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

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

The South Asian market for plastic plates, sheets, film, foil and strip reduced modestly to $X in 2022, dropping by X% against the previous year. In general, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of plastic plates, sheets, film, foil and strip dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a slight setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

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

Exports in Southern Asia

In 2022, shipments abroad of plastic plates, sheets, film, foil and strip decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Total exports indicated a resilient increase 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 2013 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, exports of plastic plates, sheets, film, foil and strip totaled $X in 2022. 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 2016 indices. The pace of growth appeared the most rapid in 2021 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 expected to retain growth in the near future.

Exports by Country

India dominates strip structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Pakistan (X tons), achieving a X% share of total exports. Bangladesh (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Pakistan and Bangladesh increased by X and X percentage points, respectively.

In value terms, India ($X) remains the largest plastic plate, sheet, film, foil and strip supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.

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

Imports in Southern Asia

In 2022, imports of plastic plates, sheets, film, foil and strip in Southern Asia rose sharply to X tons, picking up by X% on 2021 figures. In general, imports showed a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, imports of plastic plates, sheets, film, foil and strip soared to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

India was the largest importer of plastic plates, sheets, film, foil and strip in Southern Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X tons) and Pakistan (X tons), together achieving a X% share of total imports. The following importers - Nepal (X tons) and Sri Lanka (X tons) - each amounted to a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to plastic plate, sheet, film, foil and strip imports into India stood at X%. At the same time, Nepal (X%), Bangladesh (X%), Sri Lanka (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (X p.p.) and Pakistan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, imports 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: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Nepal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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