Report Update: May 1, 2024

India - Cellular Plates, Sheets and Films of Polyymers of Styrene - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polystyrene Cellular Plates, Sheets and Films in India - 2023

Price for Polystyrene Cellular Plates, Sheets and Films in India (CIF) - 2023

The average import price for cellular plates, sheets and films of polyymers of styrene stood at $2,291 per ton in October 2023, rising by 12% against the previous month. Over the period under review, import price indicated a modest increase from October 2022 to October 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for cellular plates, sheets and films of polyymers of styrene increased by +18.0% against August 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 98% against the previous month. As a result, import price reached the peak level of $4,025 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Vietnam ($2,694 per ton), while the price for China stood at $2,070 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%).

Price for Polystyrene Cellular Plates, Sheets and Films in India (FOB) - 2022

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $3,207 per ton, which is down by -28.4% against the previous year. Overall, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2015 an increase of 43% against the previous year. The export price peaked at $5,991 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,233 per ton), while the average price for exports to Bhutan ($2,770 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 the United Arab Emirates (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polystyrene Cellular Plates, Sheets and Films in India

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene imported into India rose sharply to 3K tons, increasing by 12% against 2021. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 84%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene plummeted to $6.9M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +38.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, imports attained the peak of $8.9M, and then declined remarkably in the following year.

Import of Polystyrene Cellular Plates, Sheets and Films in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.9	2.4	5.1	5.6	24.5%
Lithuania	N/A	0.1	0.1	0.3	73.2%
Russia	N/A	0.1	0.3	0.3	73.2%
Others	2.5	2.4	3.5	0.7	-34.6%
Total	5.5	5.0	8.9	6.9	7.9%

Top Suppliers of Polystyrene Cellular Plates, Sheets and Films to India in 2022:

China (2659.8 tons)
Russia (93.7 tons)
Lithuania (64.0 tons)

Exports of Polystyrene Cellular Plates, Sheets and Films in India

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene exported from India skyrocketed to 266 tons, jumping by 270% against 2021 figures. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $852K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Polystyrene Cellular Plates, Sheets and Films in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bhutan	11.4	17.4	16.9	397	226.6%
United States	15.6	N/A	1.4	152	113.6%
United Arab Emirates	304	147	92.4	88.6	-33.7%
Bangladesh	5.1	N/A	47.1	78.2	148.4%
Nepal	21.8	17.6	96.0	63.2	42.6%
Canada	N/A	N/A	1.8	31.9	1672.2%
Myanmar	9.3	24.6	N/A	N/A	164.5%
Others	25.5	38.7	66.4	41.5	17.6%
Total	393	246	322	852	29.4%

Top Export Markets for Polystyrene Cellular Plates, Sheets and Films from India in 2022:

Bhutan (143.2 tons)
United States (52.5 tons)
Bangladesh (19.7 tons)
Nepal (19.4 tons)
United Arab Emirates (14.2 tons)
Canada (9.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polystyrene cellular plates, sheets and films 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 22214120 - Cellular plates, sheet, film, foil and strip of polymers of styrene

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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