Asia: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Asia

The Asian market for non-cellular plates, sheets, film, foil and strip of plastics expanded slightly to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption showed prominent growth. As a result, consumption attained the peak level of $X. From 2020 to 2023, the growth of the market remained at a lower figure.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Asia

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics rose to $X in 2023 estimated in export price. Overall, production posted a resilient increase. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2023, production of growth failed to regain momentum.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports in Asia

In 2023, exports of non-cellular plates, sheets, film, foil and strip of plastics in Asia rose slightly to X tons, growing by X% compared with the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021; afterwards, it flattened through to 2023.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics declined to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

China represented the main exporting country with an export of about X tons, which recorded X% of total exports. Turkey (X tons) held the second position in the ranking, followed by South Korea (X tons), India (X tons) and Taiwan (Chinese) (X tons). All these countries together held approx. X% share of total exports. Vietnam (X tons), Japan (X tons), Malaysia (X tons), Thailand (X tons), the United Arab Emirates (X tons), Indonesia (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%), Turkey (X%), Thailand (X%), India (X%), the United Arab Emirates (X%), Saudi Arabia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Indonesia experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%), Japan (X%) and South Korea (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Turkey (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Japan (X p.p.), Taiwan (Chinese) (X p.p.) and South Korea (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Taiwan (Chinese), Turkey, India, Vietnam, Thailand, Malaysia, the United Arab Emirates, Indonesia and Saudi Arabia lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Asia amounted to $X per ton, reducing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2022, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports in Asia

In 2023, the amount of non-cellular plates, sheets, film, foil and strip of plastics imported in Asia rose to X tons, with an increase of X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in years to come.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics declined modestly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

In 2023, India (X tons), South Korea (X tons), Indonesia (X tons), Thailand (X tons) and Vietnam (X tons) was the major importer of non-cellular plates, sheets, film, foil and strip of plastics in Asia, achieving X% of total import. Taiwan (Chinese) (X tons) took the next position in the ranking, followed by Turkey (X tons) and the Philippines (X tons). All these countries together held approx. X% share of total imports. Japan (X tons), China (X tons), Malaysia (X tons), Saudi Arabia (X tons) and Uzbekistan (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Vietnam, Thailand, India, Indonesia, Japan, Turkey, the Philippines, Malaysia, Saudi Arabia and Uzbekistan lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Uzbekistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price saw a slight reduction. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform