Overview of the Global Market for Plastic Tableware And Kitchenware

Market Size for Plastic Tableware And Kitchenware

The global plastic tableware and kitchenware market declined modestly to $X in 2022, waning by X% against the previous year. Over the period under review, the total consumption indicated a measured increase 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, consumption increased by X% against 2020 indices. Over the period under review, the global market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Plastic Tableware And Kitchenware

In value terms, plastic tableware and kitchenware production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. The growth pace was the most rapid in 2018 with an increase of X%. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Tableware And Kitchenware

Exports

In 2022, approx. X tons of plastic tableware and kitchenware were exported worldwide; growing by X% on 2021. Overall, total exports indicated resilient 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 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic tableware and kitchenware exports expanded rapidly to $X in 2022. Over the period under review, total exports indicated a resilient increase 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 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. Turkey (X tons), the United States (X tons), Mexico (X tons), Taiwan (Chinese) (X tons), the Netherlands (X tons), the United Arab Emirates (X tons), Italy (X tons) and Germany (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to plastic tableware and kitchenware exports from China stood at X%. At the same time, the United Arab Emirates (X%), Turkey (X%), Mexico (X%), the Netherlands (X%), Taiwan (Chinese) (X%) and the United States (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Germany (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the United States (X p.p.), Germany (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic tableware and kitchenware supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by the United States ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: the United States (X% per year) and Turkey (X% per year).

Export Prices by Country

The average plastic tableware and kitchenware export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Germany ($X per ton), while Mexico ($X per ton) was amongst the lowest.

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

Imports of Plastic Tableware And Kitchenware

Imports

Global plastic tableware and kitchenware imports rose markedly to X tons in 2022, increasing by X% on 2021 figures. Over the period under review, total imports indicated a strong 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, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, plastic tableware and kitchenware imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States was the key importer of plastic tableware and kitchenware in the world, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Germany (X tons), the Netherlands (X tons), the UK (X tons), Canada (X tons), France (X tons), Iraq (X tons), Belgium (X tons), Saudi Arabia (X tons), Mexico (X tons), Italy (X tons), Japan (X tons) and Spain (X tons) took a minor share of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), Mexico (X%), the Netherlands (X%), Italy (X%), Belgium (X%), Spain (X%), Saudi Arabia (X%) and Canada (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Germany, Japan and the UK experienced a relatively flat trend pattern. By contrast, France (X%) illustrated a downward trend over the same period. The United States (X p.p.) and Iraq (X p.p.) significantly strengthened its position in terms of the global imports, while Germany, the UK and France saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported plastic tableware and kitchenware worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average plastic tableware and kitchenware import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2021 when the average import price increased by X%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Japan ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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