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

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

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Plastic Support Prices in the United States

U.S. Plastic Support Export Price per Ton in June 2022

In June 2022, the plastic support price per ton stood at $10.8K (FOB, US), with an increase of 15% against the previous month. Over the last five months, it increased at an average monthly rate of +3.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In June 2022, the country with the highest price was Canada ($194.7K per ton), while the average price for exports to Taiwan (Chinese) ($3.6K per ton) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Plastic Support Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In June 2022, the product with the highest price was plastic stoppers, caps and closures ($12.3K per ton), while the average price for exports of spools, cops, bobbins and similar supports of plastics stood at $4.6K per ton.

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

U.S. Plastic Support Exports

In June 2022, shipments abroad of spools, cops and similar supports of plastics decreased by -8.8% to 9.1K tons, falling for the third month in a row after three months of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 with an increase of 16% against the previous month. As a result, the exports reached the peak of 11K tons. From April 2022 to June 2022, the growth of the exports remained at a lower figure.

In value terms, plastic support exports rose modestly to $98M (IndexBox estimates) in June 2022. The total export value increased at an average monthly rate of +3.2% over the period from January 2022 to June 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in March 2022 with an increase of 16% against the previous month. As a result, the exports reached the peak of $105M. From April 2022 to June 2022, the growth of the exports remained at a somewhat lower figure.

U.S. Plastic Support Exports by Type

Plastic stoppers, caps and closures (7.4K tons) was the largest type of plastic support exported from the United States, with a 81% 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 (1.7K tons), fourfold.

From January 2022 to June 2022, the average monthly growth rate of the volume of export of plastic stoppers, caps and closures was relatively modest.

In value terms, plastic stoppers, caps and closures ($91M) remains the largest type of plastic support exported from the United States, comprising 92% of total exports. The second position in the ranking was held by spools, cops, bobbins and similar supports of plastics ($7.8M), with a 7.9% share of total exports.

From January 2022 to June 2022, the average monthly rate of growth in terms of the export volume of plastic stoppers, caps and closures amounted to +2.9%.

U.S. Plastic Support Exports by Country

Mexico (840 tons) was the main destination for plastic support exports from the United States, accounting for a 9.2% share of total exports. Moreover, plastic support exports to Mexico exceeded the volume sent to the second major destination, Canada (213 tons), fourfold. Taiwan (Chinese) (161 tons) ranked third in terms of total exports with a 1.8% share.

From January 2022 to June 2022, the average monthly growth rate of volume to Mexico amounted to +3.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (-2.2% per month) and Taiwan (Chinese) (-0.5% per month).

In value terms, the largest markets for plastic support exported from the United States were Canada ($42M), Mexico ($25M) and Germany ($2.7M), with a combined 70% share of total exports. These countries were followed by China, South Korea, Japan, Taiwan (Chinese), Italy and Turkey, which together accounted for a further 5.8%.

Among the main countries of destination, South Korea, with a CAGR of +15.1%, recorded the highest rates of growth with regard to the value of exports, 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 support 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
  • Prodcom 22221920 - Plastic caps and capsules for bottles
  • Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)

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:

  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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