Price for Poly(Lactic Acid); in Primary Forms in Belgium - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Belgium (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Belgium (FOB) - 2023
- Imports of Poly(Lactic Acid); in Primary Forms in Belgium
- Exports of Poly(Lactic Acid); in Primary Forms in Belgium
Price for Poly(Lactic Acid); in Primary Forms in Belgium (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $3,478 per ton, surging by 11% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 53%. Over the period under review, average import prices reached the maximum at $3,721 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,852 per ton), while the price for the Netherlands ($3,193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in Belgium (FOB) - 2023
The average export price for poly(lactic acid); in primary formses stood at $3,449 per ton in June 2023, increasing by 1.8% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 32% month-to-month. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($3,986 per ton), while the average price for exports to Thailand ($2,116 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in Belgium
In 2022, supplies from abroad of poly(lactic acid); in primary formses decreased by -7.1% to 7.6K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, imports reached the peak of 11K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, poly(lactic acid); in primary forms imports rose modestly to $26M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 62%. As a result, imports attained the peak of $30M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Poly(Lactic Acid); in Primary Forms in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 16.2 | 26.9 | 22.3 | 22.6 | 11.7% |
United States | 2.1 | 2.9 | 2.9 | 2.5 | 6.0% |
Germany | 0.1 | N/A | 0.1 | 0.8 | 100.0% |
Others | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
Total | 18.6 | 30.1 | 25.7 | 26.5 | 12.5% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Belgium in 2022:
- Netherlands (7.1K tons)
- United States (0.3K tons)
- Germany (0.1K tons)
Exports of Poly(Lactic Acid); in Primary Forms in Belgium
In 2022, poly(lactic acid); in primary forms exports from Belgium surged to 4.7K tons, rising by 41% compared with the year before. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports soared to $14M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Poly(Lactic Acid); in Primary Forms in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,127 | 1,887 | 2,524 | 3,375 | 44.1% |
Italy | 1,037 | 466 | 478 | 3,102 | 44.1% |
France | 702 | 1,106 | 1,271 | 1,254 | 21.3% |
Poland | 646 | 653 | 514 | 1,053 | 17.7% |
Czech Republic | 499 | 716 | 559 | 739 | 14.0% |
Switzerland | 220 | 261 | 330 | 563 | 36.8% |
Turkey | 53.1 | 446 | 372 | 557 | 118.9% |
United Kingdom | 85.9 | 144 | 300 | 513 | 81.4% |
Netherlands | 1,935 | 1,043 | 305 | 502 | -36.2% |
China | 91.8 | 274 | N/A | 472 | 72.6% |
Spain | 665 | 1,552 | 602 | 406 | -15.2% |
Russia | 365 | 763 | 531 | 204 | -17.6% |
Greece | 248 | 158 | 197 | 33.3 | -48.8% |
Others | 726 | 1,246 | 1,369 | 1,231 | 19.2% |
Total | 8,401 | 10,715 | 9,354 | 14,004 | 18.6% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Belgium in 2022:
- Germany (1174.0 tons)
- Italy (973.8 tons)
- France (482.3 tons)
- Poland (350.5 tons)
- Czech Republic (219.6 tons)
- China (218.1 tons)
- United Kingdom (199.4 tons)
- Netherlands (183.3 tons)
- Turkey (175.8 tons)
- Switzerland (171.9 tons)
- Spain (84.8 tons)
- Russia (66.7 tons)
- Greece (11.1 tons)
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