U.S. - Plastic Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights

U.S.: Plastic Bag Market Overview 2019

Plastic Bag Market Size in the U.S.

The revenue of the plastic bag market in the U.S. amounted to $X in 2018, flattening at the previous year. The market value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, the plastic bag market attained its peak level of $X, and then declined slightly in the following year.

Plastic Bag Production in the U.S.

In value terms, plastic bag production stood at $X in 2018. The total output value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 when production volume increased by X% y-o-y. Plastic bag production peaked in 2018 and is likely to continue its growth in the near future.

Plastic Bag Exports

Exports from the U.S.

In 2018, the exports of plastic sacks and bags from the U.S. amounted to X tonnes, increasing by X% against the previous year. Over the period under review, plastic bag exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, plastic bag exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% from 2013 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, plastic bag exports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Canada (X tonnes), Mexico (X tonnes) and the Dominican Republic (X tonnes) were the main destinations of plastic bag exports from the U.S., together comprising X% of total exports. These countries were followed by Japan, Singapore, the Netherlands and the UK, which together accounted for a further X 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and the Dominican Republic ($X) were the largest markets for plastic bag exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by Japan, the UK, Singapore and the Netherlands, which together accounted for a further X Netherlands recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last five years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average plastic bag export price amounted to $X per tonne, going down by -X% against the previous year. In general, the export price indicated a significant expansion from 2013 to 2018: its price increased at an average annual rate of +X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plastic bag export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 an increase of X% y-o-y. In that year, the average export prices for plastic sacks and bags reached their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Singapore ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Plastic Bag Imports

Imports into the U.S.

Plastic bag imports into the U.S. amounted to X tonnes in 2018, leveling off at the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. In that year, plastic bag imports reached their peak of X tonnes, and then declined slightly in the following year.

In value terms, plastic bag imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, China (X tonnes) constituted the largest plastic bag supplier to the U.S., accounting for a X% share of total imports. Moreover, plastic bag imports from China exceeded the figures recorded by the second-largest supplier, Canada (X tonnes), twofold. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

From 2013 to 2018, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Mexico (+X% per year).

In value terms, China ($X) constituted the largest supplier of plastic bag to the U.S., comprising X% of total plastic bag imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2018, the average plastic bag import price amounted to $X per tonne, going up by X% against the previous year. Over the last five-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. In that year, the average import prices for plastic sacks and bags attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per tonne), while the price for Malaysia ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform