Asia-Pacific: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Asia-Pacific

The Asia-Pacific plastic self-adhesive plate market shrank slightly to $X in 2022, with a decrease of -3.9% against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Plastic Self-Adhesive Plate Production in Asia-Pacific

In value terms, plastic self-adhesive plate production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 18%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Plastic Self-Adhesive Plate Exports

Exports in Asia-Pacific

In 2022, exports of plastic self-adhesive plates, sheets and other flat shapes in Asia-Pacific expanded significantly to X tons, surging by 8.4% against 2021. Total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.4% 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 +74.4% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, plastic self-adhesive plate exports amounted to $X in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

China prevails in exports structure, amounting to X tons, which was approx. 71% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), South Korea (X tons) and Japan (X tons), together mixing up a 17% share of total exports. Malaysia (X tons) and India (X tons) held a little share of total exports.

Exports from China increased at an average annual rate of +9.6% from 2012 to 2022. At the same time, India (+16.0%), Malaysia (+6.5%) and South Korea (+1.8%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +16.0% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-6.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +23 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic self-adhesive plate supplier in Asia-Pacific, comprising 47% of total exports. The second position in the ranking was held by Japan ($X), with a 20% share of total exports. It was followed by South Korea, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +10.5%. In the other countries, the average annual rates were as follows: Japan (+0.3% per year) and South Korea (+2.9% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, which is down by -7.2% against the previous year. Overall, the export price showed a mild setback. The growth pace was the most rapid in 2021 an increase of 7.6% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.5%), while the other leaders experienced more modest paces of growth.

Plastic Self-Adhesive Plate Imports

Imports in Asia-Pacific

In 2022, overseas purchases of plastic self-adhesive plates, sheets and other flat shapes decreased by -0.8% to X tons for the first time since 2011, thus ending a ten-year rising trend. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% 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 +73.3% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of X tons, leveling off in the following year.

In value terms, plastic self-adhesive plate imports declined slightly to $X in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports attained the peak of $X, and then dropped modestly in the following year.

Imports by Country

Vietnam (X tons), China (X tons), Indonesia (X tons), Thailand (X tons), India (X tons), Singapore (X tons), Japan (X tons), South Korea (X tons), Australia (X tons), Malaysia (X tons), the Philippines (X tons) and Taiwan (Chinese) (X tons) represented roughly 89% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +17.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported plastic self-adhesive plates, sheets and other flat shapes in Asia-Pacific, comprising 32% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 12% share of total imports. It was followed by South Korea, with a 6.2% share.

In China, plastic self-adhesive plate imports expanded at an average annual rate of +1.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+15.8% per year) and South Korea (+2.0% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, flattening at the previous year. In general, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 4.8% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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