Price for Poly(Lactic Acid); in Primary Forms in the Netherlands - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in the Netherlands (FOB) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in the Netherlands (CIF) - 2023
  3. Exports of Poly(Lactic Acid); in Primary Forms in the Netherlands
  4. Imports of Poly(Lactic Acid); in Primary Forms in the Netherlands

Price for Poly(Lactic Acid); in Primary Forms in the Netherlands (FOB) - 2022

In 2022, the average export price for poly(lactic acid); in primary formses amounted to $3,595 per ton, growing by 19% against the previous year. Overall, the export price, however, faced a abrupt curtailment. The export price peaked at $19,412 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($6,573 per ton), while the average price for exports to Belgium ($3,324 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Poly(Lactic Acid); in Primary Forms in the Netherlands (CIF) - 2023

In June 2023, the average import price for poly(lactic acid); in primary formses amounted to $2,497 per ton, approximately mirroring the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 4.4% m-o-m. As a result, import price reached the peak level of $2,622 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($2,549 per ton), while the price for Thailand amounted to $2,373 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.2%).

Exports of Poly(Lactic Acid); in Primary Forms in the Netherlands

In 2022, shipments abroad of poly(lactic acid); in primary formses decreased by -16.7% to 55K tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 53%. As a result, the exports attained the peak of 67K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, poly(lactic acid); in primary forms exports declined to $197M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.6% 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 +84.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 70%.

Export of Poly(Lactic Acid); in Primary Forms in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany46.668.076.060.99.3%
Italy35.759.460.759.418.5%
BelgiumN/A26.026.224.2-3.5%
FranceN/A2.33.39.8106.4%
United Kingdom5.55.26.27.711.9%
Spain2.04.94.96.145.0%
United States5.54.56.35.4-0.6%
Sweden3.53.83.35.415.6%
Austria1.20.70.84.656.5%
Turkey0.50.12.43.998.3%
Others6.57.09.09.613.9%
Total10718219919722.6%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from the Netherlands in 2022:

  1. Germany (18.1K tons)
  2. Italy (16.6K tons)
  3. Belgium (7.3K tons)
  4. United Kingdom (2.1K tons)
  5. Spain (1.6K tons)
  6. France (1.5K tons)
  7. Sweden (1.5K tons)
  8. Austria (1.3K tons)
  9. Turkey (1.0K tons)
  10. United States (0.9K tons)

Imports of Poly(Lactic Acid); in Primary Forms in the Netherlands

In 2022, overseas purchases of poly(lactic acid); in primary formses decreased by -9.8% to 53K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of 60K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, poly(lactic acid); in primary forms imports rose significantly to $144M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +57.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Poly(Lactic Acid); in Primary Forms in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States71.292.410410614.2%
Thailand17.218.531.737.029.1%
Others3.40.81.21.1-31.4%
Total91.811213714416.2%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to the Netherlands in 2022:

  1. United States (39.5K tons)
  2. Thailand (13.6K tons)

Source: IndexBox Market Intelligence Platform

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