China: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2025

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in China

In 2022, the Chinese non-cellular polyvinyl chloride film market decreased by -3.8% to $X, falling for the second consecutive year after three years of growth. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -14.2% against 2020 indices. Non-cellular polyvinyl chloride film consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in China

In value terms, non-cellular polyvinyl chloride film production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.7% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 23%. Non-cellular polyvinyl chloride film production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from China

In 2022, the amount of non-cellular polyvinyl chloride films, sheets, foil and strip exported from China was estimated at X tons, with an increase of 15% against 2021. Over the period under review, exports saw a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 51% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, non-cellular polyvinyl chloride film exports skyrocketed to $X in 2022. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Vietnam (X tons), Russia (X tons) and India (X tons) were the main destinations of non-cellular polyvinyl chloride film exports from China, with a combined 31% share of total exports. The United States, the Philippines, Indonesia, Thailand, Mexico, Malaysia, Brazil, Egypt, Turkey and Bangladesh lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +26.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-cellular polyvinyl chloride film exported from China were Vietnam ($X), Russia ($X) and the United States ($X), together accounting for 28% of total exports. India, the Philippines, Indonesia, Malaysia, Thailand, Mexico, Brazil, Egypt, Bangladesh and Turkey lagged somewhat behind, together accounting for a further 32%.

Among the main countries of destination, Mexico, with a CAGR of +30.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-cellular polyvinyl chloride film export price stood at $X per ton in 2022, surging by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2016 when the average export price increased by 25%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into China

In 2022, after two years of growth, there was significant decline in overseas purchases of non-cellular polyvinyl chloride films, sheets, foil and strip, when their volume decreased by -10.9% to X tons. In general, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2013 with an increase of 11%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-cellular polyvinyl chloride film imports contracted modestly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

South Korea (X tons), Japan (X tons) and Germany (X tons) were the main suppliers of non-cellular polyvinyl chloride film imports to China, together accounting for 53% of total imports. Italy, the United States, Switzerland, Malaysia, the Netherlands, Spain, Thailand, Vietnam and Singapore lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +47.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular polyvinyl chloride film suppliers to China were Japan ($X), South Korea ($X) and the United States ($X), with a combined 51% share of total imports. Germany, Switzerland, Italy, the Netherlands, Singapore, Spain, Thailand, Vietnam and Malaysia lagged somewhat behind, together accounting for a further 32%.

Among the main suppliers, Vietnam, with a CAGR of +58.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-cellular polyvinyl chloride film import price amounted to $X per ton, with an increase of 9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2017 when the average import price increased by 29%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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