China - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Support Price in China - 2023
Contents:
- Plastic Support Price in China (FOB) - 2023
- Plastic Support Price in China (CIF) - 2023
- Plastic Support Exports in China
- Plastic Support Imports in China
Plastic Support Price in China (FOB) - 2023
The average plastic support export price stood at $6,901 per ton in September 2023, approximately equating the previous month. Overall, the export price showed a mild descent. The growth pace was the most rapid in March 2023 when the average export price increased by 7.1% m-o-m. The export price peaked at $8,790 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($9,409 per ton), while the average price for exports to the Philippines ($5,255 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 Saudi Arabia (+0.7%), while the prices for the other major destinations experienced a decline.
Plastic Support Price in China (CIF) - 2023
The average plastic support import price stood at $11,957 per ton in September 2023, with an increase of 2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 7.9% month-to-month. The import price peaked at $13,284 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($24,223 per ton), while the price for Thailand ($5,415 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 Spain (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Support Exports in China
In 2022, the amount of spools, cops and similar supports of plastics exported from China rose to 267K tons, growing by 3.4% against 2021 figures. The total export volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, plastic support exports rose sharply to $2.2B in 2022. The total export value increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 22%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Plastic Support in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 322 | 402 | 480 | 507 | 16.3% |
Japan | 141 | 130 | 156 | 175 | 7.5% |
France | 74.2 | 64.7 | 86.8 | 93.0 | 7.8% |
South Korea | 57.6 | 55.5 | 79.7 | 88.3 | 15.3% |
Australia | 50.0 | 61.4 | 64.0 | 80.6 | 17.3% |
United Arab Emirates | 54.9 | 43.2 | 62.9 | 77.8 | 12.3% |
Vietnam | 39.1 | 53.8 | 59.0 | 59.1 | 14.8% |
Canada | 54.6 | 54.1 | 60.5 | 55.3 | 0.4% |
Indonesia | 30.7 | 34.7 | 51.1 | 55.1 | 21.5% |
Thailand | 31.3 | 50.9 | 58.5 | 54.7 | 20.5% |
Singapore | 22.2 | 35.5 | 28.6 | 48.0 | 29.3% |
Philippines | 27.1 | 29.4 | 35.1 | 46.1 | 19.4% |
Saudi Arabia | 20.7 | 23.7 | 22.0 | 35.9 | 20.1% |
Others | 577 | 602 | 758 | 787 | 10.9% |
Total | 1,502 | 1,641 | 2,002 | 2,163 | 12.9% |
Top Export Markets for Plastic Support from China in 2022:
- United States (63.6K tons)
- Japan (24.6K tons)
- Australia (12.2K tons)
- United Arab Emirates (8.5K tons)
- Vietnam (8.3K tons)
- South Korea (8.2K tons)
- Canada (7.4K tons)
- Singapore (6.7K tons)
- Indonesia (6.4K tons)
- Thailand (6.3K tons)
- Philippines (6.1K tons)
- France (5.6K tons)
- Saudi Arabia (5.1K tons)
Plastic Support Imports in China
In 2022, approx. 19K tons of spools, cops and similar supports of plastics were imported into China; with a decrease of -23.6% on the previous year. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 25K tons, and then shrank markedly in the following year.
In value terms, plastic support imports contracted rapidly to $240M in 2022. Over the period under review, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of $284M, and then dropped markedly in the following year.
Import of Plastic Support in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 50.4 | 43.5 | 42.1 | 44.6 | -4.0% |
Japan | 51.3 | 39.0 | 47.5 | 42.0 | -6.4% |
Germany | 24.8 | 30.8 | 40.1 | 38.3 | 15.6% |
United States | 34.4 | 33.6 | 36.8 | 33.6 | -0.8% |
Thailand | 20.0 | 28.0 | 35.5 | 8.1 | -26.0% |
Italy | 6.9 | 5.2 | 9.8 | 7.8 | 4.2% |
Switzerland | 4.8 | 5.5 | 7.8 | 7.4 | 15.5% |
Austria | 5.5 | 4.0 | 4.5 | 4.1 | -9.3% |
Malaysia | 4.3 | 3.0 | 3.6 | 3.4 | -7.5% |
Singapore | 1.9 | 2.4 | 3.0 | 3.3 | 20.2% |
Poland | 2.7 | 3.0 | 4.8 | 3.1 | 4.7% |
India | 2.4 | 2.4 | 3.1 | 3.0 | 7.7% |
Sweden | 2.5 | 1.6 | 3.1 | 3.0 | 6.3% |
Others | 47.5 | 39.1 | 42.5 | 38.6 | -6.7% |
Total | 259 | 241 | 284 | 240 | -2.5% |
Top Suppliers of Plastic Support to China in 2022:
- South Korea (3.6K tons)
- Japan (2.8K tons)
- Germany (2.1K tons)
- United States (1.4K tons)
- Thailand (1.4K tons)
- Italy (0.9K tons)
- Austria (0.7K tons)
- Switzerland (0.7K tons)
- Malaysia (0.6K tons)
- India (0.5K tons)
- Singapore (0.4K tons)
- Poland (0.4K tons)
- Sweden (0.4K tons)
This report provides an in-depth analysis of the plastic support 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
- Prodcom 22221920 - Plastic caps and capsules for bottles
- Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
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:
- 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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In June 2023, the export value of Plastic Support reached a total of $187M.
The price of Plastic Box in April 2023 was $6,225 per ton (FOB, China), representing a decrease of -10.5% compared to the previous month.
Exports of carboys, bottles and similar articles of plastics from China soared from $1.4B in 2019 to $2.3B in 2020 due to rising demand from the U.S., Japan and Thailand.
In March 2023, the plastic bag price amounted to $3,975 per ton (FOB, China), growing by 8% against the previous month.
In terms of value, exports of Plastic Supports reached $18M in June 2023.
The total value of plastic packaging exports reached $863 million in June 2023.
The price of Plastic Container in June 2023 was $6,463 per ton (FOB, China), showing a 7.3% increase compared to the previous month.
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