ASEAN: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2025

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in ASEAN

The ASEAN market for self-adhesive plastic tape in rolls of a width under 20cm contracted to $X in 2022, dropping by -3% against the previous year. The market value increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in ASEAN

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports in ASEAN

In 2022, after ten years of growth, there was decline in shipments abroad of self-adhesive plastic tape in rolls of a width under 20cm, when their volume decreased by -2% to X tons. Total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, the exports attained the peak of X tons, and then contracted modestly in the following year.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm fell modestly to $X in 2022. The total export value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

In 2022, Indonesia (X tons), distantly followed by Malaysia (X tons), Thailand (X tons) and Singapore (X tons) were the main exporters of self-adhesive plastic tape in rolls of a width under 20cm, together comprising 95% of total exports. Vietnam (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +13.5%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Singapore ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2022, together accounting for 76% of total exports. Thailand and Vietnam lagged somewhat behind, together comprising a further 23%.

Vietnam, with a CAGR of +13.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, stabilizing at the previous year. In general, the export price recorded a mild descent. The most prominent rate of growth was recorded in 2021 when the export price increased by 11%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.6%), while the other leaders experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports in ASEAN

Imports of self-adhesive plastic tape in rolls of a width under 20cm reduced to X tons in 2022, dropping by -7.8% against the previous year's figure. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm reduced modestly to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +12.2% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by 19%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the seven major importers of self-adhesive plastic tape in rolls of a width under 20cm, namely Vietnam, Indonesia, Malaysia, the Philippines, Thailand, Singapore and Myanmar, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +30.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive plastic tape in rolls of a width under 20cm importing markets in ASEAN were Vietnam ($X), Malaysia ($X) and Indonesia ($X), with a combined 60% share of total imports. Singapore, Thailand, the Philippines and Myanmar lagged somewhat behind, together comprising a further 38%.

The Philippines, with a CAGR of +21.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, surging by 4.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 5.4%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform