{"id":87054,"date":"2023-10-25T10:12:13","date_gmt":"2023-10-25T08:12:13","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=87054"},"modified":"2023-10-25T12:05:18","modified_gmt":"2023-10-25T10:05:18","slug":"price-development-for-flexible-packaging-materials","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/preisentwicklung-bei-flexiblen-packstoffen\/","title":{"rendered":"Price trends for flexible packaging materials"},"content":{"rendered":"
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According to the latest figures from Flexible Packaging Europe, prices for flexible packaging materials have peaked. Prices fell in the third quarter of 2023, but are still above the set reference prices.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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After the Prices for flexible packaging materials to peak in mid-2022<\/strong> 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<\/strong>, according to the recently published Flexible Packaging Europe (FPE)<\/a> published evaluation.<\/p>

\u201eThe 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.\u201c<\/p>

Guido Aufdemkamp<\/strong>, FPE Managing Director\u00a0<\/p><\/blockquote>

The Prices for HDPE and LDPE have fallen by 10 per cent and 14 per cent respectively compared to the second quarter of 2023<\/strong> 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<\/strong> and now stands at 136 per cent.<\/p>

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\u201ePrices paid in Europe for flexible packaging materials fell in the third quarter for all film and paper grades we monitor, which was also the case in the second quarter. The fall in prices is due to the continuing weakness in order volumes, which is attributable to weak demand from European consumers and the reduction in inventories. In addition, there is a global overcapacity in some substrate markets following a sharp increase in production capacity in recent years. Although we believe that some substrate prices will continue to fall in the fourth quarter, prices for certain products could also stabilise.\u201c<\/p>

David Buckby<\/strong>, Senior Analyst at Wood Mackenzie<\/p><\/blockquote>

Source:\u00a0<\/em>Flexible Packaging Europe<\/a><\/p>

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Further news on the markets <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tItaly wants an exception for compostable single-use packaging\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tFor the packaging industry, the initiative is primarily relevant from a regulatory perspective.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tRaw material shortages threaten the plastic packaging industry\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe price increases from raw material suppliers can only be partially passed on to their customers by packaging manufacturers.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tAI reduces food loss in the packaging chain\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe results also show potential for the packaging industry.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tPackaging trends are changing the craft beer market\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tAlongside the materials question, there is increasing polarisation regarding packaging sizes.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tOpen letter warns of collapse of plastic recycling\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tPlastic recycling in Europe is in an existential crisis, according to the signatories.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tPPWR guidelines bring clarity and criticism\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tAssociations see progress, but call for additional clarifications before the regulation comes into force in August 2026.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"The new figures from Flexible Packaging Europe on flexible packaging materials show that prices have peaked.","protected":false},"author":1,"featured_media":87058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"__cvm_playback_settings":[],"__cvm_video_id":"","rank_math_description":"Die neuen Zahlen von Flexible Packaging Europe zu flexiblen Packstoffen, haben diese ihren H\u00f6hepunkt bei den Preisen \u00fcberschritten.","rank_math_focus_keyword":"preis,flexible,packstoff","rank_math_title":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[111],"tags":[57578,54,36,32,1487],"class_list":{"0":"post-87054","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-maerkte","8":"tag-flexible-packaging-europe","9":"tag-kunststoff-und-verbunde","10":"tag-markt","11":"tag-packmittel-und-packstoffe","12":"tag-papier-pappe-karton","13":"cs-entry","14":"cs-video-wrap"},"acf":[],"vimeo_video":null,"_links":{"self":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/87054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/comments?post=87054"}],"version-history":[{"count":0,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/87054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media\/87058"}],"wp:attachment":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media?parent=87054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/categories?post=87054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/tags?post=87054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}