Indonesia: Market for Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Indonesia

The Indonesian market for cellular plates, sheets, film, foil and strip of plastics totaled $X in 2023, increasing by X% against the previous year. Overall, consumption showed a resilient expansion. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Indonesia

In value terms, production of cellular plates, sheets, film, foil and strip of plastics amounted to $X in 2023 estimated in export price. In general, production enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Production of peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Indonesia

In 2023, approx. X tons of cellular plates, sheets, film, foil and strip of plastics were exported from Indonesia; growing by X% against the year before. Over the period under review, exports, however, recorded a pronounced contraction. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, exports of cellular plates, sheets, film, foil and strip of plastics reached $X in 2023. In general, exports, however, continue to indicate a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for exports of cellular plates, sheets, film, foil and strip of plastics from Indonesia, accounting for a X% share of total exports. Moreover, exports of cellular plates, sheets, film, foil and strip of plastics to Saudi Arabia exceeded the volume sent to the second major destination, Japan (X tons), fourfold. Thailand (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Thailand (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for cellular plates, sheets, film, foil and strip of plastics exports from Indonesia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Japan, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Japan (X% per year).

Export Prices by Country

The average export price for cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price saw a slight descent. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Indonesia

In 2023, overseas purchases of cellular plates, sheets, film, foil and strip of plastics decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Overall, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, imports of cellular plates, sheets, film, foil and strip of plastics contracted to $X in 2023. In general, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of cellular plates, sheets, film, foil and strip of plastics to Indonesia, with a X% share of total imports. Moreover, imports of cellular plates, sheets, film, foil and strip of plastics from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), more than tenfold. Vietnam (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Vietnam (X% per year).

In value terms, China ($X) constituted the largest supplier of cellular plates, sheets, film, foil and strip of plastics to Indonesia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2023, the average import price for cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, waning by X% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for cellular plates, sheets, film, foil and strip of plastics increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 more modest paces of growth.

Source: IndexBox Platform