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

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

The Japanese market for plastic plates, sheets, film, foil and strip reached $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a pronounced curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Japan

In value terms, production of plastic plates, sheets, film, foil and strip amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports from Japan

After two years of growth, shipments abroad of plastic plates, sheets, film, foil and strip decreased by X% to X tons in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, exports of plastic plates, sheets, film, foil and strip contracted significantly to $X in 2022. Over the period under review, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Japan, accounting for a X% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to China exceeded the volume sent to the second major destination, South Korea (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X), South Korea ($X) and Taiwan (Chinese) ($X) constituted the largest markets for plastic plate, sheet, film, foil and strip exported from Japan worldwide, together comprising X% of total exports. The United States, Hong Kong SAR, Vietnam, Germany, Thailand, Malaysia and the Philippines lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price showed a noticeable downturn. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Malaysia ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Japan

In 2022, supplies from abroad of plastic plates, sheets, film, foil and strip increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of plastic plates, sheets, film, foil and strip stood at $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

China (X tons), Malaysia (X tons) and South Korea (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Japan, with a combined X% share of total imports. Indonesia, Taiwan (Chinese), Thailand, Vietnam and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Malaysia ($X) and South Korea ($X) appeared to be the largest plastic plate, sheet, film, foil and strip suppliers to Japan, with a combined X% share of total imports. Indonesia, the United States, Taiwan (Chinese), Thailand and Vietnam lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Vietnam, 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 plastic plates, sheets, film, foil and strip stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked 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 supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($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 prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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