Benelux: Expansible Polystyrene Market 2024

Expansible Polystyrene Market Size in Benelux

In 2023, the Benelux expansible polystyrene market increased by X% to $X, rising for the third consecutive year after two years of decline. The total consumption indicated tangible growth 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. Based on 2023 figures, consumption increased by X% against 2020 indices. The level of consumption peaked in 2023 and is expected to retain growth in years to come.

Expansible Polystyrene Production in Benelux

In value terms, expansible polystyrene production rose markedly to $X in 2023 estimated in export price. Overall, production saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Expansible Polystyrene Exports

Exports in Benelux

In 2023, overseas shipments of expansible polystyrene in primary forms decreased by X% to X tons, falling for the second year in a row after two years of growth. Total exports indicated a notable expansion from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, expansible polystyrene exports shrank dramatically to $X in 2023. Overall, exports, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then contracted notably in the following year.

Exports by Country

In 2023, the Netherlands (X tons) represented the major exporter of expansible polystyrene in primary forms, making up X% of total exports. It was distantly followed by Belgium (X tons), comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to expansible polystyrene exports from the Netherlands stood at X%. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2023.

Among the main exporting countries, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2023, declining by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2022, and then contracted markedly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Expansible Polystyrene Imports

Imports in Benelux

For the fourth consecutive year, Benelux recorded growth in supplies from abroad of expansible polystyrene in primary forms, which increased by X% to X tons in 2023. Total imports indicated a measured expansion 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. Based on 2023 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2022 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, expansible polystyrene imports shrank to $X in 2023. Overall, imports showed a pronounced expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2022, and then contracted in the following year.

Imports by Country

The purchases of the two major importers of expansible polystyrene in primary forms, namely the Netherlands and Belgium, represented more than two-thirds of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2023.

Among the main importing countries, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, which is down by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then dropped markedly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform