China: Plastic Support Market 2025

Plastic Support Market Size in China

The Chinese plastic support market amounted to $X in 2022, flattening at the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Plastic support consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Plastic Support Production in China

In value terms, plastic support production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by 22%. Plastic support production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Plastic Support Exports

Exports from China

For the fifth consecutive year, China recorded growth in overseas shipments of spools, cops and similar supports of plastics, which increased by 3.4% to X tons in 2022. Over the period under review, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +7.0% 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 +40.5% against 2016 indices. The pace of growth was the most pronounced in 2016 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, plastic support exports expanded remarkably to $X in 2022. Overall, exports showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for plastic support exports from China, with a 24% share of total exports. Moreover, plastic support exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), threefold. Australia (X tons) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+2.3% per year) and Australia (+14.7% per year).

In value terms, the United States ($X) remains the key foreign market for spools, cops and similar supports of plastics exports from China, comprising 23% of total exports. The second position in the ranking was taken by Japan ($X), with an 8.1% share of total exports. It was followed by France, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+4.0% per year) and France (+9.2% per year).

Export Prices by Country

The average plastic support export price stood at $X per ton in 2022, growing by 4.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2017 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 France ($X per ton), while the average price for exports to Australia ($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 South Korea (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Support Imports

Imports into China

In 2022, the amount of spools, cops and similar supports of plastics imported into China reduced dramatically to X tons, waning by -23.6% against the previous year's figure. Overall, imports continue to indicate a mild descent. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of X tons, and then declined markedly in the following year.

In value terms, plastic support imports declined notably to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of $X, and then reduced rapidly in the following year.

Imports by Country

South Korea (X tons), Japan (X tons) and Germany (X tons) were the main suppliers of plastic support imports to China, together comprising 45% of total imports. The United States, Thailand, Italy, Switzerland, Austria, Malaysia, India, Poland, Singapore and Sweden lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +43.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Japan ($X) and Germany ($X) constituted the largest plastic support suppliers to China, with a combined 52% share of total imports. The United States, Thailand, Italy, Switzerland, Austria, Malaysia, Singapore, Poland, India and Sweden lagged somewhat behind, together accounting for a further 32%.

Austria, with a CAGR of +33.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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 plastic support import price amounted to $X per ton, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 the United States (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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