U.S. - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPlastic Container Price in the United States - 2023
Contents:
- Plastic Container Price in the United States (CIF) - 2023
- Plastic Container Price in the United States (FOB) - 2023
- Plastic Container Imports in the United States
- Plastic Container Exports in the United States
Plastic Container Price in the United States (CIF) - 2023
The average plastic container import price stood at $8,411 per ton in August 2023, rising by 1.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 9.1% month-to-month. Over the period under review, average import prices hit record highs at $9,077 per ton in May 2023; however, from June 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($10,756 per ton), while the price for Thailand ($2,115 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Container Price in the United States (FOB) - 2023
In August 2023, the average plastic container export price amounted to $7,129 per ton, falling by -7.3% against the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 7.8% m-o-m. Over the period under review, the average export prices reached the maximum at $8,062 per ton in October 2022; however, from November 2022 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Canada ($18,576 per ton), while the average price for exports to Ecuador ($619 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Container Imports in the United States
In 2022, the amount of plastic containers imported into the United States surged to 263K tons, growing by 31% compared with the previous year. In general, imports, however, showed a deep reduction.
In value terms, plastic container imports skyrocketed to $2B in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Plastic Container in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 461 | 449 | 580 | 666 | 13.0% |
| Mexico | 224 | 213 | 299 | 388 | 20.1% |
| China | 434 | 305 | 348 | 375 | -4.8% |
| Taiwan (Chinese) | 87.8 | 68.7 | 72.5 | 88.3 | 0.2% |
| Israel | 123 | 94.4 | 44.9 | 81.8 | -12.7% |
| South Korea | 48.1 | 49.3 | 66.4 | 64.2 | 10.1% |
| Vietnam | 25.0 | 21.8 | 28.7 | 41.4 | 18.3% |
| Germany | 27.2 | 26.3 | 31.1 | 31.8 | 5.3% |
| Thailand | 14.3 | 17.3 | 20.7 | 15.4 | 2.5% |
| Others | 238 | 203 | 248 | 256 | 2.5% |
| Total | 1,682 | 1,448 | 1,741 | 2,008 | 6.1% |
Top Suppliers of Plastic Container to the United States in 2022:
- Canada (97.2K tons)
- China (54.3K tons)
- Mexico (40.9K tons)
- Taiwan (Chinese) (20.5K tons)
- South Korea (8.2K tons)
- Thailand (7.2K tons)
- Vietnam (6.1K tons)
- Germany (2.9K tons)
- Israel (1.3K tons)
Plastic Container Exports in the United States
After three years of growth, overseas shipments of plastic containers decreased by -4.9% to 210K tons in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 4.4% against the previous year. As a result, the exports attained the peak of 221K tons, and then declined in the following year.
In value terms, plastic container exports surged to $1.5B in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Plastic Container in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 423 | 443 | 529 | 603 | 12.5% |
| Mexico | 426 | 407 | 427 | 523 | 7.1% |
| China | 19.0 | 22.8 | 42.0 | 52.7 | 40.5% |
| Ireland | 21.9 | 17.3 | 18.9 | 28.1 | 8.7% |
| South Korea | 13.8 | 18.3 | 19.6 | 26.6 | 24.5% |
| Japan | 22.9 | 17.2 | 18.6 | 17.2 | -9.1% |
| Poland | 8.6 | 8.1 | 13.2 | 16.3 | 23.8% |
| Guatemala | 6.2 | 6.3 | 6.1 | 6.6 | 2.1% |
| Honduras | 3.7 | 2.5 | 2.8 | 4.7 | 8.3% |
| Others | 179 | 183 | 222 | 234 | 9.3% |
| Total | 1,124 | 1,125 | 1,300 | 1,513 | 10.4% |
Top Export Markets for Plastic Container from the United States in 2022:
- Mexico (97.1K tons)
- Canada (38.5K tons)
- China (11.8K tons)
- Ireland (8.5K tons)
- South Korea (5.1K tons)
- Guatemala (4.7K tons)
- Honduras (3.4K tons)
- Poland (3.3K tons)
- Japan (3.2K tons)
This report provides an in-depth analysis of the plastic container market in the U.S.. 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 22221950 - Articles for the conveyance or packaging of goods, of plastics (excluding boxes, cases, crates and similar articles, sacks and bags, including cones, carboys, bottles, flasks and similar articles, spools, spindles, bobbins and similar supports, s toppers, lids, caps and other closures)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
415
This report provides an in-depth analysis of the plastic container market in the U.S..
405
This report provides an in-depth analysis of the plastic box market in the U.S..
810
This report provides an in-depth analysis of the plastic bottle market in the U.S..
1614
This report provides an in-depth analysis of the plastic bag market in the U.S..
1409
This report provides an in-depth analysis of the plastic support market in the U.S..
395
This report provides an in-depth analysis of the plastic bottle cap market in the USA.
326
This report provides an in-depth analysis of the ethylene polymer bag market in the U.S..
1061
This report provides an in-depth analysis of the plastic supports market in the U.S..
189
This report provides an in-depth analysis of the plastic closure market in the U.S..
496
This report provides an in-depth analysis of the plastic packaging market in the U.S..
307
In terms of value, imports of Plastic Containers increased significantly to $169 million in May 2023.
290
The export value of Plastic Box saw a significant contraction to $185M in June 2023.
1036
In August 2022, the plastic bottle price per ton stood at $4.8K(CIF, US), rising by 3.9% against the previous month.
681
In 2019, the U.S. plastic bottle market increased by 0.1% to $11.5B, rising for the third consecutive year after two...
616
In 2020, American imports of plastic sacks and bags soared by +7.7% y-o-y to $3.2B, continuing a steady increase seen over the past decade. China, Canada and Thailand remain leading suppliers of plastic sacks and bags to the U.S., accounting for 55% of the American imports. Last year, purchases from China declined, while imports from Canada grew significantly. Germany emerged as the fastest-growing supplier of plastic sacks and bags to the U.S. The average plastic bag import price increased by +2.7% y-o-y to $3,284 per ton in 2020.
1070
From 2008 to 2015, U.S. plastic bag market showed modest growth. It expanded from X million USD in 2008 to X million USD in 2015, rising with a CAGR of +X>
1505
The U.S. is the leader in global imports of plastic bags, accounting for an X% share (based on USD). It was followed by Japan (X%), Germany (X%), and the UK (X%). In 2015, U.S. plastic bag imports totaled X million US
1231
It goes without saying that the plastic bag market plays an important part in the U.S. economy. It should be noted that an increased consumer demand, and demand from downstream markets drove growth in revenue. Over the last five years, the overall U.S.
445
An increase in plastic support imports was observed from May 2022, reaching a total value of $123M by May 2023.
914
In February 2023, the plastic closure price dropped by 7.4% from the previous month and settled at a CIF US rate of $4,847 per ton.
