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

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

The Asian market for plastic plates, sheets, film, foil and strip reduced to $X in 2022, approximately mirroring the previous year. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

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

In value terms, production of plastic plates, sheets, film, foil and strip fell to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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

Exports in Asia

For the sixth year in a row, Asia recorded growth in shipments abroad of plastic plates, sheets, film, foil and strip, which increased by X% to X tons in 2022. Total exports indicated a buoyant increase 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 most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of plastic plates, sheets, film, foil and strip stood at $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 throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, China (X tons) represented the major exporter of plastic plates, sheets, film, foil and strip, mixing up X% of total exports. Turkey (X tons) took the second position in the ranking, followed by South Korea (X tons), Malaysia (X tons), India (X tons), Japan (X tons), Thailand (X tons) and Taiwan (Chinese) (X tons). All these countries together took near X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Turkey (X%), India (X%), Thailand (X%), Malaysia (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Turkey increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic plate, sheet, film, foil and strip supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($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 stood at X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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

Imports of plastic plates, sheets, film, foil and strip dropped to X tons in 2022, shrinking by X% on 2021. The total import volume increased at an average annual rate of X% 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 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

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

Imports by Country

The countries with the highest levels of imports of plastic plates, sheets, film, foil and strip in 2022 were China (X tons), India (X tons), Japan (X tons), Vietnam (X tons), South Korea (X tons), Turkey (X tons), Malaysia (X tons), Indonesia (X tons), Taiwan (Chinese) (X tons), Thailand (X tons), the United Arab Emirates (X tons) and the Philippines (X tons), together accounting for X% of total import. Bangladesh (X tons) held a little share of total imports.

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

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

In China, imports of plastic plates, sheets, film, foil and strip remained relatively stable over the period from 2012-2022. 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 stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price recorded a noticeable setback. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked 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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