China - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

China - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Support Prices in China

China Plastic Support Export Price in September 2022

In September 2022, the plastic support price stood at $8,706 per ton (FOB, China), increasing by 4% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in April 2022 an increase of 6% month-to-month. The export price peaked in September 2022.

There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was South Korea ($13.9 per kg), while the average price for exports to Hong Kong SAR ($5,676 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

China Plastic Support Export Prices by Type

Average prices varied noticeably for the major types of exported product. In September 2022, the product with the highest price was spools, cops, bobbins and similar supports of plastics ($9,225 per ton), while the average price for exports of plastic stoppers, caps and closures amounted to $8,638 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: plastic supports (+3.8%).

China Plastic Support Exports

In September 2022, overseas shipments of spools, cops and similar supports of plastics decreased by -8.8% to 21K tons, falling for the second consecutive month after three months of growth. Overall, exports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in March 2022 when exports increased by 37% month-to-month. Over the period under review, the exports reached the maximum at 26K tons in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.

In value terms, plastic support exports dropped to $179M (IndexBox estimates) in September 2022. In general, exports showed a slight decline. The growth pace was the most rapid in March 2022 with an increase of 26% against the previous month. The exports peaked at 206K tons in July 2022; however, from August 2022 to September 2022, the exports stood at a somewhat lower figure.

China Plastic Support Exports by Type

Plastic stoppers, caps and closures (18K tons) was the largest type of plastic support exported from China, accounting for a 88% share of total exports. Moreover, plastic stoppers, caps and closures exceeded the volume of the second product type, spools, cops, bobbins and similar supports of plastics (2.4K tons), eightfold.

From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of export of plastic stoppers, caps and closures stood at -2.7%.

In value terms, plastic stoppers, caps and closures ($157M) remains the largest type of plastic support exported from China, comprising 88% of total exports. The second position in the ranking was taken by spools, cops, bobbins and similar supports of plastics ($22M), with a 12% share of total exports.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of plastic stoppers, caps and closures totaled -1.9%.

China Plastic Support Exports by Country

The United States (4.4K tons) was the main destination for plastic support exports from China, accounting for a 22% share of total exports. Moreover, plastic support exports to the United States exceeded the volume sent to the second major destination, Japan (2K tons), twofold. The third position in this ranking was taken by Australia (1.2K tons), with a 5.8% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume to the United States amounted to -4.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-0.5% per month) and Australia (+0.5% per month).

In value terms, the United States ($36M) remains the key foreign market for plastic support exports from China, comprising 20% of total exports. The second position in the ranking was taken by Japan ($14M), with an 8% share of total exports. It was followed by South Korea, with a 5.3% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to the United States amounted to -4.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-0.9% per month) and South Korea (+2.8% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic support market in China. 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
  • Prodcom 22221920 - Plastic caps and capsules for bottles
  • Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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
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