China: Plastic Extruder Market 2024

Plastic Extruder Market Size in China

In 2022, the Chinese plastic extruder market decreased by X% to $X, falling for the second year in a row after three years of growth. In general, consumption, however, showed a remarkable increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Plastic Extruder Production in China

In value terms, plastic extruder production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, posted a strong increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Plastic Extruder Exports

Exports from China

In 2022, shipments abroad of extruders for working rubber or plastics increased by X% to X units, rising for the sixth year in a row after three years of decline. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, plastic extruder exports expanded significantly to $X in 2022. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units), Vietnam (X units) and India (X units) were the main destinations of plastic extruder exports from China, together accounting for X% of total exports. Indonesia, Mexico, Russia, Egypt, Nigeria, Malaysia, Uzbekistan, Thailand, Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, Vietnam ($X), India ($X) and Russia ($X) constituted the largest markets for plastic extruder exported from China worldwide, with a combined X% share of total exports. Indonesia, Turkey, Thailand, Mexico, the United States, Egypt, Malaysia, the United Arab Emirates, Uzbekistan and Nigeria lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic extruder export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price saw a deep contraction. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced a decline.

Plastic Extruder Imports

Imports into China

For the third consecutive year, China recorded growth in overseas purchases of extruders for working rubber or plastics, which increased by X% to X units in 2022. In general, imports, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic extruder imports shrank to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Germany (X units), Japan (X units) and Taiwan (Chinese) (X units) were the main suppliers of plastic extruder imports to China, together accounting for X% of total imports. The UK, Austria, Finland, the United States and South Korea lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest plastic extruder suppliers to China were Germany ($X), Japan ($X) and Austria ($X), with a combined X% share of total imports. Taiwan (Chinese), South Korea, the United States, Finland and the UK lagged somewhat behind, together accounting for a further X%.

Finland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic extruder import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price 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, plastic extruder import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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