China: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in China

In 2022, the Chinese market for self-adhesive plastic tape in rolls of a width under Xcm decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under Xcm in China

In value terms, production of self-adhesive plastic tape in rolls of a width under Xcm stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from China

In 2022, approx. X tons of self-adhesive plastic tape in rolls of a width under Xcm were exported from China; jumping by X% on the previous year. Overall, total exports indicated a prominent expansion 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 2016 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm skyrocketed to $X in 2022. In general, total exports indicated a resilient 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under Xcm from China, accounting for a X% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under Xcm to the United States exceeded the volume sent to the second major destination, Japan (X tons), twofold. Mexico (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Mexico (X% per year).

In value terms, the United States ($X), Vietnam ($X) and the Philippines ($X) appeared to be the largest markets for self-adhesive plastic tape in rolls of a width under Xcm exported from China worldwide, together comprising X% of total exports.

Among the main countries of destination, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for self-adhesive plastic tape in rolls of a width under Xcm stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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 ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

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

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into China

In 2022, imports of self-adhesive plastic tape in rolls of a width under Xcm into China fell to X tons, shrinking by X% compared with 2021. Over the period under review, imports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm reduced to $X in 2022. The total import 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 was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

South Korea (X tons), Japan (X tons) and Hong Kong SAR (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under Xcm to China, together comprising X% of total imports.

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

In value terms, Japan ($X), South Korea ($X) and Hong Kong SAR ($X) were the largest self-adhesive plastic tape in rolls of a width under Xcm suppliers to China, together comprising X% of total imports.

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

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under Xcm stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated resilient growth 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, import price for self-adhesive plastic tape in rolls of a width under Xcm increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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