U.S. - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Support Price in the United States - 2023
Contents:
- Plastic Support Price in the United States (CIF) - 2023
- Plastic Support Price in the United States (FOB) - 2022
- Plastic Support Imports in the United States
- Plastic Support Exports in the United States
Plastic Support Price in the United States (CIF) - 2023
The average plastic support import price stood at $5,720 per ton in September 2023, increasing by 4.4% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 21% m-o-m. As a result, import price attained the peak level of $6,340 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($15,240 per ton), while the price for the Dominican Republic ($1,699 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 Taiwan (Chinese) (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Support Price in the United States (FOB) - 2022
In 2022, the average plastic support export price amounted to $3,769 per ton, rising by 6.8% against the previous year. Overall, the export price, however, showed a pronounced descent. The export price peaked at $5,892 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,374 per ton), while the average price for exports to Costa Rica ($1,299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.9%), while the prices for the other major destinations experienced a decline.
Plastic Support Imports in the United States
In 2022, plastic support imports into the United States skyrocketed to 259K tons, growing by 43% compared with the previous year. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic support imports rose remarkably to $1.6B in 2022. The total import value increased at an average annual rate of +11.6% 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 when imports increased by 25%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Plastic Support in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 345 | 345 | 426 | 479 | 11.6% |
| Mexico | 186 | 197 | 261 | 298 | 17.0% |
| Canada | 218 | 207 | 245 | 272 | 7.7% |
| Taiwan (Chinese) | 65.1 | 62.0 | 74.4 | 86.5 | 9.9% |
| Germany | 65.9 | 66.7 | 83.9 | 74.7 | 4.3% |
| Italy | 30.9 | 26.0 | 34.1 | 41.2 | 10.1% |
| Dominican Republic | 2.0 | 4.8 | 3.6 | 8.6 | 62.6% |
| Others | 224 | 207 | 262 | 321 | 12.7% |
| Total | 1,138 | 1,116 | 1,390 | 1,581 | 11.6% |
Top Suppliers of Plastic Support to the United States in 2022:
- Mexico (114.3K tons)
- China (62.9K tons)
- Canada (22.1K tons)
- Taiwan (Chinese) (17.3K tons)
- Germany (7.9K tons)
- Dominican Republic (4.1K tons)
- Italy (4.0K tons)
Plastic Support Exports in the United States
For the fourth year in a row, the United States recorded growth in overseas shipments of spools, cops and similar supports of plastics, which increased by 6.2% to 294K tons in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, plastic support exports expanded remarkably to $1.1B in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Plastic Support in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 360 | 351 | 409 | 465 | 8.9% |
| Mexico | 226 | 225 | 254 | 287 | 8.3% |
| United Kingdom | 25.7 | 23.2 | 29.2 | 33.0 | 8.7% |
| Germany | 26.1 | 19.0 | 25.7 | 31.1 | 6.0% |
| Netherlands | 13.3 | 12.0 | 14.0 | 24.0 | 21.7% |
| France | 12.3 | 13.8 | 13.7 | 16.0 | 9.2% |
| Brazil | 9.7 | 7.2 | 7.5 | 9.4 | -1.0% |
| Taiwan (Chinese) | 9.0 | 7.5 | 7.6 | 8.9 | -0.4% |
| Costa Rica | 3.1 | 4.7 | 4.1 | 7.6 | 34.8% |
| Others | 195 | 186 | 211 | 226 | 5.0% |
| Total | 881 | 850 | 976 | 1,108 | 7.9% |
Top Export Markets for Plastic Support from the United States in 2022:
- Canada (122.7K tons)
- Mexico (75.0K tons)
- United Kingdom (8.5K tons)
- Netherlands (7.7K tons)
- Costa Rica (5.8K tons)
- Germany (5.8K tons)
- Brazil (4.9K tons)
- Taiwan (Chinese) (4.7K tons)
- France (4.7K tons)
This report provides an in-depth analysis of the plastic support 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 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:
- 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.
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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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