China: Ethylene Polymer Bag Market 2025

Ethylene Polymer Bag Market Size in China

The Chinese ethylene polymer bag market amounted to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Ethylene polymer bag consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Ethylene Polymer Bag Production in China

In value terms, ethylene polymer bag production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 28%. Ethylene polymer bag production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Ethylene Polymer Bag Exports

Exports from China

In 2022, ethylene polymer bag exports from China stood at X tons, picking up by 4.2% compared with 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 53% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, ethylene polymer bag exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Japan (X tons) and Australia (X tons) were the main destinations of ethylene polymer bag exports from China, together comprising 45% of total exports. The UK, Germany, Canada, the Netherlands, Kazakhstan, Thailand and Vietnam lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +30.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ethylene polymer bag exported from China were the United States ($X), Japan ($X) and Australia ($X), together accounting for 44% of total exports. Canada, the UK, Vietnam, Germany, the Netherlands, Thailand and Kazakhstan lagged somewhat behind, together comprising a further 19%.

Thailand, with a CAGR of +29.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ethylene polymer bag export price amounted to $X per ton, growing by 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2016 when the average export price increased by 43%. 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.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Kazakhstan ($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 the United States (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Polymer Bag Imports

Imports into China

Ethylene polymer bag imports into China declined to X tons in 2022, falling by -9.2% compared with the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 16%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, ethylene polymer bag imports declined to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

Thailand (X tons), South Korea (X tons) and Japan (X tons) were the main suppliers of ethylene polymer bag imports to China, with a combined 48% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +17.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest ethylene polymer bag suppliers to China were South Korea ($X), the United States ($X) and Japan ($X), together comprising 44% of total imports. Thailand, Malaysia, Germany, France, Vietnam and Singapore lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Thailand, with a CAGR of +16.3%, recorded the highest rates of growth with regard to 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

The average ethylene polymer bag import price stood at $X per ton in 2022, dropping by -3.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Vietnam ($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 States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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