Japan: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Japan

In 2022, the Japanese market for non-cellular plates, sheets, film, foil and strip of plastics increased by 2.7% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, recorded a pronounced slump. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Japan

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics shrank to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced slump. The pace of growth was the most pronounced in 2018 when the production volume increased by 16%. Over the period under review, production of attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Japan

In 2022, approx. X tons of non-cellular plates, sheets, film, foil and strip of plastics were exported from Japan; waning by -23.8% on 2021. In general, exports recorded a mild decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of X tons, and then reduced dramatically in the following year.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics fell notably to $X in 2022. The total export value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by 15%. Over the period under review, the exports of hit record highs at $X in 2021, and then reduced sharply in the following year.

Exports by Country

China (X tons) was the main destination for exports of non-cellular plates, sheets, film, foil and strip of plastics from Japan, accounting for a 35% share of total exports. Moreover, exports of non-cellular plates, sheets, film, foil and strip of plastics to China exceeded the volume sent to the second major destination, South Korea (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to -3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+2.1% per year) and Taiwan (Chinese) (-1.4% per year).

In value terms, the largest markets for non-cellular plates, sheets, film, foil and strip of plastics exported from Japan were China ($X), Taiwan (Chinese) ($X) and South Korea ($X), together accounting for 75% of total exports. The United States, Thailand, Vietnam, Hong Kong SAR, Malaysia, the Philippines, Germany, Indonesia, Hungary and Singapore lagged somewhat behind, together comprising a further 20%.

In terms of the main countries of destination, Hungary, with a CAGR of +13.9%, recorded the highest rates of growth with regard to 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 export price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, picking up by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2016 an increase of 14%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

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 Taiwan (Chinese) ($X per ton), while the average price for exports to Singapore ($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 Taiwan (Chinese) (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Japan

Imports of non-cellular plates, sheets, film, foil and strip of plastics into Japan reached X tons in 2022, growing by 9.5% on the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics rose rapidly to $X in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Indonesia (X tons) and Vietnam (X tons) were the main suppliers of imports of non-cellular plates, sheets, film, foil and strip of plastics to Japan, together comprising 75% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +15.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Japan were China ($X), Indonesia ($X) and the United States ($X), with a combined 49% share of total imports. South Korea, Vietnam, Germany, Taiwan (Chinese), Malaysia and Thailand lagged somewhat behind, together accounting for a further 41%.

Vietnam, with a CAGR of +18.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, growing by 2.5% against the previous year. In general, the import price, however, saw a slight descent. The growth pace was the most rapid in 2020 when the average import price increased by 6.4%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform