China - Plastic Boxes, Cases, Crates And Similar Packing Articles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Plastic Boxes, Cases, Crates And Similar Packing Articles - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Box Price in China - 2023

Contents:

  1. Plastic Box Price in China (FOB) - 2023
  2. Plastic Box Price in China (CIF) - 2023
  3. Plastic Box Exports in China
  4. Plastic Box Imports in China

Plastic Box Price in China (FOB) - 2023

The average plastic box export price stood at $5,006 per ton in June 2023, shrinking by -6.9% against the previous month. Overall, the export price recorded a mild decline. The pace of growth appeared the most rapid in March 2023 an increase of 21% month-to-month. As a result, the export price reached the peak level of $6,953 per ton. From April 2023 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Singapore ($9,727 per ton), while the average price for exports to South Korea ($2,980 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Box Price in China (CIF) - 2023

In June 2023, the average plastic box import price amounted to $6,473 per ton, increasing by 9% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 17% month-to-month. As a result, import price attained the peak level of $6,761 per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Malaysia ($18,940 per ton), while the price for South Korea ($1,479 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Plastic Box Exports in China

In 2022, exports of plastic boxes, cases, crates and similar packing articles from China shrank to 384K tons, with a decrease of -7.8% against the previous year. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of 417K tons, and then reduced in the following year.

In value terms, plastic box exports amounted to $2.3B in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Plastic Box in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32333649553418.2%
Australia96.111812515016.0%
Japan1371141491462.1%
Singapore50.674.479.114140.7%
South Korea85.311216113516.5%
Malaysia57.077.911911124.9%
Thailand56.297.614511025.1%
Philippines20.737.259.667.348.1%
Canada44.149.053.057.79.4%
Vietnam59.281.789.757.1-1.2%
Germany45.047.156.256.98.1%
United Kingdom47.848.068.142.8-3.6%
Mexico17.519.832.338.429.9%
Others5225176796829.3%
Total1,5611,7312,3122,32914.3%

Top Export Markets for Plastic Box from China in 2022:

  1. United States (91.2K tons)
  2. South Korea (35.4K tons)
  3. Australia (34.9K tons)
  4. Japan (23.9K tons)
  5. Thailand (15.6K tons)
  6. Malaysia (14.5K tons)
  7. Philippines (10.0K tons)
  8. Canada (9.9K tons)
  9. Singapore (9.5K tons)
  10. Vietnam (7.8K tons)
  11. Germany (7.7K tons)
  12. Mexico (6.1K tons)
  13. United Kingdom (5.9K tons)

Plastic Box Imports in China

In 2022, the amount of plastic boxes, cases, crates and similar packing articles imported into China rose markedly to 81K tons, increasing by 6.4% compared with the previous year's figure. In general, imports, however, showed a mild decline. The growth pace was the most rapid in 2021 when imports increased by 9.1% against the previous year.

In value terms, plastic box imports amounted to $454M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Plastic Box in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan164101133152-2.5%
Malaysia31.028.144.458.323.4%
South Korea74.766.670.255.3-9.5%
United States22.017.120.727.07.1%
Germany13.814.119.121.015.0%
Taiwan (Chinese)46.6N/AN/AN/A0%
Others37.210912914155.9%
Total3893364174545.3%

Top Suppliers of Plastic Box to China in 2022:

  1. South Korea (30.8K tons)
  2. Japan (17.6K tons)
  3. Germany (3.6K tons)
  4. Malaysia (3.2K tons)
  5. United States (1.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic box market in China. 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 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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