U.S. - Plastic Boxes, Cases, Crates And Similar Packing Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Box Prices in the United States
U.S. Plastic Box Export Price per Ton in August 2022
In August 2022, the plastic box price per ton stood at $5.4K (FOB, US), falling by -5% against the previous month. Over the last seven-month period, it increased at an average monthly rate of +3.7%. The growth pace was the most rapid in July 2022 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $5.7K per ton, and then fell in the following month.
There were significant differences in the average prices for the major external markets. In August 2022, the country with the highest price was Canada ($16.7K per ton), while the average price for exports to Mexico ($3.8K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Plastic Box Exports
In August 2022, shipments abroad of plastic boxes, cases, crates and similar packing articles was finally on the rise to reach 29K tons for the first time since March 2022, thus ending a four-month declining trend. Over the period under review, exports, however, recorded a slight downturn. The growth pace was the most rapid in March 2022 when exports increased by 21% against the previous month. As a result, the exports reached the peak of 39K tons. From April 2022 to August 2022, the growth of the exports remained at a lower figure.
In value terms, plastic box exports rose remarkably to $154M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +2.1% from January 2022 to August 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in March 2022 with an increase of 20% against the previous month. As a result, the exports attained the peak of $169M. From April 2022 to August 2022, the growth of the exports remained at a lower figure.
U.S. Plastic Box Exports by Country
Mexico (21K tons) was the main destination for plastic box exports from the United States, with a 74% share of total exports. Moreover, plastic box exports to Mexico exceeded the volume sent to the second major destination, Canada (2.7K tons), eightfold. The third position in this ranking was taken by Japan (878 tons), with a 3.1% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume to Mexico totaled -1.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (-5.1% per month) and Japan (+1.1% per month).
In value terms, Mexico ($81M), Canada ($46M) and Japan ($5M) appeared to be the largest markets for plastic box exported from the United States worldwide, with a combined 85% share of total exports. Honduras lagged somewhat behind, comprising a further 1.6%.
Among the main countries of destination, Honduras, with a CAGR of +20.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the plastic box 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 22221300 - Plastic boxes, cases, crates and similar articles for the conveyance or packing of goods
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
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During the review period, Plastic Box exports peaked at 496K tons in 2019 but experienced a downturn from 2020 to 2023. In terms of value, Plastic Box exports rose to $2.1B in 2023.
459
The export value of Plastic Box saw a significant contraction to $185M in June 2023.
124
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176
Dow Inc. announces major job cuts following a significant fourth-quarter profit shortfall, aiming to reduce costs amid challenging economic conditions.
490
Plastic Packaging imports reached a peak of 131K tons but experienced a decline in the subsequent month. In terms of value, the imports of Plastic Packaging decreased to $465M in November 2023.
180
During the period analyzed, Plastic Closure imports reached a peak of 332K tons in 2022, before experiencing a significant decrease the following year. In terms of value, imports dropped to $1.3B in 2023.
1082
In February 2023, the plastic closure price dropped by 7.4% from the previous month and settled at a CIF US rate of $4,847 per ton.
100
In August 2024, the Plastic Bag price reached $3,527 per ton (CIF, US), closely in line with the previous month.
1033
In 2020, American imports of plastic sacks and bags soared by +7.7% y-o-y to $3.2B, continuing a steady increase seen over the past decade. China, Canada and Thailand remain leading suppliers of plastic sacks and bags to the U.S., accounting for 55% of the American imports. Last year, purchases from China declined, while imports from Canada grew significantly. Germany emerged as the fastest-growing supplier of plastic sacks and bags to the U.S. The average plastic bag import price increased by +2.7% y-o-y to $3,284 per ton in 2020.
1140
From 2008 to 2015, U.S. plastic bag market showed modest growth. It expanded from X million USD in 2008 to X million USD in 2015, rising with a CAGR of +X>
