India - Plastic Boxes, Cases, Crates And Similar Packing Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Box Price in India - 2023
Contents:
- Plastic Box Price in India (FOB) - 2023
- Plastic Box Price in India (CIF) - 2022
- Plastic Box Exports in India
- Plastic Box Imports in India
Plastic Box Price in India (FOB) - 2023
The average plastic box export price stood at $3,018 per ton in July 2023, with a decrease of -2.3% against the previous month. Overall, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in April 2023 when the average export price increased by 13% against the previous month. The export price peaked at $3,736 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Bangladesh ($4,653 per ton), while the average price for exports to Greece ($1,960 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Box Price in India (CIF) - 2022
In 2022, the average plastic box import price amounted to $5,551 per ton, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2017 an increase of 17%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($15,540 per ton), while the price for Turkey ($3,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Box Exports in India
In 2022, overseas shipments of plastic boxes, cases, crates and similar packing articles decreased by -1.8% to 18K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of 18K tons, and then shrank in the following year.
In value terms, plastic box exports totaled $62M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +43.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Plastic Box in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.3 | 5.2 | 9.1 | 7.7 | 13.3% |
United Kingdom | 5.0 | 5.6 | 7.8 | 6.7 | 10.2% |
United Arab Emirates | 2.5 | 2.4 | 3.3 | 4.8 | 24.3% |
Nepal | 2.8 | 2.3 | 4.3 | 4.1 | 13.6% |
China | 1.3 | 1.4 | 2.3 | 3.4 | 37.8% |
Australia | 2.4 | 2.4 | 2.8 | 3.0 | 7.7% |
Turkey | 0.2 | 0.5 | 0.6 | 1.6 | 100.0% |
Bangladesh | 0.3 | 0.2 | 0.5 | 1.5 | 71.0% |
Germany | 0.5 | 0.4 | 0.5 | 1.5 | 44.2% |
Ghana | 0.2 | 1.4 | 1.3 | 1.1 | 76.5% |
Yemen | 0.3 | 0.1 | 0.2 | 1.1 | 54.2% |
Greece | 0.4 | 0.5 | 0.7 | 0.9 | 31.0% |
Thailand | 0.7 | 1.0 | 1.0 | 0.8 | 4.6% |
Others | 23.0 | 19.9 | 27.2 | 24.1 | 1.6% |
Total | 44.8 | 43.3 | 61.6 | 62.2 | 11.6% |
Top Export Markets for Plastic Box from India in 2022:
- United Kingdom (2.0K tons)
- United States (1.8K tons)
- United Arab Emirates (1.5K tons)
- China (1.4K tons)
- Nepal (0.9K tons)
- Australia (0.8K tons)
- Turkey (0.7K tons)
- Germany (0.6K tons)
- Yemen (0.5K tons)
- Ghana (0.4K tons)
- Bangladesh (0.4K tons)
- Greece (0.4K tons)
- Thailand (0.3K tons)
Plastic Box Imports in India
In 2022, approx. 11K tons of plastic boxes, cases, crates and similar packing articles were imported into India; surging by 2.3% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 46% against the previous year.
In value terms, plastic box imports expanded markedly to $60M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Plastic Box in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 22.5 | 13.7 | 24.3 | 31.7 | 12.1% |
Taiwan (Chinese) | 3.2 | 1.3 | 2.1 | 3.6 | 4.0% |
Thailand | 1.7 | 1.0 | 2.4 | 3.2 | 23.5% |
Germany | 2.6 | 1.6 | 3.2 | 2.5 | -1.3% |
United States | 2.8 | 2.5 | 2.3 | 2.3 | -6.3% |
Malaysia | 2.2 | 1.8 | 2.4 | 2.3 | 1.5% |
Japan | 2.4 | 1.7 | 1.6 | 1.7 | -10.9% |
Hong Kong SAR | 3.1 | 1.5 | 2.2 | 1.6 | -19.8% |
Vietnam | 0.4 | 0.4 | 0.8 | 1.4 | 51.8% |
Italy | 2.1 | 1.3 | 1.1 | 0.9 | -24.6% |
South Korea | 0.7 | 0.8 | 0.7 | 0.9 | 8.7% |
Israel | 1.1 | 1.4 | 0.8 | 0.8 | -10.1% |
Turkey | 0.7 | 0.5 | 0.9 | 0.6 | -5.0% |
Others | 9.0 | 7.1 | 7.4 | 6.4 | -10.7% |
Total | 54.6 | 36.6 | 52.1 | 59.9 | 3.1% |
Top Suppliers of Plastic Box to India in 2022:
- China (6505.6 tons)
- Thailand (803.8 tons)
- Malaysia (454.8 tons)
- Japan (304.7 tons)
- Germany (302.2 tons)
- Vietnam (268.7 tons)
- United States (258.4 tons)
- Taiwan (Chinese) (229.9 tons)
- South Korea (221.4 tons)
- Hong Kong SAR (204.0 tons)
- Turkey (187.1 tons)
- Israel (110.8 tons)
- Italy (89.4 tons)
This report provides an in-depth analysis of the plastic box market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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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