Eastern Asia: Plastic Headgear Market 2024

Plastic Headgear Market Size in Eastern Asia

The East Asian plastic headgear market shrank modestly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Plastic Headgear Production in Eastern Asia

In value terms, plastic headgear production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Plastic Headgear Exports

Exports in Eastern Asia

In 2022, shipments abroad of headgear of rubber or plastic increased by X% to X units, rising for the second year in a row after two years of decline. The total export volume 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 growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic headgear exports soared to $X in 2022. Total exports indicated a tangible increase 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 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

China (X units) represented roughly X% of total exports in 2022.

China was also the fastest-growing in terms of the headgear of rubber or plastic exports, with a CAGR of X% from 2012 to 2022. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest plastic headgear supplier in Eastern Asia.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, with an increase of X% against the previous year. Export price indicated perceptible 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. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Plastic Headgear Imports

Imports in Eastern Asia

In 2022, supplies from abroad of headgear of rubber or plastic increased by X% to X units, rising for the second consecutive year after five years of decline. In general, imports, however, saw a perceptible descent. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, plastic headgear imports fell to $X in 2022. Over the period under review, imports, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) and China (X units) represented the major importers of headgear of rubber or plastic in Eastern Asia, together generating X% of total imports. South Korea (X units) ranks next in terms of the total imports with a X% share, followed by Hong Kong SAR (X%) and Taiwan (Chinese) (X%).

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

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price, however, saw a slight increase. The growth pace was the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while Taiwan (Chinese) ($X per unit) 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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :