.6 | 46.5 | -24.5% | ||
Poland | 64.0 | 44.2 | -30.9% | ||
Netherlands | 43.6 | 37.9 | -13.1% | ||
Italy | 48.2 | 36.9 | -23.4% | ||
Ireland | 28.3 | 26.3 | -7.1% | ||
Spain | 34.4 | 23.6 | -31.4% | ||
Greece | 7.1 | 11.7 | 64.8% | ||
Lithuania | 6.8 | 10.4 | 52.9% | ||
Portugal | 11.5 | 9.1 | -20.9% | ||
Turkey | 2.2 | 7.7 | 250.0% | ||
China | 2.0 | 6.0 | 200.0% | ||
Others | 85.7 | 84.3 | -1.6% | ||
Total | 590 | 491 | -16.8% |
Top Export Markets for Polyethylene in Primary Forms from the UK in 2022:
- Belgium (102.6K tons)
- Germany (64.3K tons)
- Poland (45.8K tons)
- Italy (41.2K tons)
- France (40.5K tons)
- Netherlands (34.8K tons)
- Spain (27.7K tons)
- Ireland (21.2K tons)
- Greece (12.1K tons)
- Lithuania (11.4K tons)
- Turkey (10.2K tons)
- Portugal (9.2K tons)
- China (9.2K tons)
This report provides an in-depth analysis of the market for polyethylene in primary forms in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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