Polyethylene Furanoate Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Polyethylene Furanoate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Polyethylene Furanoate Price Trend for the Second Half of 2023


The Asian polyethylene furanoate market saw an underwhelming run at the price index during the last two quarters of 2023. Since the said biopolymer is sourced originally from sugar sources like cane sugar bagasse, corn starch, etc., the market variations in these agricultural markets also influenced the polyethylene furanoate prices.

Polyethylene Furanoate Price Chart

Polyethylene Furanoate Price Trends and Forecast

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Quarter three began with borderline consistency in the Asian market, since the supply and demand outlooks were largely equitable, so the prices tottered around similar lines with minimal fluctuations within a confined limit. But this consistency was very short-lived as the prices came crashing down in the following quarter. International demands saw a significant decline after the shipping issues started emerging in the Red Sea, which created a ripple effect in the polyethylene furanoate supply chain and prompted the prices to fall in both Indian and Chinese markets. Overall, mixed market sentiments were witnessed.


The European polyethylene furanoate market was observed to be struggling to maintain its prices during the given period. Quarter three was generally economically relaxed in the region as the inflationary pressure finally relaxed a little bit after a long time. So, the upstream costs had come down significantly, pushing the Polyethylene Furanoate price trend downwards. The price graph continued its downward journey in the latter quarter as well. Industrial activities were low, and the plunging global trade also influenced this market behavior. Overall, a dipping price trend was witnessed.

North America

The polyethylene furanoate price trend in America was not much different from the European price trend. The prices were found to be wavering at the lower end of the curve here as well. A big gap in the supply and demand dynamics of the polyethylene furanoate was the reason behind such a lackluster performance. The inventories were excessively pressured, which compelled suppliers to discount the prices in order to promote the product movement. Conclusively, a plunging trajectory was observed in H2’23.

Analyst Insight

According to Procurement Resource, the Polyethylene Furanoate price trends are expected to continue to fluctuate going forward, given the current demand outlook and pricing fundamentals.

Polyethylene Furanoate Price Trend for the First Half of 2023


In the Asia-Pacific countries, the prices of polyethylene furanoate enjoyed a high number of orders from international buyers, supporting the rates of exports in the first quarter of 2023. The demand from the downstream industries, high operational costs, and positive momentum of the packaging sector also supported the rise in the prices of polyethylene furanoate.

The market was also benefitted by the rising cost of raw materials but only till the first half of the second quarter. The latter half of the second quarter suffered from low support from crude oil costs, weak demand, and a declining raw materials sector.


The European market for polyethylene furanoate was adversely affected by the decline in the sales of bottles and beverages industries as the purchasing potential of buyers fell consistently.

The prices of polyethylene furanoate were also affected by the declining costs of crude oils, the struggling economy, low-cost support from the feedstock markets, and negligible restocking by traders. The performance of the upstream industries also remained in the negative zone during the first two quarters of 2023, eventually causing the price trend of polyethylene furanoate to decline.

North America

In North America, a high supply of polyethylene furanoate hampered its prices as the demand from the end-user sector was weak throughout the first two quarters of 2023. In addition to this, the labor crisis and rising cost of transportation and production further proved to be a challenge for the market activities. The consumers also showcased feeble consumption rates, and thus, with low demand, striking rates of inflation, and interest, pushed the prices of polyethylene furanoate towards a downward trajectory.

Analyst Insight

According to Procurement Resource, the price trend of Polyethylene Furanoate is expected to face southwards as the low cost of crude oil and pressure of no demand are estimated to affect the market sentiments of polyethylene furanoate negatively.

Procurement Resource provides latest prices of Polyethylene Furanoate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Polyethylene Furanoate (PEF) is a semi-aromatic biodegradable thermoplastic polyester. It has high tensile strength, excellent heat resistance, is lightweight and can easily be moulded and thermoformed. Its superior properties make it an excellent alternative to PET ( Polyethylene terephthalate). Being an efficient biopolymer, it helps reduce the carbon footprint and also, and 2,5-furandicarboxylic acid (FDCA) can be derived from renewable feedstock C6 sugars.

Product Details

Report Features Details
Product Name Polyethylene Furanoate
CAS Number 28728-19-0
Industrial Uses Polymers/Plastics, Food and Beverage Containers, Pharmaceuticals, Industrial Fibres, Fabrics
Chemical Formula (C8H6O5)n
Synonyms Polyethylene 2,5-furandicarboxylate, PEF
Molecular Weight Variable
Supplier Database Avantium Technologies B.V., Danone S.A., Toyobo Co., Ltd., Alpla
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Polyethylene Furanoate Production from Polymerization

PEF is produced by the polymerization of 2,5-furandicarboxylic acid (FDCA) and monoethylene glycol. The feedstocks are initially fed into the system, which turns them into a feed slurry. From there, it is transported to the reactors, where the esterification occurs in the presence of antimony gluconate as a catalyst. Then, vacuum and heat are applied to remove water and monoethylene glycol for polymerization to give the desired PEF.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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