ASEAN: Non-Cellular Polystyrene Film Market 2024

Non-Cellular Polystyrene Film Market Size in ASEAN

In 2022, the ASEAN non-cellular polystyrene film market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Cellular Polystyrene Film Production in ASEAN

In value terms, non-cellular polystyrene film production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Non-Cellular Polystyrene Film Exports

Exports in ASEAN

In 2022, shipments abroad of non-cellular polystyrene films, sheets, foil and strip increased by X% to X tons, rising for the third consecutive year after two years of decline. Total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, non-cellular polystyrene film exports stood at $X in 2022. Total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, Malaysia (X tons) and Vietnam (X tons) were the largest exporters of non-cellular polystyrene films, sheets, foil and strip in ASEAN, together committing X% of total exports. It was distantly followed by Indonesia (X tons), achieving a X% share of total exports. Singapore (X tons), the Philippines (X tons) and Thailand (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular polystyrene film supplying countries in ASEAN were Vietnam ($X), Malaysia ($X) and Indonesia ($X), with a combined X% share of total exports. Thailand, Singapore and the Philippines lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Non-Cellular Polystyrene Film Imports

Imports in ASEAN

In 2022, approx. X tons of non-cellular polystyrene films, sheets, foil and strip were imported in ASEAN; increasing by X% compared with the year before. Over the period under review, imports saw resilient growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, non-cellular polystyrene film imports rose remarkably to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Thailand (X tons) represented the largest importer of non-cellular polystyrene films, sheets, foil and strip, achieving X% of total imports. Vietnam (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%), Indonesia (X%) and the Philippines (X%). The following importers - Singapore (X tons) and Cambodia (X tons) - each reached a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, flattening at the previous year. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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