Eastern Europe: Polymethyl Methacrylate Market 2024

Polymethyl Methacrylate Market Size in Eastern Europe

The East European polymethyl methacrylate market stood at $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Polymethyl Methacrylate Production in Eastern Europe

In value terms, polymethyl methacrylate production totaled $X in 2023 estimated in export price. The total production indicated measured 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, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Polymethyl Methacrylate Exports

Exports in Eastern Europe

In 2023, shipments abroad of polymethyl methacrylate in primary forms decreased by less than X% to X tons, falling for the second consecutive year after two years of growth. Total exports indicated a strong 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 appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, polymethyl methacrylate exports expanded rapidly to $X in 2023. Over the period under review, exports, however, saw moderate growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Poland (X tons) was the key exporter of polymethyl methacrylate in primary forms, achieving X% of total exports. The Czech Republic (X tons) took the second position in the ranking, followed by Slovakia (X tons). All these countries together took approx. X% share of total exports. Romania (X tons), Russia (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Slovakia (X%), Romania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Russia (X%) and Bulgaria (X%) illustrated a downward trend over the same period. Poland (X p.p.), Slovakia (X p.p.) and Romania (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic, Russia and Bulgaria saw its share reduced by X%, X% and X% from 2012 to 2023, respectively.

In value terms, Poland ($X) remains the largest polymethyl methacrylate supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Poland stood at X%. In the other countries, the average annual rates were as follows: Romania (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Romania ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Polymethyl Methacrylate Imports

Imports in Eastern Europe

In 2023, purchases abroad of polymethyl methacrylate in primary forms increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Total imports indicated a strong 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. Based on 2023 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked in 2023 and is likely to see steady growth in the near future.

In value terms, polymethyl methacrylate imports rose sharply to $X in 2023. Total imports indicated a moderate increase 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of polymethyl methacrylate imports in 2023 were Poland (X tons), Russia (X tons) and Bulgaria (X tons), together recording X% of total import. The Czech Republic (X tons) ranks next in terms of the total imports with a X% share, followed by Slovakia (X%). Romania (X tons) and Hungary (X tons) followed a long way behind the leaders.

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

In value terms, the largest polymethyl methacrylate importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Slovakia ($X), together accounting for X% of total imports. Russia, Bulgaria, Romania and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the import price recorded a slight reduction. The pace of growth was the most pronounced in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform