Australia - Plastic Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Bag Price in Australia - 2023
Contents:
- Plastic Bag Price in Australia (CIF) - 2023
- Plastic Bag Price in Australia (FOB) - 2023
- Plastic Bag Imports in Australia
- Plastic Bag Exports in Australia
Plastic Bag Price in Australia (CIF) - 2023
The average plastic bag import price stood at $2,446 per ton in September 2023, leveling off at the previous month. Overall, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 15% m-o-m. The import price peaked at $3,133 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($3,366 per ton), while the price for Vietnam ($1,758 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Argentina (+0.1%), while the prices for the other major suppliers experienced a decline.
Plastic Bag Price in Australia (FOB) - 2023
In September 2023, the average plastic bag export price amounted to $7,703 per ton, rising by 29% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 66% month-to-month. The export price peaked at $9,800 per ton in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Cocos (Keeling) Islands ($11,500 per ton), while the average price for exports to Malaysia ($3,036 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cocos (Keeling) Islands (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Bag Imports in Australia
For the fourth year in a row, Australia recorded growth in purchases abroad of plastic sacks and bags, which increased by 6% to 207K tons in 2022. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 9.9% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, plastic bag imports surged to $643M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Plastic Bag in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 218 | 228 | 269 | 294 | 10.5% |
| Malaysia | 63.7 | 74.7 | 89.5 | 121 | 23.8% |
| Thailand | 62.0 | 62.0 | 70.0 | 87.2 | 12.0% |
| Vietnam | 16.1 | 16.4 | 22.2 | 35.5 | 30.2% |
| United States | 12.6 | 13.4 | 15.7 | 19.0 | 14.7% |
| Germany | 13.9 | 20.1 | 19.5 | 17.9 | 8.8% |
| New Zealand | 18.9 | 13.4 | 15.3 | 13.6 | -10.4% |
| Others | 31.3 | 39.1 | 44.7 | 54.7 | 20.5% |
| Total | 437 | 467 | 546 | 643 | 13.7% |
Top Suppliers of Plastic Bag to Australia in 2022:
- China (84.2K tons)
- Malaysia (50.9K tons)
- Thailand (33.8K tons)
- Vietnam (16.6K tons)
- Germany (4.7K tons)
- United States (2.6K tons)
- New Zealand (2.2K tons)
Plastic Bag Exports in Australia
In 2022, approx. 3.3K tons of plastic sacks and bags were exported from Australia; increasing by 26% compared with the previous year. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic bag exports soared to $23M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Plastic Bag in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 7.1 | 6.5 | 9.0 | 13.2 | 23.0% |
| Japan | 3.4 | 3.6 | 3.3 | 3.9 | 4.7% |
| Singapore | 0.8 | 0.3 | 1.1 | 2.3 | 42.2% |
| United States | 0.5 | 0.2 | 0.3 | 0.5 | 0.0% |
| Malaysia | 0.6 | 0.4 | 0.7 | 0.5 | -5.9% |
| Papua New Guinea | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Philippines | 0.4 | 0.6 | 0.1 | 0.3 | -9.1% |
| Thailand | 0.7 | 0.3 | 0.3 | 0.3 | -24.6% |
| China | 0.5 | 0.4 | 0.1 | 0.2 | -26.3% |
| South Korea | 0.5 | 0.4 | 0.5 | 0.2 | -26.3% |
| New Caledonia | 0.7 | 0.4 | 0.4 | 0.1 | -47.7% |
| Others | 1.5 | 1.8 | 1.6 | 1.5 | 0.0% |
| Total | 16.8 | 15.2 | 17.7 | 23.3 | 11.5% |
Top Export Markets for Plastic Bag from Australia in 2022:
- New Zealand (1939.5 tons)
- Japan (460.7 tons)
- Singapore (274.1 tons)
- Malaysia (100.7 tons)
- China (63.6 tons)
- United States (60.1 tons)
- Papua New Guinea (52.3 tons)
- Thailand (46.3 tons)
- Philippines (45.6 tons)
- South Korea (25.2 tons)
- New Caledonia (9.7 tons)
This report provides an in-depth analysis of the plastic bag market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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