Price trends for flexible packaging materials

After the Prices for flexible packaging materials to peak in mid-2022 they fell in the third quarter of 2023, following the trend observed in the first half of this year. Although they are all still above the reference price set in the fourth quarter of 2020 (100 per cent), the Most packaging prices have fallen by around 10 to 20 per cent since the previous quarter, according to the recently published Flexible Packaging Europe (FPE) published evaluation.

„The reluctance of end consumers to buy packaged food and the existing stock levels along the value chain continue to affect demand for flexible packaging in the short term. Although the general price increase is declining, it is not happening as quickly as some had expected. While these mostly double-digit declines are welcome in order to mitigate inflation, the price basket for flexible materials is still much higher than before the Covid pandemic and continues to fluctuate. For all these reasons, our customers remain very cautious, as do material suppliers, but we expect demand to pick up in 2024.“

Guido Aufdemkamp, FPE Managing Director 

Display

The Prices for HDPE and LDPE have fallen by 10 per cent and 14 per cent respectively compared to the second quarter of 2023 The price for one-side coated paper with a basis weight of 60 g/m2 fell by 7 per cent and now stands at 140 per cent, while the price for 15-micron BOPA film fell by 8 per cent to 124 per cent and for 20-micron BOPP film by 11 per cent to 113 per cent, which is closest to the original benchmark price. The price for PET film with 12 microns fell by only 4 per cent in the last quarter and now stands at 136 per cent.