China - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Support Price in China - 2023

Contents:

  1. Plastic Support Price in China (FOB) - 2023
  2. Plastic Support Price in China (CIF) - 2023
  3. Plastic Support Exports in China
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States32240248050716.3%
Japan1411301561757.5%
France74.264.786.893.07.8%
South Korea57.655.579.788.315.3%
Australia50.061.464.080.617.3%
United Arab Emirates54.943.262.977.812.3%
Vietnam39.153.859.059.114.8%
Canada54.654.160.555.30.4%
Indonesia30.734.751.155.121.5%
Thailand31.350.958.554.720.5%
Singapore22.235.528.648.029.3%
Philippines27.129.435.146.119.4%
Saudi Arabia20.723.722.035.920.1%
Others57760275878710.9%
Total1,5021,6412,0022,16312.9%

Top Export Markets for Plastic Support from China in 2022:

  1. United States (63.6K tons)
  2. Japan (24.6K tons)
  3. Australia (12.2K tons)
  4. United Arab Emirates (8.5K tons)
  5. Vietnam (8.3K tons)
  6. South Korea (8.2K tons)
  7. Canada (7.4K tons)
  8. Singapore (6.7K tons)
  9. Indonesia (6.4K tons)
  10. Thailand (6.3K tons)
  11. Philippines (6.1K tons)
  12. France (5.6K tons)
  13. 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)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea50.443.542.144.6-4.0%
Japan51.339.047.542.0-6.4%
Germany24.830.840.138.315.6%
United States34.433.636.833.6-0.8%
Thailand20.028.035.58.1-26.0%
Italy6.95.29.87.84.2%
Switzerland4.85.57.87.415.5%
Austria5.54.04.54.1-9.3%
Malaysia4.33.03.63.4-7.5%
Singapore1.92.43.03.320.2%
Poland2.73.04.83.14.7%
India2.42.43.13.07.7%
Sweden2.51.63.13.06.3%
Others47.539.142.538.6-6.7%
Total259241284240-2.5%

Top Suppliers of Plastic Support to China in 2022:

  1. South Korea (3.6K tons)
  2. Japan (2.8K tons)
  3. Germany (2.1K tons)
  4. United States (1.4K tons)
  5. Thailand (1.4K tons)
  6. Italy (0.9K tons)
  7. Austria (0.7K tons)
  8. Switzerland (0.7K tons)
  9. Malaysia (0.6K tons)
  10. India (0.5K tons)
  11. Singapore (0.4K tons)
  12. Poland (0.4K tons)
  13. Sweden (0.4K tons)

Source: IndexBox Market Intelligence Platform

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:

  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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