ASEAN: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in ASEAN

The ASEAN market for plastic plates, sheets, film, foil and strip shrank slightly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Plastic Plates, Sheets, Film, Foil And Strip in ASEAN

In value terms, production of plastic plates, sheets, film, foil and strip contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced setback. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports in ASEAN

In 2022, shipments abroad of plastic plates, sheets, film, foil and strip decreased by X% to X tons for the first time since 2011, thus ending a ten-year rising trend. The total export volume increased at an average annual rate of X% over the period from 2012 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 2017 with an increase of X%. Over the period under review, the exports of reached the maximum at X tons in 2021, and then fell slightly in the following year.

In value terms, exports of plastic plates, sheets, film, foil and strip expanded to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Malaysia (X tons) and Thailand (X tons) represented the major exporters of plastic plates, sheets, film, foil and strip in 2022, reaching approx. X% and X% of total exports, respectively. Indonesia (X tons) ranks next in terms of the total exports with a X% share, followed by Vietnam (X%). Singapore (X tons) and the Philippines (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest plastic plate, sheet, film, foil and strip supplying countries in ASEAN were Malaysia ($X), Thailand ($X) and Indonesia ($X), together comprising X% of total exports. Vietnam, Singapore and the Philippines lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of 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, growing by X% against the previous year. In general, the export price, however, showed a mild reduction. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports in ASEAN

In 2022, approx. X tons of plastic plates, sheets, film, foil and strip were imported in ASEAN; waning by X% on the previous year. In general, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, imports of plastic plates, sheets, film, foil and strip declined modestly to $X in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2021, and then declined slightly in the following year.

Imports by Country

In 2022, Vietnam (X tons), distantly followed by Malaysia (X tons), Indonesia (X tons), Thailand (X tons), the Philippines (X tons) and Singapore (X tons) represented the largest importers of plastic plates, sheets, film, foil and strip, together committing X% of total imports. Myanmar (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported plastic plates, sheets, film, foil and strip in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In Vietnam, imports of plastic plates, sheets, film, foil and strip increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, rising by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Myanmar ($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.

Source: IndexBox Platform

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