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The Plastic Reservoir exports hit a peak of 15K tons in 2021, but dipped to a lower figure from 2022 to 2024. In terms of value, exports dropped to $59M in 2024.
From 2022 to 2023, the growth of Plastic Reservoir exports remained at a lower figure. In value terms, Plastic Reservoir exports fell to $265M in 2023.
From 2021 to 2023, the growth of imports for Plastic Reservoir remained at a lower figure. In value terms, Plastic Reservoir imports fell markedly to $3.2M in 2023.
During the review period, Plastic Reservoir exports reached their highest point in 2023 and are projected to continue growing. The value of plastic reservoir exports surged to $134M in 2023.
Learn about the increasing demand for plastic reservoirs, tanks, and vats worldwide, with market performance expected to grow at a CAGR of +0.7% in volume and +2.7% in value from 2023 to 2030.
During the period analyzed, exports of Plastic Reservoir peaked at 9.9K tons in 2022 before sharply declining the following year. In terms of value, exports amounted to $53M in 2023.
From 2018 to 2023, import growth for Plastic Reservoir saw a decline, with imports decreasing to $4.2M in 2023.
The Plastic Reservoir market saw a significant growth rate of 72% month-over-month in April 2023, reaching a total export value of $21M in November 2023.
Imports in general experienced a sharp decline, but Plastic Reservoir imports surged to $173K in October 2023 in terms of value.
The Plastic Reservoir had its most significant growth in May 2023, with a remarkable increase of 134% compared to the previous month. In terms of value, exports of plastic reservoir reached an unprecedented high of $1.2M in October 2023.
In January 2023, there was a significant increase in the pace of growth, with exports of the Plastic Reservoir increasing by 32% month-to-month. However, by July 2023, the value of these exports had shrunk to $6.5M.
In June 2023, the price of Plastic Reservoir was $5,048 per ton (FOB, Italy), showing a decline of -17.9% compared to the previous month.
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