U.S. - Spools, Cops, Bobbins And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingU.S. Plastic Supports Export Drops Significantly to $71 Million in 2023
U.S. Plastic Supports Exports
In 2023, after two years of growth, there was significant decline in overseas shipments of spools, cops, bobbins and similar supports of plastics, when their volume decreased by -13.6% to 17K tons. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. Over the period under review, the exports reached the peak figure at 20K tons in 2022, and then shrank in the following year.
In value terms, plastic supports exports contracted to $71M (IndexBox estimates) in 2023. The total export value increased at an average annual rate of +1.9% from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 31%. The exports peaked at $79M in 2022, and then dropped in the following year.
| COUNTRY | Export Value of Plastic Supports in U.S. (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Mexico | 19.8 | 22.4 | 19.4 | 21.2 | 23.8 | 31.5 | 24.8 | 21.9 | 32.1 | 37.7 | 30.5 |
| South Korea | 0.4 | 0.1 | 1.5 | 3.7 | 1.7 | 3.0 | 4.6 | 5.1 | 5.3 | 6.1 | 8.6 |
| Canada | 8.0 | 9.4 | 12.6 | 12.4 | 8.2 | 7.6 | 7.2 | 7.2 | 7.7 | 8.9 | 7.8 |
| Taiwan (Chinese) | 2.3 | 2.6 | 3.2 | 3.7 | 3.6 | 4.6 | 6.9 | 5.6 | 5.9 | 6.6 | 5.1 |
| Japan | 10.4 | 4.7 | 0.9 | 1.4 | 1.0 | 2.7 | 3.7 | 2.9 | 4.0 | 4.3 | 3.5 |
| China | 0.8 | 1.1 | 1.4 | 3.7 | 2.7 | 2.0 | 0.7 | 0.5 | 0.8 | 0.5 | 2.5 |
| Germany | 1.3 | 1.8 | 1.4 | 4.0 | 2.3 | 2.5 | 2.7 | 1.8 | 1.6 | 1.5 | 1.5 |
| Others | 15.9 | 12.0 | 10.1 | 9.6 | 12.1 | 10.3 | 10.5 | 7.0 | 11.0 | 13.8 | 11.4 |
| Total | 58.9 | 54.1 | 50.4 | 59.6 | 55.5 | 64.1 | 61.0 | 52.1 | 68.3 | 79.4 | 70.9 |
Exports by Country
Mexico (7K tons) was the main destination for plastic supports exports from the United States, with a 40% share of total exports. Moreover, plastic supports exports to Mexico exceeded the volume sent to the second major destination, Taiwan (Chinese) (2.6K tons), threefold. Canada (2.3K tons) ranked third in terms of total exports with a 13% share.
From 2013 to 2023, the average annual rate of growth in terms of volume to Mexico stood at +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+20.0% per year) and Canada (+4.7% per year).
In value terms, Mexico ($31M) remains the key foreign market for spools, cops, bobbins and similar supports of plastics exports from the United States, comprising 43% of total exports. The second position in the ranking was held by South Korea ($8.6M), with a 12% share of total exports. It was followed by Canada, with an 11% share.
From 2013 to 2023, the average annual rate of growth in terms of value to Mexico stood at +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+35.1% per year) and Canada (-0.2% per year).
Export Prices by Country
In 2023, the plastic supports price stood at $4,067 per ton (FOB, US), with an increase of 3.4% against the previous year. In general, the export price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2022 an increase of 14% against the previous year. Over the period under review, the average export prices reached the maximum at $6,200 per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($9,224 per ton), while the average price for exports to Taiwan (Chinese) ($1,936 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.3%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the plastic supports market in the U.S.. 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
