Eastern Asia: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Eastern Asia

In 2022, the East Asian plastic self-adhesive plate market decreased by -4.4% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Plastic Self-Adhesive Plate Production in Eastern Asia

In value terms, plastic self-adhesive plate production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 14% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Plastic Self-Adhesive Plate Exports

Exports in Eastern Asia

In 2022, exports of plastic self-adhesive plates, sheets and other flat shapes in Eastern Asia expanded significantly to X tons, rising by 9.9% against 2021 figures. Total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.3% 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 +81.1% against 2016 indices. The pace of growth was the most pronounced in 2017 when exports increased by 26% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, plastic self-adhesive plate exports stood at $X in 2022. The total export 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, reaching X tons, which was near 80% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), South Korea (X tons) and Japan (X tons), together making up a 19% share of total exports.

China was also the fastest-growing in terms of the plastic self-adhesive plates, sheets and other flat shapes exports, with a CAGR of +9.6% from 2012 to 2022. At the same time, South Korea (+1.8%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-6.2%) illustrated a downward trend over the same period. China (+26 p.p.) significantly strengthened its position in terms of the total exports, while South Korea, Japan and Taiwan (Chinese) saw its share reduced by -2.5%, -4.3% and -16.4% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest plastic self-adhesive plate supplier in Eastern Asia, comprising 52% of total exports. The second position in the ranking was held by Japan ($X), with a 23% share of total exports. It was followed by South Korea, with a 14% share.

In China, plastic self-adhesive plate exports expanded at an average annual rate of +10.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (+0.3% per year) and South Korea (+2.9% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, which is down by -8.2% against the previous year. Overall, the export price saw a mild downturn. The most prominent rate of growth was recorded in 2021 when the export price increased by 7.6% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($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 Eastern Asia

In 2022, approx. X tons of plastic self-adhesive plates, sheets and other flat shapes were imported in Eastern Asia; dropping by -7.7% compared with 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 7.5% against the previous year. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, plastic self-adhesive plate imports dropped 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 2021 with an increase of 14% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China was the major importing country with an import of around X tons, which amounted to 39% of total imports. Japan (X tons) ranks second in terms of the total imports with a 23% share, followed by South Korea (19%), Taiwan (Chinese) (11%) and Hong Kong SAR (7.3%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +5.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported plastic self-adhesive plates, sheets and other flat shapes in Eastern Asia, comprising 59% of total imports. The second position in the ranking was taken by South Korea ($X), with an 11% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to +1.8%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+2.0% per year) and Taiwan (Chinese) (+1.6% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, surging by 2.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 6.2%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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