Overview of the Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Belgium
In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms rose modestly to $ in estimated in export prices. Overall, production showed significant growth. The pace of growth was the most pronounced in 2015 when the production volume increased by % year-to-year. Over the period under review, production hit record highs in and is expected to retain growth in the immediate term.
The revenue of the market for polyethylene terephthalate and other polyethylene terephthalate in primary forms in Belgium dropped modestly to $ in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a deep setback. Over the period under review, the market attained the peak level at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.