HDPE Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

HDPE Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A22516
Buy Now

HDPE Prices December 2023

Category Region Price
HDPE Polymer & Resin USA 1230 USD/MT (HDPE Blow Moulding Grade)
HDPE Polymer & Resin Japan 954 USD/MT (HDPE Blow Moulding Grade)
HDPE Polymer & Resin United Kingdom 1238 USD/MT (HDPE Injection)
HDPE Polymer & Resin UAE 1048 USD/MT (HDPE Injection Molding)
HDPE Polymer & Resin Brazil 1068 USD/MT (HDPE Blow Moulding Grade)

The price of HDPE in the USA experienced a fluctuation during the fourth quarter of 2023. In November, export offers emerged, reminding some producers to adjust their costs downwards to reflect the low international sentiment, likely influenced by declining crude oil prices. Additionally, supply chain disruptions were observed due to low water levels in the Panama Canal, which affected the prices of HDPE in the country, reaching 1230 USD/MT (HDPE Blow Moulding Grade).

In the fourth quarter of 2023, the Asia-Pacific region witnessed a mixed trend in HDPE prices, with the Indian and Chinese markets initially declining but bouncing back in December. Conversely, markets in Singapore, South Korea, and Japan experienced a downward trajectory during this period. The quarter concluded with HDPE prices quoted at 954 USD/MT (HDPE Blow Moulding Grade) in Japan.

The HDPE market in the United Kingdom observed decline in prices reaching 1238 USD/MT (HDPE Injection), mainly due to low demand in the downstream packaging and construction industry. On the other hand, the top factors influencing the market included lackluster economic conditions and high product supplies.

In the fourth quarter of 2023, the Middle Eastern HDPE prices experienced a marginal decline due to the easing of feedstock ethylene and crude oil costs, which results lowered production costs. Moreover, negative demand sentiments from Asian and European markets contributed to the downward shift in prices. The quarter ending prices of HDPE in UAE reached 1048 USD/MT (HDPE Injection Molding).

In Brazil, at the end of the quarter, manufacturing industry continued to decrease, with output and new orders reducing for the third consecutive month. This led to a reduction in input buying as companies prioritized utilization over adding to inventories. As a result, the price of HDPE by the end of the quarter in the country was quoted at USD 1068 USD/MT (HDPE Blow Moulding Grade).

HDPE Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “HDPE Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of HDPE pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of HDPE at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of HDPE price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing HDPE price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

HDPE Price Trend

HDPE Market Analysis

The global HDPE market size reached US$ 81.3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 113.7 Billion, at a projected CAGR of 3.7% during 2023-2032.

  • The increasing focus on sustainability is catalyzing the demand for HDPE as it is recyclable and can be remodeled for various applications, aligning with environmental goals.
  • The growing infrastructure projects across the globe, mainly in construction, water management, and transportation, are driving the demand for HDPE in pipes, sheets, and other products.
  • According to IMARC Group’s report, the global food packaging market size reached US$ 385.1 Billion in 2023 and is expected to reach US$ 611.6 Billion by 2032. HDPE is gaining traction in the food packaging industry for providing protection to food products during transportation and storage.
  • The increasing HDPE as a substitution of traditional materials like glass, metal, and wood in the automotive, agriculture, and consumer goods industries due to its cost-effectiveness and performance advantages is impelling the market growth.
  • The World Bank’s report of 2023 claims that around 50% of the population resides in urban areas, which is expected to increase by 1.5 times to 6 billion by 2045. Rapid urbanization and population growth is driving the demand for HDPE products in urban infrastructure and waste management, mainly in developing countries.
  • Ongoing research and development (R&D) activities are leading to the innovations of new grades and applications of HDPE, expanding its market potential while driving innovations.
  • Supportive regulations and standards promoting the utilization of HDPE in multiple applications is contributing to the growth of the market for ensuring compliance and safety.
  • As per IMARC group’s, the global biodegradable packaging market is expected to reach US$ 166.2 Billion by 2032. The growing awareness among individuals about sustainable and eco-friendly packaging materials is positively influencing the HDPE packaging market.
  • The rising employment of HDPE for manufacturing medical devices, laboratory equipment, and packaging materials, as its biocompatibility, chemical resistance, and sterilizability can meet the stringent requirements of medical applications is supporting the market growth.


The report covers the latest developments, updates, and trends impacting the global HDPE market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in HDPE production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the HDPE price trend.

Latest developments in the HDPE industry:

  • In 2023, Danimer Scientific collaborates with Chevron Phillips Chemical to make biodegradable plastic products.
  • In 2024, ISCO announced that they have agreed to acquire substantially all of the assets of Infinity Plastics, a top manufacturer of fabricated HDPE piping products.

Product Description

High-density polyethylene (HDPE) is a plastic known for its high strength-to-density ratio and resistance to various solvents, which makes it suitable for multiple ranges of applications. It is mainly valued for its durability, flexibility, and recyclability. It can resist harsh environmental conditions like temperature variations and exposure to chemicals. Furthermore, it is highly flexible and can be easily molded into multiple shapes, allowing customization in the process.

HDPE is resistant to corrosion from chemicals and moisture, making it a preferred material for piping systems that can be used in applications, such as water distribution, sewage, and gas transportation. It is widely employed in agriculture irrigation systems for transporting water to fields. It is also utilized in the manufacturing of toys, playground equipment, and recreational goods owing to its safety and durability to weathering and ultraviolet (UV) radiation. Besides this, it assists in manufacturing packaging products like containers, jars, and bottles, as its lightweight nature makes it ideal for storage of various liquids, including beverages and personal care products.

Regional Coverage

The report provides a detailed analysis of the HDPE market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the HDPE price trend.

Global HDPE Price

The report offers a holistic view of the global HDPE pricing trends in the form of HDPE price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of HDPE but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed HDPE demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe HDPE Price

The European region has experienced a mixed demand outlook, with a temporary decline in October followed by a decrease for the remaining quarter. Market sources showed that European PE producers faced significant cost pressure amongst low-demand fundamentals, impacting profitability. Accordingly, there were discussions among market participants about potential increase in prices.

This analysis can be extended to include detailed HDPE price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.

North America HDPE Price

As November and December approached, HDPE prices in North America trended downwards due to declining upstream naphtha and crude oil costs, along with lowered market demand globally. While domestic demand remained stable, export adoption from Asian traders decreased, although there were ongoing inquiries from Latin America and Europe, despite at reduced levels.

Specific HDPE historical data within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada

Middle East and Africa HDPE Price

The HDPE market in the Middle East and Africa (MEA) region experienced an initial increase followed by a slight decrease, eventually stabilizing by the end of the quarter. October saw a rise in prices driven by sustained demand from downstream sectors, particularly in the packaging and construction industries, which opposed declines in feedstock ethylene and upstream naphtha costs.

In addition to region-wise data, information on HDPE prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Asia Pacific HDPE Price

The HDPE pricing in the Asia Pacific region witnessed a mixed trend. In India, the market remained moderately optimistic, while Singapore and South Korea faced negative conditions due to slow domestic demand and lower prices of imported materials. Japan experienced significant price fluctuations, mainly owing to a strengthen supply of light grades resulting from refinery maintenance activities in the Middle East and reduced trade inflows, leading to increased costs.

This HDPE price analysis can be expanded to include a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Latin America HDPE Price

The analysis of HDPE prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.

Report Coverage

Key Attributes Details
Product Name HDPE
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, HDPE Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 

Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of HDPE pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting HDPE price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The HDPE price charts ensure our clients remain at the forefront of the industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
HDPE Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Purchase options
For 2 Deliverables, Billed Annually

For 4 Deliverables, Billed Annually

For 12 Deliverables, Billed Annually

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More