We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
India - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

India - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Jun 13, 2023

Plastic Container Price in India Declines Slightly to $3,224 per Ton

India Plastic Container Export Price in February 2023

In February 2023, the plastic container price amounted to $3,224 per ton (FOB, India), declining by -3.9% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 an increase of 5.7% m-o-m. The export price peaked at $3,586 per ton in December 2022; however, from January 2023 to February 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,819 per ton), while the average price for exports to Guinea ($1,372 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Plastic Container in India (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
United States5,5066,1494,2024,9995,1984,9014,5364,2684,7074,9515,2485,8184,819
United Kingdom4,2803,9554,3134,2404,2464,3914,6374,4243,4274,4234,4893,9164,225
Indonesia3,0942,8792,8542,4223,2612,8072,7072,5421,7432,6172,9062,8953,404
United Arab Emirates4,2984,7365,9364,5544,4184,9385,0154,0864,0224,2864,0733,4563,136
Bangladesh2,4682,7863,2313,1232,9962,5662,7003,2182,8204,7103,9723,8092,937
Nepal8,36811,7684,1186,7021,1372,0971,4582,6273,4038,9481,7503,5292,846
Kuwait2,2392,5122,6572,6352,4842,5842,4812,6302,2222,4101,9112,2702,247
Sierra Leone1,9041,6921,8071,7811,8021,7371,7441,7161,9591,6601,7211,9831,956
Qatar2,4701,8782,2793,3582,5392,3872,6662,4622,1892,8662,6872,2281,815
Gabon1,5121,5521,7601,7251,7311,6531,7381,7461,5661,6411,6791,5941,615
Liberia1,6681,7071,8321,9241,8041,8031,9641,8501,6751,6411,5111,5001,539
Angola1,6101,8612,3581,592N/A1,9321,8111,5751,1101,4981,3611,3961,448
Guinea1,5661,6821,7491,8071,7641,7091,7951,6851,5261,5201,4171,4341,372
Average3,4083,3033,4903,3393,0653,2333,3363,3933,5483,5213,5863,3543,224

India Plastic Container Exports

In February 2023, shipments abroad of plastic containers increased by 4.4% to 4K tons for the first time since November 2022, thus ending a two-month declining trend. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 with an increase of 30% month-to-month.

In value terms, plastic container exports stood at $13M (IndexBox estimates) in February 2023. In general, exports, however, continue to indicate a mild slump. The most prominent rate of growth was recorded in November 2022 when exports increased by 29% month-to-month.

India Plastic Container Exports by Country

the United States (453 tons), the UK (365 tons) and the United Arab Emirates (265 tons) were the main destinations of plastic container exports from India, with a combined 27% share of total exports. Qatar, Guinea, Liberia, Bangladesh, Angola, Sierra Leone, Nepal, Kuwait, Gabon and Indonesia lagged somewhat behind, together accounting for a further 32%.

From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +15.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($2.2M), the UK ($1.5M) and the United Arab Emirates ($830K) constituted the largest markets for plastic container exported from India worldwide, together accounting for 35% of total exports. These countries were followed by Qatar, Bangladesh, Nepal, Indonesia, Sierra Leone, Kuwait, Liberia, Guinea, Angola and Gabon, which together accounted for a further 20%.

Indonesia, with a CAGR of +16.4%, 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic container market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 22221950 - Articles for the conveyance or packaging of goods, of plastics (excluding boxes, cases, crates and similar articles, sacks and bags, including cones, carboys, bottles, flasks and similar articles, spools, spindles, bobbins and similar supports, s toppers, lids, caps and other closures)

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Plastic Containers - India
Table
Plastic Containers - India - Table
Dashboard
Plastic Containers - India - Dashboard
Report
Plastic Containers - India - Report