Asia: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

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

The Asian market for self-adhesive plastic tape in rolls of a width under 20cm fell to $X in 2022, waning by -3.6% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 15%. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

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

Exports in Asia

In 2022, exports of self-adhesive plastic tape in rolls of a width under 20cm in Asia expanded markedly to X tons, picking up by 12% against the previous year's figure. The total export volume increased at an average annual rate of +2.6% 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 2017 with an increase of 21%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm rose notably to $X in 2022. The total export value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

China dominates 20cm structure, resulting at X tons, which was near 68% of total exports in 2022. Taiwan (Chinese) (X tons) ranks second in terms of the total exports with a 7.3% share, followed by Indonesia (4.5%). South Korea (X tons), India (X tons), Malaysia (X tons), Japan (X tons) and Turkey (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to self-adhesive plastic tape in rolls of a width under 20cm exports from China stood at +5.2%. At the same time, India (+12.4%), Malaysia (+12.0%), Indonesia (+7.7%) and Turkey (+2.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +12.4% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Japan (-1.3%) and Taiwan (Chinese) (-6.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, India, Malaysia and Indonesia increased by +15, +1.8, +1.7 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest self-adhesive plastic tape in rolls of a width under 20cm supplier in Asia, comprising 57% of total exports. The second position in the ranking was held by Japan ($X), with an 11% share of total exports. It was followed by South Korea, with an 8.2% share.

In China, exports of self-adhesive plastic tape in rolls of a width under 20cm expanded at an average annual rate of +8.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-2.7% per year) and South Korea (+1.3% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, with a decrease of -3.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12%. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 China (+2.7%), 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 Asia

In 2022, imports of self-adhesive plastic tape in rolls of a width under 20cm in Asia shrank modestly to X tons, remaining constant against the previous year's figure. The total import volume increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 8.5% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm dropped modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons), distantly followed by Vietnam (X tons), Indonesia (X tons), Malaysia (X tons), South Korea (X tons), China (X tons), the Philippines (X tons), Thailand (X tons) and Singapore (X tons) were the largest importers of self-adhesive plastic tape in rolls of a width under 20cm, together mixing up 62% of total imports. The following importers - Myanmar (X tons), Iraq (X tons), the United Arab Emirates (X tons) and Turkey (X tons) - each accounted for a 12% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to self-adhesive plastic tape in rolls of a width under 20cm imports into Japan stood at +2.8%. At the same time, Myanmar (+30.5%), the Philippines (+16.5%), Iraq (+10.1%), Vietnam (+9.6%), Thailand (+6.4%), South Korea (+3.4%), Singapore (+2.7%) and Indonesia (+2.0%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in Asia, with a CAGR of +30.5% from 2012-2022. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Malaysia (-1.7%), Turkey (-2.8%) and China (-3.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines, Vietnam, Myanmar, Thailand, Japan and Iraq increased by +3.9, +3.5, +3, +1.7, +1.7 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported self-adhesive plastic tape in rolls of a width under 20cm in Asia, comprising 23% of total imports. The second position in the ranking was held by Japan ($X), with an 11% share of total imports. It was followed by Vietnam, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +1.4%. In the other countries, the average annual rates were as follows: Japan (+1.3% per year) and Vietnam (+10.2% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, waning by -3.7% against the previous year. Over the period under review, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2020 when the import price increased by 7.8%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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