Asia: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Asia

The Asian plastic self-adhesive plate market fell modestly to $X in 2022, reducing by -4.2% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Plastic Self-Adhesive Plate Production in Asia

In value terms, plastic self-adhesive plate production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 19% against the previous year. 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

In 2022, plastic self-adhesive plate exports in Asia expanded markedly to X tons, with an increase of 8.7% compared with the previous year. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +71.5% against 2016 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 25% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, plastic self-adhesive plate exports reached $X in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China dominates exports structure, finishing at X tons, which was approx. 69% of total exports in 2022. Taiwan (Chinese) (X tons) ranks second in terms of the total exports with a 6.5% share, followed by South Korea (5.5%). Japan (X tons), Malaysia (X tons) and India (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic self-adhesive plate exports from China stood at +9.6%. 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, 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 +24 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic self-adhesive plate supplier in Asia, comprising 46% of total exports. The second position in the ranking was taken by Japan ($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 stood at +10.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+0.3% per year) and South Korea (+2.9% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, falling by -7.2% against the previous year. Over the period under review, the export price saw a slight descent. The growth pace was the most rapid in 2021 an increase of 8% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 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

In 2022, plastic self-adhesive plate imports in Asia stood at X tons, remaining relatively unchanged against the year before. The total import volume increased at an average annual rate of +4.9% over the period 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 with an increase of 12%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, plastic self-adhesive plate imports reduced modestly 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 somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

The countries with the highest levels of plastic self-adhesive plate imports in 2022 were 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), Turkey (X tons), the United Arab Emirates (X tons), Malaysia (X tons) and the Philippines (X tons), together recording 76% of total import. Taiwan (Chinese) (X tons) held a relatively small share of total imports.

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 ($X) constitutes the largest market for imported plastic self-adhesive plates, sheets and other flat shapes in Asia, comprising 29% of total imports. The second position in the ranking was held by Vietnam ($X), with an 11% share of total imports. It was followed by South Korea, with a 5.7% share.

In China, plastic self-adhesive plate imports expanded at an average annual rate of +1.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (+15.8% per year) and South Korea (+2.0% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, which is down by -2.8% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2017 an increase of 4.5%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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 the United Arab Emirates (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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