Asia-Pacific: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Asia-Pacific

In 2022, the Asia-Pacific market for plastic plates, sheets, film, foil and strip increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption recorded a slight decline. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Asia-Pacific

In value terms, production of plastic plates, sheets, film, foil and strip stood at $X in 2022 estimated in export price. Overall, production recorded a mild reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in Asia-Pacific

For the sixth consecutive year, Asia-Pacific recorded growth in overseas shipments of plastic plates, sheets, film, foil and strip, which increased by X% to X tons in 2022. Total exports indicated pronounced 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 2012 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, exports of plastic plates, sheets, film, foil and strip shrank modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 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 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell slightly in the following year.

Exports by Country

China prevails in strip structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by South Korea (X tons), Malaysia (X tons), India (X tons), Japan (X tons), Thailand (X tons) and Taiwan (Chinese) (X tons), together comprising a X% share of total exports.

China was also the fastest-growing in terms of the plastic plates, sheets, film, foil and strip exports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%), Thailand (X%), Malaysia (X%) and South Korea (X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (X p.p.), Japan (X p.p.) and Taiwan (Chinese) (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic plate, sheet, film, foil and strip supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price showed a noticeable curtailment. The pace of growth appeared the most rapid 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 Japan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

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

Imports in Asia-Pacific

In 2022, imports of plastic plates, sheets, film, foil and strip in Asia-Pacific contracted to X tons, with a decrease of X% compared with 2021. The total import 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 pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, imports of plastic plates, sheets, film, foil and strip declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X tons), India (X tons), Japan (X tons), Vietnam (X tons), South Korea (X tons), Australia (X tons), Malaysia (X tons), Indonesia (X tons), Taiwan (Chinese) (X tons), Thailand (X tons), the Philippines (X tons) and Bangladesh (X tons) was the key importer of plastic plates, sheets, film, foil and strip in Asia-Pacific, comprising X% of total import.

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

In value terms, China ($X) constitutes the largest market for imported plastic plates, sheets, film, foil and strip in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

Source: IndexBox Platform

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