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

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

The East Asian market for plastic plates, sheets, film, foil and strip amounted to $X in 2022, remaining stable against the previous year. Overall, consumption saw a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of plastic plates, sheets, film, foil and strip reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports in Eastern Asia

For the sixth consecutive year, Eastern Asia 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 strong 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 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of plastic plates, sheets, film, foil and strip reduced 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

China represented the key exporting country with an export of around X tons, which resulted at X% of total exports. South Korea (X tons) held the second position in the ranking, followed by Japan (X tons) and Taiwan (Chinese) (X tons). All these countries together held approx. 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, 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. China (X p.p.) significantly strengthened its position in terms of the total exports, while South Korea, Japan and Taiwan (Chinese) saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

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

In China, exports of plastic plates, sheets, film, foil and strip increased at an average annual rate of X% over the period from 2012-2022. 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

In 2022, the export price in Eastern Asia amounted to $X per ton, reducing by X% against the previous year. In general, the export price showed a perceptible decrease. The most prominent rate of growth was recorded 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 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 ($X per ton), while China ($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 mixed trends in the export price figures.

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

Imports in Eastern Asia

After two years of growth, overseas purchases of plastic plates, sheets, film, foil and strip decreased by X% to X tons in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, imports of plastic plates, sheets, film, foil and strip reduced sharply to $X in 2022. Overall, imports saw a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

China (X tons) and Japan (X tons) represented the key importers of plastic plates, sheets, film, foil and strip in 2022, reaching near X% and X% of total imports, respectively. It was distantly followed by South Korea (X tons) and Taiwan (Chinese) (X tons), together achieving a X% share of total imports. Hong Kong SAR (X tons) followed a long way behind the leaders.

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

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

From 2012 to 2022, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the import price continues to indicate a pronounced curtailment. 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.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Japan ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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