Europe: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in Europe

After two years of growth, the Europe plastic ornamental articles market decreased by X% to $X in 2023. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then declined dramatically in the following year.

Plastic Ornamental Articles Production in Europe

In value terms, plastic ornamental articles production contracted rapidly to $X in 2023 estimated in export price. In general, production showed a noticeable reduction. The growth pace was the most rapid in 2022 with an increase of X%. As a result, production attained the peak level of $X, and then declined markedly in the following year.

Plastic Ornamental Articles Exports

Exports in Europe

In 2023, shipments abroad of statuettes and other ornamental articles of plastic decreased by X% to X tons for the first time since 2015, thus ending a seven-year rising trend. Total exports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2022, and then shrank in the following year.

In value terms, plastic ornamental articles exports shrank to $X in 2023. Overall, exports, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands was the main exporting country with an export of about X tons, which reached X% of total exports. Belgium (X tons) held the second position in the ranking, followed by Germany (X tons), Poland (X tons), France (X tons) and Spain (X tons). All these countries together held approx. X% share of total exports. The following exporters - Italy (X tons), Sweden (X tons), the UK (X tons) and Hungary (X tons) - together made up X% of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2023. At the same time, Hungary (X%), Sweden (X%), France (X%), Poland (X%), Spain (X%), Italy (X%), the UK (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. By contrast, Germany (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands, Hungary and Sweden increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic ornamental articles supplying countries in Europe were the Netherlands ($X), Germany ($X) and France ($X), together comprising X% of total exports. Poland, Belgium, Spain, Italy, the UK, Sweden and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

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 the UK ($X per ton), while Hungary ($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.

Plastic Ornamental Articles Imports

Imports in Europe

In 2023, the amount of statuettes and other ornamental articles of plastic imported in Europe dropped to X tons, waning by X% against the year before. Overall, imports recorded a mild downturn. The pace of growth was the most pronounced in 2018 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, plastic ornamental articles imports contracted remarkably to $X in 2023. Total imports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then contracted significantly in the following year.

Imports by Country

In 2023, Germany (X tons), the Netherlands (X tons), France (X tons) and the UK (X tons) was the largest importer of statuettes and other ornamental articles of plastic in Europe, creating X% of total import. Russia (X tons) took the next position in the ranking, followed by Spain (X tons), Belgium (X tons), Italy (X tons) and Poland (X tons). All these countries together took approx. X% share of total imports. The following importers - Sweden (X tons), the Czech Republic (X tons), Austria (X tons) and Greece (X tons) - each finished at an X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic ornamental articles importing markets in Europe were Germany ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports. The UK, Italy, Spain, Belgium, Russia, Poland, Austria, the Czech Republic, Greece and Sweden lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 Europe amounted to $X per ton, which is down by X% against the previous year. Import price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, plastic ornamental articles import price increased by X% against 2013 indices. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2022, and then contracted slightly in the following year.

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 Austria ($X per ton), while Sweden ($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.

Source: IndexBox Platform