Recycled PET Prices

Recycled PET Price Trend, Index and Forecast

Track the latest insights on recycled PET price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Recycled PET Prices Outlook Q2 2025

• USA: US$ 1238/MT
• China: US$ 785/MT    
• Germany: US$ 1342/MT
• India: US$ 803/MT
• Brazil: US$ 1115/MT

Recycled PET Price Chart

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During the second quarter of 2025, the recycled PET prices in the USA reached 1238 USD/MT in June. In the USA, recycled PET prices in Q2 2025 were primarily influenced by fluctuations in the availability of post-consumer plastic feedstock due to variable collection rates across major states. Operational disruptions at key material recovery facilities impacted bale supply. Additionally, sustained demand from the beverage packaging and textile sectors contributed to stable consumption. Transportation costs and labor availability also played a role in shaping price dynamics.

During the second quarter of 2025, recycled PET prices in China reached 785 USD/MT in June. In China, prices of recycled PET during Q2 2025 were impacted by tightened domestic regulations on plastic waste handling and recycling certifications. Seasonal shifts in PET bottle collection volumes and limited feedstock availability due to intensified inspection of imported waste streams added supply pressure. On the demand side, strong activity from the packaging and fiber manufacturing sectors sustained procurement momentum, influencing market behavior.

During the second quarter of 2025, the recycled PET prices in Germany reached 1342 USD/MT in June. Recycled PET prices in Germany during Q2 2025 were influenced by restricted collection volumes following several public sector strikes affecting municipal waste services. Energy prices for recyclers remained volatile, affecting processing costs. Demand from the food-grade packaging sector remained strong due to regulatory incentives promoting recycled content usage. Import dynamics also affected the market, particularly the reduced inflow of competitively priced material from Eastern Europe.

During the second quarter of 2025, the recycled PET prices in India reached 803 USD/MT in June. In India, Q2 2025 prices for recycled PET were shaped by inconsistent collection efficiency across urban and semi-urban regions, impacting the availability of high-quality feedstock. Increased operating costs among small and mid-sized recycling firms contributed to supply constraints. Concurrently, demand from the packaging and textile sectors remained active, while changes in import duties on recycled plastics also influenced domestic pricing structures.

During the second quarter of 2025, the recycled PET prices in Brazil reached 1115 USD/MT in June. In Brazil, the pricing of recycled PET in Q2 2025 was affected by irregular feedstock supply due to regional disparities in collection infrastructure, particularly in the North and Northeast. Rising electricity costs impacted processing margins for recyclers. Meanwhile, demand from the beverage and construction sectors remained robust. Policy-driven procurement by brands pursuing sustainability goals further supported consistent downstream buying activity.

Recycled PET Prices Outlook Q1 2025

• USA: US$ 1213/MT
• China: US$ 822/MT
• Germany: US$ 1307/MT

During the first quarter of 2025, the recycled PET prices in the USA reached 1213 USD/MT in March. As per the recycled PET price chart, the market remained stable. Stable prices were a result of consistent procurement activity, especially from the packaging industry. Favorable recycling circumstances and a sufficient domestic supply helped to maintain this stability. However, substantial price growth was constrained by competition from less expensive virgin PET. ​

During the first quarter of 2025, the recycled PET prices in China reached 822 USD/MT in March. ​The market in China started with a comparatively steady outlook. However, due to recyclers' excess inventory and the gloomy post-holiday market, prices gradually fell. After the Lunar New Year, the textile and packaging industries gradually restarted operations, although there was little restocking activity.

During the first quarter of 2025, the recycled PET prices in Germany reached 1307 USD/MT in March. January started off on a downward track as a result of lower downstream procurement and less activity in the packaging sector. A slight rebound in early February, however, indicated that market sentiment was improving. By March, domestic demand was increased by restocking inventory and lowering imports from Eastern Europe.

Recycled PET Prices Recycled PET Outlook Q4 2023

• USA: US$ 1479/MT
• China: US$ 1055/MT
• Germany: US$ 970/MT

The recycled PET prices in the United States for Q4 2023 reached 1479 USD/MT in December. The market saw stable pricing and consistent supply levels, primarily due to modest consumption and surplus stock within the packaging and beverage sectors. Despite stable demand from various industries, the market sentiment was dampened by a slowdown in recycling operations and weaker overseas demand.

The price trend for recycled PET in China for Q4 2023 reached 1055 USD/MT in December. The Chinese rPET market witnessed a challenging period in the last quarter of 2023, marked by decreased demand for recycled materials and a significant drop in market value. The availability of scrap PET kept manufacturing expenses low, but high supply levels and weak trading activities contributed to a bearish pricing trend, complicating recovery efforts.

The price trend for recycled PET in Germany for Q4 2023 reached 970 USD/MT in December. Germany experienced a notable decline in rPET prices due to high supply and low demand. The market struggled with the influx of post-consumer products and competitive pricing from virgin PET. This led to a challenging environment for recyclers and a continued bearish trend in market conditions.

Regional Coverage

The report provides a detailed analysis of the 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 FOB and CIF prices, as well as the key factors influencing the recycled PET prices.

Global Recycled PET Price Trend

The report offers a holistic view of the global recycled PET pricing trends in the form of recycled PET 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 levels but also provides insights into historical price of recycled PET, 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 recycled PET 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 Recycled PET Price Trend

Q1 2025:

As per the recycled PET price index, the market in Europe fluctuated due to decreased downstream procurement and low activity in the packaging sector. A slight rebound in early February, however, indicated that market sentiment was improving. By March, domestic demand was elevated by restocking inventory and lowering imports from Eastern Europe. Due to strong demand from downstream industries getting ready for the next quarter and limited supply, prices increased in comparison to February.

Q2 2025:

As per the recycled PET price index, recycled PET prices in Europe in Q2 2025 were influenced by lower collection volumes due to labor disruptions in municipal recycling services and declining return rates in deposit systems. Energy price volatility affected production costs across recycling facilities. Additionally, strong regulatory pressure to increase recycled content in food-grade packaging sustained procurement demand. Supply chain interruptions from Eastern European suppliers further added to market tightness.

Q4 2023:

The market for rPET  in Europe experienced stability in supply in Q4 2023, attributed to continuous inflow of the product, but faced challenges due to lower demand. The appeal of virgin PET's lower prices and a hike in rates for the collection of post-consumer goods created a surplus of raw materials, affecting market balance. Moreover, lower demand projections from sectors like recycled packaging and beverage bottles, especially in comparison to virgin PET, further strained the market. Germany, specifically, saw a notable dip in rPET rates amid this surplus. Despite these conditions, demand for recycled products shows potential for impacting market dynamics positively in the future.

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

North America Recycled PET Price Trend

Q1 2025:

The market went through a period of stability in March 2025. Consistent buying activity, especially from the packaging industry, helped keep prices stable in the US. Favorable recycling circumstances and a sufficient domestic supply helped to maintain this stability. However, substantial price growth was constrained by competition from the less expensive virgin PET. Due to normalized demand and high recycler inventory levels, market mood remained cautious by March, and prices were lower than in February.

Q2 2025:

As per the recycled PET price index, in North America, the market experienced supply-side constraints driven by seasonal fluctuations in post-consumer bottle collection. Operational inefficiencies at material recovery facilities in key regions contributed to lower bale availability. At the same time, steady demand from the beverage, personal care, and textile sectors supported consistent offtake. Changes in transportation costs and regional policy developments also impacted pricing trends.

Q4 2023:

The rPET prices in North America maintained a stable trend in Q4 2023, buoyed by steady demand for recycled products used in various sectors like clothing and packaging. Ample accessibility of scrap PET ensured cost-effective manufacturing, boosting a robust supply. However, reduced recycling operations and weaker international demand influenced the market environment. While demand from the end-use sectors like automobile and construction offered some support, overall trading remained subdued due to sufficient stocks in the packaging and beverage sectors, contributing to price stability. Throughout the quarter, the U.S. market experienced continuous supply levels and moderate demand, with no major shifts in price trends or plant shutdowns reported.

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

Middle East and Africa Recycled PET Price Trend

Q2 2025:

As per the recycled PET price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences. A tight supply from refineries, exacerbated by maintenance rounds and unplanned outages, put pressure on prices. Simultaneously, demand from the agrochemical sector during the planting season contributed to price changes.

Q4 2023:

The rPET market in the Middle East and Africa displayed a bearish trend during the fourth quarter of 2023. High supply levels, driven by abundant scrap PET, kept production costs low, yet demand from key sectors like textiles and bottles stayed subdued. Support came from consistent demand in industries like construction and automobile, stabilizing the market to a small extent. Challenges arose from falling virgin PET prices and a surge in collection rates of post-consumer goods, complicating market recovery efforts for recyclers. Despite these hurdles, Saudi Arabia's market exhibited modest demand and supply, though overall trading activity in the region remained limited.

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

Asia Pacific Recycled PET Price Trend

Q1 2025:

In the Asia-Pacific region, the recycled PET market exhibited mixed dynamics across major economies. In China, the quarter began with relatively stable sentiment, but prices steadily declined due to bearish post-holiday demand and excess inventory among recyclers. Packaging and textile sectors resumed operations gradually following the Lunar New Year, but restocking activity remained limited. Export inquiries were average, and there was ample availability of post-consumer PET bales, thus exerting pressure on prices. Market participants adopted a cautious approach amid economic uncertainties and reduced downstream offtake.

Q2 2025:

Across the Asia Pacific region, recycled PET prices during Q2 2025 were impacted by constrained feedstock availability due to inconsistent collection performance, particularly in urban centers. In China and Southeast Asia, stricter environmental enforcement limited the inflow of imported waste plastic, tightening supply. Concurrently, demand from the packaging and fiber industries remained firm, while rising operational costs among recyclers influenced overall market conditions.

Q4 2023:

The Asia-Pacific rPET market encountered difficulties in Q4 2023, driven by lower consumption in industries producing recycled packaging and bottle products. Surplus accessibility of scrap PET led to low manufacturing expenses and a high market supply, but demand stayed weak. The downturn in trading operations also pressured prices, exacerbated by declining virgin PET prices and a higher rate for collection of post-consumer goods, complicating efforts for market recovery. This quarter also saw no disruptions in production. The APAC market, particularly in China, witnessed significant value drops, underlining a challenging environment for recyclers as they navigated an increasingly competitive market landscape.

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

Latin America Recycled PET Price Trend

Q1 2025:

Latin America's recycled PET market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in recycled PET prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the recycled PET price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing recycled PET pricing trends in this region.

Q2 2025:

In Latin America, particularly Brazil, recycled PET pricing in Q2 2025 was shaped by fragmented waste collection systems, which limited the volume of high-quality input material. Elevated electricity costs and logistical inefficiencies in moving bales between regions increased production expenses. At the same time, strong demand from the beverage and building materials sectors, along with brand-led sustainability targets, supported ongoing market activity.

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

Recycled PET Price Trend, Market Analysis, and News

IMARC's latest publication, “Recycled PET Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the recycled PET market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of recycled PET at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed recycled PET prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting recycled PET pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Recycled PET Industry Analysis

The global recycled PET market size reached USD 7.08 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 12.17 Billion, at a projected CAGR of 5.89% during 2025-2033.

• Public environmental consciousness is rising, and the demand for sustainable materials is increasing among them, such as PCR PET. This trend is particularly strong in developed markets where consumers are willing to pay a premium for eco-friendly products.
• Stringent laws and policies of plastic waste reduction that are in place are propelling the usage of recycled materials. Governments across the globe are implementing laws mandating manufacturers to include a percentage of post-consumer content in their packaging, thus enhancing the market.
• Many companies have put up lofty low- or zero-carbon emission goals, most of them targeting the use of recycled raw materials in their end products. This corporate drive for sustainability has strongly built up a demand for rPET as organizations are working to fulfill their environmental commitments.
• Process advancements in recycling technology are increasing the process efficiency and quality of rPET production. These developments make recycled PET more competitive with virgin PET in terms of properties and cost, thereby driving its acceptability.
• Packaging is one of the largest applications of PET, and escalating calls for sustainability have increased the uptake of recycled PET by packagers worldwide. This factor is strongly propelling the market for recycled PET.
• The economic advantages of using rPET, in terms of the reduction in material cost and sometimes even tax incentives, are grabbing the attention of manufacturers. These financial advantages encourage more companies to incorporate it into their products.
• Extensive investment in recycling infrastructure helps in increasing the collection and processing of PET waste. Improved infrastructure ensures a steady supply of high-quality rPET, bolstering market growth.
• There is an increasing demand for products manufactured for firms that need rPET in their products.
• Companies are adopting sustainable practices, including the use of rPET, and are treated as prime differentiators in a competitive market. They are liked by consumers who show a preference for such brands.
• The world is moving towards a circular economy, which is helping in using various recycled materials. The circular economy initiatives have recycling and reusing materials as one of their major focuses, due to which the demand for recycled PET is driven.

Recycled PET News

The report covers the latest developments, updates, and trends impacting the global recycled PET industry, 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 recycled PET production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the recycled PET price trend.

Latest developments in the recycled PET industry:

• April 23, 2024: Festo and Phoenix Technologies reported concluding a strategic technology partnership. The first devices with integrated PLCnext Technology are anticipated to reach the market by the end of 2024. Both companies regard this as a decisive step forward in the innovation of industrial automation.
• September 12, 2023: Bangkok-headquartered and Indian majority-owned Indorama Ventures Public Co Ltd is investing USD 150 million in three PET recycling plants in India, aiming to start commercial production in 2026. Recycled PET from the three plants will supplement Indorama Ventures' current 800,000 tonne/year PET production for the Indian and export markets.

Product Description

Recycled polyethylene terephthalate (rPET) represents a significant advancement in sustainable materials, derived from post-consumer PET products such as plastic bottles and containers. Through advanced recycling processes, PET waste is transformed into high-quality rPET, retaining the material's original properties, including durability, clarity, and strength. This recycled material is widely used in various industries, including packaging, textiles, and automotive, contributing to reduced environmental impact by minimizing landfill waste and lowering carbon emissions.

Additionally, rPET production requires less energy compared to virgin PET, further enhancing its ecological benefits. As a versatile and cost-effective alternative, rPET supports circular economy initiatives, encouraging the continuous reuse of resources. Moreover, rPET embodies an essential component in the transition towards a more sustainable and resource-efficient global economy.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of recycled PET 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 recycled PET price volatility, 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, ensuring they remain at the forefront of the recycled PET industry.