Northern America: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Northern America

The North American plastic self-adhesive plate market expanded rapidly to $X in 2022, growing by 5.9% against the previous year. In general, consumption posted a strong increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Plastic Self-Adhesive Plate Production in Northern America

In value terms, plastic self-adhesive plate production totaled $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 -6.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Plastic Self-Adhesive Plate Exports

Exports in Northern America

Plastic self-adhesive plate exports shrank to X tons in 2022, waning by -4.8% against the year before. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 14% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic self-adhesive plate exports amounted to $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 25%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States was the key exporter of plastic self-adhesive plates, sheets and other flat shapes in Northern America, with the volume of exports resulting at X tons, which was approx. 63% of total exports in 2022. It was distantly followed by Canada (X tons), mixing up a 37% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +2.1%).

In value terms, the United States ($X) remains the largest plastic self-adhesive plate supplier in Northern America, comprising 90% of total exports. The second position in the ranking was held by Canada ($X), with a 10% share of total exports.

In the United States, plastic self-adhesive plate exports increased at an average annual rate of +3.0% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, surging by 8.6% against the previous year. Over the period under review, the export price saw a prominent increase. The pace of growth was the most pronounced in 2020 when the export price increased by 120%. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.8%).

Plastic Self-Adhesive Plate Imports

Imports in Northern America

In 2022, supplies from abroad of plastic self-adhesive plates, sheets and other flat shapes increased by 6.8% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, plastic self-adhesive plate imports rose significantly to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 25%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the United States (X tons) was the main importer of plastic self-adhesive plates, sheets and other flat shapes, creating 65% of total imports. It was distantly followed by Canada (X tons), comprising a 35% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +3.8%).

In value terms, the United States ($X) constitutes the largest market for imported plastic self-adhesive plates, sheets and other flat shapes in Northern America, comprising 70% of total imports. The second position in the ranking was held by Canada ($X), with a 30% share of total imports.

In the United States, plastic self-adhesive plate imports increased at an average annual rate of +5.3% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, flattening at the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2014 when the import price increased by 13%. The level of import peaked at $X per ton in 2021, and then reduced slightly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.8%).

Source: IndexBox Platform

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